Search found 2401 matches

by BruDude
Wed Jan 18, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: Has anyone ever asked for a refund of their Costco membership fee?
Replies: 19
Views: 1128

Re: Has anyone ever asked for a refund of their Costco membership fee?

I just purchased a Costco membership on the expectation that I'll be purchasing some hearing aids from them. I noticed in the fine print that you can quit your membership at any time you are not "satisfied" and receive a refund of your membership fee. I can see the potential for scamming ...
by BruDude
Wed Jan 18, 2017 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: term-life insurance
Replies: 3
Views: 239

Re: term-life insurance

Doesn't seem unreasonable. If it's a group policy that's being converted then the premiums may go up at age 65, age 70, age 75, etc. Better check on that. A 10-year term policy for a 63-year-old at $74k would be around $70/mo for someone in average health (Standard health rating). A 10-year $100k po...
by BruDude
Wed Jan 18, 2017 2:34 am
Forum: Personal Finance (Not Investing)
Topic: The wisdom of buying a car that doesn't depreciate (much)
Replies: 24
Views: 2624

Re: The wisdom of buying a car that doesn't depreciate (much)

Car guy here - I do this with all of my cars. Bought C6 Vette for $35k, sold 3 years later for $32k. Bought E92 M3 for $42k, sold 2.5 years later for $38k. Bought 991 S from Carmax knowing they underpriced it, sold for $25k more than I paid. Bought replacement 991 S that I could probably sell for $1...
by BruDude
Sun Jan 15, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 9888

Re: Why nobody understands importance of high-deductible insurance?

It depends on the trade-off in cost between the higher deductibles and the risk involved. My auto policy has a max deductible of $1,000. I had to get an exception to raise it to $2,500.
by BruDude
Sun Jan 08, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 17
Views: 1476

Re: Disability Insurance

I appreciate all the input. I apologize I have not included in my initial post, I work in the case management department as a manager thus the income. Due to the nerve damage, transplant is not applicable. Eye doctor discussed that I am at very high risk for retinal detachment which causes blindnes...
by BruDude
Thu Jan 05, 2017 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 4
Views: 403

Re: Disability Insurance

How did you know it was Principal? I am working with a financial planner who got me several pre-screened quotes. I actually did not think twice that the "conditions" would be something they would consider pre-existing conditions. It isn't osteoarthritis or RA etc. When they asked me the q...
by BruDude
Thu Jan 05, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 4
Views: 403

Re: Disability Insurance

You are probably going to get similar responses from other insurance companies, sounds like you applied with Principal. When I read your description, I thought "all of those are going to be excluded". Any time you are dealing with pain issues, especially within the last 5 years, you are li...
by BruDude
Thu Jan 05, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 6358

Re: spousal disagreement over how much house to buy

Didn't read the whole thread, but read the title and first thought was "happy wife, happy life" which probably sums up the answer pretty succinctly.
by BruDude
Thu Jan 05, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to gauge quality of healthcare network?
Replies: 5
Views: 335

Re: How to gauge quality of healthcare network?

PPO is a type of network. HSA is a type of health plan. Types of network include PPO, HMO, POS. An HSA can be under any of these three network types. Therefore, your HSA plan may use a PPO network, which could be the same as the traditional PPO plan that you are comparing it with. What type of netwo...
by BruDude
Tue Jan 03, 2017 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare.Gov did not pass info to Ins Co
Replies: 5
Views: 765

Re: Healthcare.Gov did not pass info to Ins Co

This happens often when the system re-enrolls the applicant into a new 2017 plan, then the applicant goes in to the account and applies for a new plan. The old plan never gets canceled out, and the old plan shows no tax credit, while the new plan doesn't show up. I'm on hold with HC.gov right now wa...
by BruDude
Thu Dec 29, 2016 2:32 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 12
Views: 1538

Re: Las Vegas Areas and Real Estate

Summerlin and Henderson. Northwest has some nice houses, but far from the strip. IMO, Summerlin is the most desirable area. Zip codes 89138, 89135, 89144, 89128.
by BruDude
Mon Dec 26, 2016 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Father's Group Life Ins. Policy cost ?
Replies: 3
Views: 234

Re: Father's Group Life Ins. Policy cost ?

That's not bad for a 70 year old with heart issues...
by BruDude
Sun Dec 25, 2016 9:41 pm
Forum: Personal Consumer Issues
Topic: Las Vegas - should I do anything?
Replies: 34
Views: 2906

Re: Las Vegas - should I do anything?

