Search found 13878 matches

by VictoriaF
Mon Jun 29, 2015 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

Thank you, cheese_breath, it's good to know. Victoria Remember, there's no guarantee Lucent will do it the same way GM did. GM and Prudential handled the details of the financial transfer so the money went directly from GM to Pru without me ever touching it. If I had taken the lump sum and bought a...
by VictoriaF
Mon Jun 29, 2015 8:07 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2015!
Replies: 92
Views: 11837

Re: Roll Call for the Retirement Class of 2015!

Class of 2015 as of 29 June 2015: 07 Aug - laughlinlvr 26 Aug - devans0 31 Aug - Summit111 01 Sep - obgyn65 30 Sep - midmoder 08 Oct - cadreamer2015 18 Dec - cinghiale 31 Dec - Nearing_Destination 31 Dec - Snapper (68) Have graduated: 01 Jan - m139115 (56) 05 Jan - MidMNtom (60) 15 Jan - Greenie (6...
by VictoriaF
Mon Jun 29, 2015 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

Thank you, cheese_breath, it's good to know.

Victoria
by VictoriaF
Mon Jun 29, 2015 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

I have thought of some secondary factors that may influence the decision. 1. Confirmation bias , a well established cognitive feature, causes current Lucent annuitants to prefer an annuity, because we have already made this choice in the past and have been receiving the annuity for many years. 2. Fi...
by VictoriaF
Mon Jun 29, 2015 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

This thread may be of interest to your brother-in-law.. Thank you for the reference, it is in fact of great interest. One difference between the two threads is that g$$'s discussion is focused on the initial decision , in which a retiring employee is choosing between a lump sum and the company's pe...
by VictoriaF
Mon Jun 29, 2015 6:15 am
Forum: Investing - Help with Personal Investments
Topic: 10 Reasons to take your pension annuity over a lump sum
Replies: 39
Views: 7806

Re: 10 Reasons to take your pension annuity over a lump sum

Reason 11: In at least one state (Illinois), payments from a qualified pension are exempt from state income tax with no limits. I haven't looked in other states but I think some may have a similar provisions with limits. If a qualified pension is transferred to an insurance company, is it still a &...
by VictoriaF
Mon Jun 29, 2015 6:07 am
Forum: Investing - Help with Personal Investments
Topic: 10 Reasons to take your pension annuity over a lump sum
Replies: 39
Views: 7806

Re: 10 Reasons to take your pension annuity over a lump sum

Shutting down a plan isn't a big deal because upon termination they simply buy an annuity from a life insurer to replace yours. The only thing changing from a retirees perspective is the name on the envelope with their monthly check. Let them pay for all those extra expenses and more conservative a...
by VictoriaF
Sun Jun 28, 2015 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

If the buyout amount is fair, he can always turn around and purchase his own annuities with that money (multiple, to spread out the risk among institutions). The annuity from the pension plan will probably pay more than one that he can buy from an insurance company, though it won't be diversified a...
by VictoriaF
Sun Jun 28, 2015 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

If the buyout amount is fair, he can always turn around and purchase his own annuities with that money (multiple, to spread out the risk among institutions). The annuity from the pension plan will probably pay more than one that he can buy from an insurance company, though it won't be diversified a...
by VictoriaF
Sun Jun 28, 2015 9:17 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 51
Views: 3464

Re: Travel to Greece

livesoft wrote:
Rainier wrote:Would be cheaper on a Greek airline after a conversion.

If a Greek airline still exists after few months.

They will change emergency Exit signs on airplanes to Grexits.

Victoria
by VictoriaF
Sun Jun 28, 2015 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 46
Views: 3460

Re: Lucent offering pension buyout to retirees: what to do?

I retired from Lucent in 2001 and receiving a pension under the management plan. I have not received a letter with the offer (yet). My default inclination is to continue getting an annuity even if the payer will change. I will monitor this thread for other ideas.

Victoria
by VictoriaF
Sun Jun 28, 2015 8:59 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Regarding security questions: 1. Should one periodically change a website's security question or answer to the question or both? 2. It appears that the Thrift Savings Plan (TSP) does not have security questions. Can any TSP participant verify this? 1. After major systems changes on the provider's e...
by VictoriaF
Sun Jun 28, 2015 10:40 am
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 144
Views: 11840

Re: The next Lehman - this week? [Greek default]

Valuethinker wrote:And there's Ukraine.