Go to Red Rock canyons and check out the scenery. Valley of Fire is also good. See Absinthe. Eat tasty food.
by BruDude
Fri Dec 23, 2016 2:37 am
Forum: Personal Finance (Not Investing)
Topic: Future budget for health insurance
Replies: 17
Views: 1096

Re: Future budget for health insurance

Somewhere between one and a billion
by BruDude
Thu Dec 22, 2016 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance (LTC) - Coverage decision
Replies: 11
Views: 1124

Re: Long term care insurance (LTC) - Coverage decision

The answer is probably somewhere in between. Buy a policy for an amount that you feel will reasonably cover the shortfall, and then build in a little "wiggle room" with a higher benefit in case costs are more than anticipated.
by BruDude
Wed Dec 21, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22606

Re: Chase Sapphire Reserve

Just call and have your statement close date moved up to sometime before the end of the year. They should be able to do that no problem. Then you can also get a $300 credit in 2018 since Chase refunds the annual fee if you cancel within 60 days after it is posted. They won't change the statement cl...
by BruDude
Tue Dec 20, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22606

Re: Chase Sapphire Reserve

I would think if you applied late January or in February you could get the double travel credit in 2017 and 2018. Spend 300 in 2017 and book something else in Jan 2018. Or maybe book in Dec 2017. I already got my $300 for 2016. And I'm now getting credits for 2017 credit here in December 2016, base...
by BruDude
Tue Dec 20, 2016 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22606

Re: Chase Sapphire Reserve

Just found out about this, not very happy to say the least. I was specifically told by the rep when I called before signing up that I would have "until the end of 2016" to get the $300 travel credit. Supervisor just told me there is nothing they can do, but they have had A LOT of complain...
by BruDude
Tue Dec 20, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22606

Re: Chase Sapphire Reserve

I would think if you applied late January or in February you could get the double travel credit in 2017 and 2018. Spend 300 in 2017 and book something else in Jan 2018. Or maybe book in Dec 2017. I already got my $300 for 2016. And I'm now getting credits for 2017 credit here in December 2016, base...
by BruDude
Mon Dec 19, 2016 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance question
Replies: 8
Views: 650

Re: Disability insurance question

I just did the same thing through Ohio National. Find an independent agent and find the best rates from all companies. Ohio National's new DI product is very competitive on both pricing and benefits. They have come a long way and are a great company all-around with very fast underwriting/approval. ...
by BruDude
Fri Dec 16, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 729
Views: 123922

Re: Boglehead Beer

Yes, they're very good, but way too expensive for bottles. Lot of good sours out there for less than $25-30/bottle. Even in Seattle, they are rarely more than $25/bottle. They're about the same price as bottles from The Bruery. But we were down at the Stone Brewery in San Diego a few months ago, an...
by BruDude
Fri Dec 16, 2016 11:34 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 729
Views: 123922

Re: Boglehead Beer

Had a Bruery Tart of Darkness and Founders Backwoods Bastard last night. Both A+ Have you any Cascade sours? They are phenomenal. We always have a few whenever we go to Portland, and often bring some bottles home. Yes, they're very good, but way too expensive for bottles. Lot of good sours out ther...
by BruDude
Thu Dec 15, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: IRA instead of disability insurance?
Replies: 13
Views: 1021

Re: IRA instead of disability insurance?

Disability insurance is really expensive. I'm 35 and I have about $350k in my IRA accounts. Should I consider saving the money on disability insurance and relying on penalty-free IRA withdrawals if I become disabled? "Really expensive" is a relative term to perceived value - it sounds lik...
by BruDude
Wed Dec 14, 2016 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: CPO cars - maintenance plans?
Replies: 9
Views: 830

Re: CPO cars - maintenance plans?

IMO you are better off finding a good independent shop in your area to do the work and not buy an extended maintenance package. A good indy shop should be 25-50% lower priced than the dealer for the same work. My oil change at the indy shop is $99, dealer wants $300 for the same job. Had my exhaust ...
by BruDude
Tue Dec 13, 2016 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Term insurance without exam
Replies: 28
Views: 2867

Re: Term insurance without exam

My spouse and I recently took out term policies with Lincoln Financial. No physical exam required, just a phone interview about our health and lifestyle. This is their new TermAccel product (limited to $500k or less.) Overall the process was quite simple and relatively easy. How did you apply? It l...
by BruDude
Tue Dec 13, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 2105

Re: Taking on a 5/5 ARM in this environment?