I have a solution to all European problems: Exchange Greece for Ukraine in the EU and Eurozone. As an EU precedent it would be a swap rather than Grexit. Ukraine would get what it wants. And Russia and Greece would further bond as Grussia.

Victoria
by VictoriaF
Sat Jun 27, 2015 9:14 pm
Forum: Personal Consumer Issues
Topic: Bogleheads -"Raybo" knows Alcatraz! Bo knows football.
Replies: 4
Views: 522

Re: Bogleheads -"Raybo" knows Alcatraz! Bo knows football.

jhh9327 wrote:
VictoriaF wrote:Thank you for the reminder of Raybo's kind offer.

Who is Bo? Was there football in Alcatraz or I am missing a joke?

Victoria


https://www.youtube.com/watch?v=-GPxkpjCvWI


Got it!
by VictoriaF
Sat Jun 27, 2015 9:02 pm
Forum: Personal Consumer Issues
Topic: Bogleheads -"Raybo" knows Alcatraz! Bo knows football.
Replies: 4
Views: 522

Re: Bogleheads -"Raybo" knows Alcatraz! Bo knows football.

Thank you for the reminder of Raybo's kind offer.

Who is Bo? Was there football in Alcatraz or I am missing a joke?

Victoria
by VictoriaF
Fri Jun 26, 2015 9:02 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Thanks, Victoria. I guess that means I should have a different mother's maiden name, for example, for different website accounts. Security questions were developed years ago, when breaches were rare and mainstream system developers did not anticipate that your mother's maiden name could be exposed ...
by VictoriaF
Fri Jun 26, 2015 5:25 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Regarding the security questions, what if I answered, "Wouldn't you just like to know," to every question of every website account I had? Would this be a problem – for me and for the website administrator? There could be a problem with the length of your security questions' answers. But a...
by VictoriaF
Fri Jun 26, 2015 1:31 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Regarding the security questions, it's a good idea to not use valid answers but rather made up ones. I started doing this some time ago, and it's a little more inconvenient but worth it for the peace of mind. For example, the question: "What is your mother's maiden name?" could be answere...
by VictoriaF
Fri Jun 26, 2015 1:25 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

In addition to Victoria's summation list, add: Enable two-factor authentication where offered. LastPass - use two-factor authentication (2FA) for signing in from a new computer or device. Vanguard offers 2FA. Ditto most banks, etc. Your password-protected smartphone makes a reasonable and convenien...
by VictoriaF
Fri Jun 26, 2015 8:20 am
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6763

Re: Your Top 10 Books

Dostoevsky is the favorite Bogleheads author! The Bogleheads must be gluttons for punishment.

Victoria
by VictoriaF
Thu Jun 25, 2015 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Workplace Instability
Replies: 15
Views: 2178

Re: Workplace Instability

My two cents as someone who has been in management for awhile with over 100 indirect reports - people leave their manager (or stick with them) even if the company is good/bad, upper management is good/bad, etc Meaty is not necessarily correct. I once worked in a group where my manager was okay, but...
by VictoriaF
Thu Jun 25, 2015 11:28 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Rather than frequently changing passwords, would you instead recommend a password manager like LastPass ? I used to check credit reports a couple times/year. Seems like it needs to be done much more frequently now. I wonder if there will be more pressure now to allow people to view them at will, at...
by VictoriaF
Thu Jun 25, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16280

Re: Is it worth aspiring to get more?

But honestly is everyone's work environment so bad they would rather be home watching daytime TV than be at work? I can think of 1,000 things I'd rather be doing than going to work every day, and watching daytime TV is not high on that list. There should be a law that requires early retirees to get...
by VictoriaF
Thu Jun 25, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

I acknowledge and agree that the potential for harm and damage is frightening, but knowing this, what can we do? Are we helpless potential victims? There's not much we can do about wide-spread actions by foreign entities against financial institutions. However, you can be vigilant for personal leve...
by VictoriaF
Thu Jun 25, 2015 10:56 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

I acknowledge and agree that the potential for harm and damage is frightening, but knowing this, what can we do? Are we helpless potential victims? BFG I recommend reading Krebs on Security, which I linked in an earlier message. Some good actions include: 1. Getting a credit report and scrutinizing...
by VictoriaF
Thu Jun 25, 2015 10:39 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