I only put down 5% with PenFed and still got the advertised rate. Worth a shot.
by BruDude
Tue Dec 13, 2016 2:46 am
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 2105

Re: Taking on a 5/5 ARM in this environment?

tmz1m wrote:If you're aware of banks offering lower rates, feel free to post them. Rates have really come up a bit in the last several months.


I don't think you'll find anything better than PenFed
by BruDude
Mon Dec 12, 2016 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 2105

Re: Taking on a 5/5 ARM in this environment?

PenFed has a 5/5 ARM for 2.875% with 2% max resets every 5 years up to 5% lifetime max and no origination fee: https://www.penfed.org/5_5-Adjustable-Rate-Mortgage-ARM/ That 5% is the lifetime max adjustment ... not the maximum rate. So the 2.875% could be as high as 7.875%. Still, not as big a bang...
by BruDude
Mon Dec 12, 2016 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 2105

Re: Taking on a 5/5 ARM in this environment?

PenFed has a 5/5 ARM for 2.875% with 2% max resets every 5 years up to 5% lifetime max and no origination fee: https://www.penfed.org/5_5-Adjustable-R ... tgage-ARM/
by BruDude
Sat Dec 10, 2016 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Premier Choice being suggested by agent for health insurance
Replies: 10
Views: 2249

Re: Premier Choice being suggested by agent for health insurance

This plan has been recommended to me as well but I am coming up with a different conclusion than the other posts. I feel like this is a great plan for several reason. First, to answer a question as to what would happen if you ended up with a $500K medical bill. It wouldn't be that bad. It depends o...
by BruDude
Tue Dec 06, 2016 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 2126

Re: Affordable Care Act question - would greatly appreciate assistance

Try calling again or work with a navigator or agent. Some insurance brokers are also excellent at Marketplace applications. You have an application on file, so someone can open the application and review each question to determine where the error is. https://localhelp.healthcare.gov/#intro Good luc...
by BruDude
Tue Dec 06, 2016 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 2126

Re: Affordable Care Act question - would greatly appreciate assistance

Doesn't make sense, something is missing from the application. I would re-read all of the questions again carefully. If she calls back to HC.gov, ask to speak with a supervisor. They usually know what they are doing. The front-line phone reps are mostly idiots that have no clue what they're talking ...
by BruDude
Tue Dec 06, 2016 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 2126

Re: Affordable Care Act question - would greatly appreciate assistance

15% of income is not considered affordable under the law, the limit is 9.66%. She should qualify for a subsidy. Her employer is also running the risk of paying a big penalty if there are other employees with unaffordable coverage and they have more than 50 employees: https://www.irs.gov/affordable-c...
by BruDude
Tue Dec 06, 2016 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What other Disability insurance companies to consider?
Replies: 4
Views: 307

Re: What other Disability insurance companies to consider?

Guardian/Berkshire Standard Principal MassMutual Ameritas These are the big five that offer specialty specific coverage to doctors these days. A good independent insurance agent should be able to sell you a policy from any of these and explain the advantages of one over another for your particular ...
by BruDude
Mon Dec 05, 2016 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Private disability insurance quote integrate with group disability
Replies: 2
Views: 182

Re: Private disability insurance quote integrate with group disability

The agent is correct. The insurance company doesn't care if your group plan has a 2-year benefit period or an age-65 benefit period, they are still going to count it against you either way (and this is a general rule with all companies, not just Guardian). If you are able to opt out of the group pla...
by BruDude
Mon Dec 05, 2016 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: What is best health ministry for health insurance?
Replies: 24
Views: 2095

Re: What is best health ministry for health insurance?

I know passions run deep in this forum regarding whether or not health ministries, as a concept, are a good idea. However, assuming one wants to go the health ministry route, what would be the best one to choose? For some background on my specific situation, I am a single, self-employed, 34 year-ol...
by BruDude
Mon Dec 05, 2016 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Should individual disability insurance complement group coverage?
Replies: 4
Views: 389

Re: Should individual disability insurance complement group coverage?