I don't understand how the OPM breach can give anyone complete TSP, Vanguard, and Fidelity account access. Let's say an attacker has passwords but not answers to security questions. When he tries to access a Vanguard account from an unregistered computer, he must answer a security question. Many co...
by VictoriaF
Thu Jun 25, 2015 10:21 am
Forum: Personal Finance (Not Investing)
Topic: [CNBC article: Social Security Denying Delayed Benefits]
Replies: 23
Views: 3163

Re: [CNBC article: Social Security Denying Delayed Benefits]

Mike, I'm beginning to think you have something against Kotlikoff. Against him personally? No. I quite enjoyed his book Spend 'Til the End , and would even credit it as having a significant impact on my own personal financial planning. (As a person with no bequest motive, the book was especially ap...
by VictoriaF
Thu Jun 25, 2015 9:08 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Looking a little further into this, it seems this is not news. Appears the hackers have had this data for some time. The difference now is the offer for credit monitoring. Black Swans are personal. For the foreign country's hackers the breach was never news. The OPM was struck by the news a few mon...
by VictoriaF
Thu Jun 25, 2015 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16280

Re: Is it worth aspiring to get more?

What if the doctor told you that you were going to live either 1 or 40 more years, but he wasn't sure which? You asked it as a thought experiment, but there is a plausible scenario in which such a choice would apply. Let's say you are a relatively healthy man in your 80s. Your probability of dying ...
by VictoriaF
Wed Jun 24, 2015 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16280

Re: Is it worth aspiring to get more?

albireo13 wrote:My opinion, based on my priorities .... own less .... travel more !


I'd say 'own enough, travel enough.' Too much or too little of either reduces the quality of life.

Victoria
by VictoriaF
Wed Jun 24, 2015 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16280

Re: Is it worth aspiring to get more?

In the context of this thread, I don't think that Dr. X was aspiring to get more money. He was serving his country and was proud of his career, academic, and interpersonal achievements. But his death is another reminder that even the best of us have a limited life span. Dr. X was in his late 50s, l...
by VictoriaF
Wed Jun 24, 2015 6:04 am
Forum: Personal Consumer Issues
Topic: 4th of July in Washington, DC
Replies: 12
Views: 1129

Re: 4th of July in Washington, DC

Almost every year, i am traveling around the 4th of July and miss the DC fireworks. Several years ago, I liked to watch the fireworks from a hill in Ft. Myer, but last year, they have restricted public attendance. This is bad news for visitors but creates a better experience for those who can still ...
by VictoriaF
Tue Jun 23, 2015 2:56 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6763

Re: Your Top 10 Books

Top nonfiction/fiction books read in the last five years: Thinking, Fast and Slow , Daniel Kahneman Your Money and Your Brain , Jason Zweig Einstein: His Life and Universe , Walter Isaacson Predictably Irrational , Dan Ariely John Adams , Walter McCullough T he Innovators: How a Group of Hackers, G...
by VictoriaF
Tue Jun 23, 2015 1:29 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6763

Re: Your Top 10 Books

somebody mentioned Lion Feuchtwanger - I love "Foxes in the Vineyard" - about the French revolution, it was also my first introduction to Ben Franklin. I am not sure this author has been much translated in English though, I brought the book with me to the US, but I read it in my native la...
by VictoriaF
Tue Jun 23, 2015 12:33 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6763

Re: Your Top 10 Books

Top nonfiction/fiction books read in the last five years: Thinking, Fast and Slow , Daniel Kahneman Your Money and Your Brain , Jason Zweig Einstein: His Life and Universe , Walter Isaacson Predictably Irrational , Dan Ariely John Adams , Walter McCullough T he Innovators: How a Group of Hackers, G...
by VictoriaF
Tue Jun 23, 2015 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 16280

Re: Is it worth aspiring to get more?