The individual policy should have much better benefits than the group policy. If you are able to opt out of your employer's group plan, then you can qualify for a much larger benefit amount on the individual policy. Generally, you can only get up to about 60-67% of income covered by individual DI si...
by BruDude
Tue Nov 29, 2016 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Income Confirmation
Replies: 8
Views: 697

Re: ACA Income Confirmation

The family cost has nothing to do with the 9.6% affordability provision, it is based on the employee-only cost of coverage. If the coverage is considered affordable to the employee, that makes the rest of the family ineligible for a subsidy from the individual exchange market. See the "family ...
by BruDude
Tue Nov 29, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Income Confirmation
Replies: 8
Views: 697

Re: ACA Income Confirmation

I just signed my wife and son up on the marketplace for health insurance and got a decent rate. My work place does offer health insurance for my family but the cost would be 1000 additional per month which would put me way ahead of the 9.6% part of my income. Everything is close to being finalized ...
by BruDude
Wed Nov 23, 2016 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Term insurance without exam
Replies: 28
Views: 2867

Re: Term insurance without exam

That sounds alarming, but I don't think it's accurate. I have never come across a pharmacy selling a dataset of individualized prescription data. Conceivably, a pharmacy could ask a patient to sign a HIPAA-compliant release authorizing such information to be disclosed for this specific commercial p...
by BruDude
Wed Nov 23, 2016 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Individual disability in addition to group disability
Replies: 8
Views: 664

Re: Individual disability in addition to group disability

If you keep the NWM policy you won't be eligible to buy anything. If you replace the NWM policy, you'd be eligible for about $3100/month in benefits under a new policy assuming your bonus counts as income (must have received bonus for two years current/prior to count). Being eligible for bonus incom...
by BruDude
Tue Nov 22, 2016 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Hospital Indemnity/Accident/Critical Illness supplements for medical insurance
Replies: 11
Views: 704

Re: Hospital Indemnity/Accident/Critical Illness supplements for medical insurance

To me,, this resembles "cancer" insurance. Generally, not a very good deal for anyone except the underwriter. Can be a good deal depending on the cost and whether it covers employee-only or the whole family. I've seen a number of these that I would consider a "good deal" while o...
by BruDude
Tue Nov 22, 2016 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Ownership change
Replies: 5
Views: 609

Re: Term Life Ownership change

Goblue97 wrote:What if there is a clear conflict of interest?


That's what lawyers are for! :D
by BruDude
Tue Nov 22, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Ownership change
Replies: 5
Views: 609

Re: Term Life Ownership change

No, that's why you have a designated owner, and also a good reason why the insured or a designated trust is usually the owner of the policy instead of having it be owned by a spouse or other person.
by BruDude
Tue Nov 22, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Term insurance without exam
Replies: 28
Views: 2867

Re: Term insurance without exam

I just checked on Compulife/term4sale and it appears to be a Mass Mutual branded product listed as "Mass Mutual Life Ins (Haven) - Haven Term". There are a number of insurance companies going towards no-exam policies for younger/healthier clients. American National, Lincoln National, Sagic...
by BruDude
Tue Nov 22, 2016 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Term insurance without exam
Replies: 28
Views: 2867

Re: Term insurance without exam

Never heard of it but looks like an insurance agency not an insurance company. You sure that popped up on term4sale? They don't list agencies in the price results.
by BruDude
Mon Nov 21, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Hospital Indemnity/Accident/Critical Illness supplements for medical insurance
Replies: 11
Views: 704

Re: Hospital Indemnity/Accident/Critical Illness supplements for medical insurance

Hospital Indemnity: Admission: $1,000 Confinement: $100/day (31 days max) ICU: $100/day (10 days max in addition to confinement) intermediate IC step-down unit: $50 (10 days max in addition to confinement) Mammography $50 Accident: Quadripelgia: $10,000 Paraplegia: $5,000 Hip Fracture: $4,000 List ...
by BruDude
Mon Nov 21, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Whole life - 7 "pithy" questions to ask the salesman
Replies: 43
Views: 3998

Re: Whole life - 7 "pithy" questions to ask the salesman

So, question for Ole Meph or other insurance experts. Is this a circumstance where someone without dependents might rationally buy life insurance (term) to protect insurability? Of course, not everyone being deployed is going into combat. But for someone who is headed for a combat assignment, their...
by BruDude
Mon Nov 21, 2016 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Hospital Indemnity/Accident/Critical Illness supplements for medical insurance
Replies: 11
Views: 704

Re: Hospital Indemnity/Accident/Critical Illness supplements for medical insurance

They are high in relation to your medical insurance because your employer is paying for a huge portion of the medical, but probably isn't paying any part of this optional add-on coverage. Hard to say if it's worth it without knowing what the policies cover.
by BruDude
Mon Nov 14, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Individual Health Insurance with National Coverage
Replies: 2
Views: 362

Re: Individual Health Insurance with National Coverage

Probably not going to have any options on the individual market. If you are healthy and short-term insurance is available in your area, you may be able to find one with a national PPO network. I think NY doesn't allow short-term policies though. Gotta love NY's Department of Insurance...they know wh...

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