Today, I received a message from a former colleague that one of my former bosses passed away. I am in shock. He was one of the best people I have worked for. He has received the SES appointment at about the same time as I was promoted and was moving to another building. The building had space shorta...
by VictoriaF
Tue Jun 23, 2015 11:11 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

My communication did not contain an embedded link. It was an emailed letter from OPM with a personalized code for me to enter to sign up for CSID's services. The direction was to use the code to enter separately, with the email address provided. Mine came from a dot com address. BFG Did your email ...
by VictoriaF
Tue Jun 23, 2015 10:52 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Is is significant that the email from CSID came from a dot com address versus a dot gov address? BFG Thank you for pointing it out. This means that it was CSID's incompetence in asking us to click on an imbedded link. My apologies to the OPM for blaming them for this specific matter. (Even though t...
by VictoriaF
Tue Jun 23, 2015 10:43 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

This are just my opinions: 1. Have a credit freeze does not prevent you from opening accounts at all. Steps to follow: - apply, - get decision postponed, - call and find out which credit bureau, - either unlock, or get a one-time pin, - collect bonuses, - enjoy, 2. My identity has been hacked so ma...
by VictoriaF
Tue Jun 23, 2015 10:25 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

When I saw the e-mail from CSID, I thought is was a phishing event but after reading this thread and calling OPM. I expected to be contacted by the OPM, and thus my initial guess was: 80% incompetence / 20% phishing. However, even if your and my email messages were genuine, a malicious actor may st...
by VictoriaF
Tue Jun 23, 2015 9:56 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

However, depending on who you think stole the data, you may not have to worry about identity theft or credit fraud. If it was a foreign government, as some people believe, they likely won't use the information for credit fraud. Hoopy, Thank you for describing your experience with CSID. As for your ...
by VictoriaF
Mon Jun 22, 2015 11:54 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Identity theft is one obvious consequence, but has anyone considered that those with security clearances may now be targeted while traveling overseas? This is a very serious consideration when people with records in the OPM database travel to the PRC. I don't know if it's also a concern when they t...
by VictoriaF
Mon Jun 22, 2015 10:02 am
Forum: Personal Finance (Not Investing)
Topic: One-Two Punch for my credit card game
Replies: 62
Views: 7584

Re: One-Two Punch for my credit card game

Victoria, my perspective based on your comments from above.... I don't need extra $5k per year, but I appreciate an opportunity to save it. Sounds like you should consider this a hobby since it's not required. Lots of people make a little cash from hobbies but their main goal is enjoyment, relaxati...
by VictoriaF
Sun Jun 21, 2015 7:35 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Fair enough, Victoria. I will be interested to see what help that people in your situation get. My suspicion is that this will get a lot of attention. I appreciate what government employees do for us each and every day and I hope everything possible is done. It has been a very interesting thread. T...
by VictoriaF
Sun Jun 21, 2015 7:13 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Steve, Ned, I am as outraged as you are. However, I am trying to keep this thread focused on the practical response to the breach. If we get emotional (and believe me, I am VERY emotional about this issue), the thread will be locked and we and others will miss a potentially useful discussion. Thank ...
by VictoriaF
Sun Jun 21, 2015 6:59 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

nedsaid, The first priority for all affected people is to take the immediate protection measures, such as: - change passwords for critical accounts - change answers to security questions (if they were truthful) - institute credit freezes - enroll in the CSID services - decide what information to pro...
by VictoriaF
Sun Jun 21, 2015 6:48 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

One report I have seen indicates that the system admins (with root access) were not even on-site; they were apparently in the PRC and Argentina!), and that the data wasn't exactly "hacked", it appears the information was simply taken by those who had access. Steve, I've read that administ...
by VictoriaF
Sun Jun 21, 2015 5:27 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

I am a retired Fed and haven't (yet) received any notification from OPM. That said, I didn't wait; I locked down three family members credit reports (Mom, Wife, me), which, by the way is an interesting challenge. One of the credit bureaus (Equifax IIRC) does not do anything online. They say it's fo...
by VictoriaF
Sun Jun 21, 2015 4:57 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 158
Views: 12306

Re: OPM breach and credit freeze

Edit: And if you're still not concerned, perhaps this quote from a Forbes article ( http://www.forbes.com/sites/danmunro/2015/02/23/new-study-says-over-2-million-americans-are-victims-of-medical-identity-theft/ ) will be enlightening: The direct out‒of‒pocket costs to victims of medical identity th...
by VictoriaF
Sun Jun 21, 2015 4:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: FATHER'S DAY
Replies: 15
Views: 1807

Re: FATHER'S DAY

Congratulations to Forum's Founding Fathers: Larry (mingstar), Alex, Mel, and Taylor!

Victoria

Go to advanced search