Search found 775 matches

by Gnirk
Sun Jun 24, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 32
Views: 1974

Re: Compliments for Vanguard?

I've not experienced the issues others have with Vanguard customer service. I can make an appointment with my Flagship representative, and he's always timely in his calls. I can email him with questions, and receive answers in a timely manner. If he can't answer, he refers me to someone who can, and...
by Gnirk
Sat Jun 23, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 63
Views: 2790

Re: This is ridiculously expensive LTCi, right? Or maybe not?

Sounds a bit pricey, but then we never know what will happen in life. My very healthy mother, absolutely no physical issues, fit, active, etc developed Alzheimer's disease at the age of 78. And she was the poster girl for the alzheimers-prevention lifestyle! Long story short, she was under care for ...
by Gnirk
Tue Jun 19, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9767

Re: Messy Divorce -- Forensic Accounting Help....

Just a thought: She most likely has credit cards(s) you don't know about, and she's been using the money to make payments. Can you check HER annual credit report to see what cards or credit accounts she has? That would be one place to start. And check yours too. She doesn't sound like a saver, she s...
by Gnirk
Mon Jun 18, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Help From Cruel Stepmother
Replies: 35
Views: 4411

Re: Trust Help From Cruel Stepmother

I am so sorry for the loss of your dad, and the resulting circumstances. I believe that anyone who is a beneficiary of the trust is supposed to receive a copy of the trust. Otherwise, it is private and in our state, doesn't go through the probate process. However, a will does and is a matter of publ...
by Gnirk
Mon Jun 18, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 10111

Re: Timeshare ever worth it? Please share details

We've owned timeshares since 1985....three different areas, and 5 weeks total. All purchased on the secondary market at reasonable cost. Some weeks we used each year (paid $7000 on the secondary market for a beautiful 2-bedroom 2 1/2 bath in Hilton Head that was on a great golf course and included a...
by Gnirk
Sun Jun 17, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7526

Re: Which Supermarket are you?

I shop at Costco, Safeway, and Trader Joe’s, depending upon what I need. And I buy organic whenever it’s available. As I tell my DH, I buy organic for what isn’t in it!
by Gnirk
Thu Jun 14, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 106
Views: 8908

Re: I was rear ended and the other guy wants a payout!

Sadly, this happened to me many years ago. The other driver rear-ended me, well after I was on the street. She was obviously at fault, didn't even have her driver's license with her, and left the scene to go home and get it. Months later when my premiums increased, I found out she had claimed it was...
by Gnirk
Mon Jun 11, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4751

Re: How do you celebrate (potty trained kid) milestone with your spouse?

Wow! I never knew successful potty training was a celebratory event, or there were such things as “ babymoons” and push presents. I got robbed!!! 🤣
by Gnirk
Sat Jun 02, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Helping son buy a house
Replies: 33
Views: 2974

Re: Helping son buy a house

I think it's great that you want to help your son buy a house. However, I agree with others who have advised gifting him the downpayment, and letting him take out a loan and pay a third party, not you. Personally, i've loaned money ($1,000-$2,000) to my children over the years, we always sign a note...
by Gnirk
Tue May 29, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 248
Views: 29372

Re: Why pay cash for a car?

Even though auto loan rates are low, we pay cash for our cars. In fact, if we can't pay cash for something, we don't buy it. At our age, we prefer to continue to be debt free. And know that we are fortunate that we can pay cash for those things we really want.
by Gnirk
Mon May 28, 2018 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Costco Eyeglasses - No satisfaction guarantee. Any chance of resolution?
Replies: 31
Views: 23562

Re: Costco Eyeglasses - No satisfaction guarantee. Any chance of resolution?

I once bought prescription glasses fron Costco and would never do it again or recommend to anyone. The lenses — which they told me were their highest quality — had unacceptable levels of chromatic aberration and distortion. Their $10 3-pack of reading glasses (same prescription) had better optical ...
by Gnirk
Sat May 26, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: What was your experience inheriting assets held at Vanguard?
Replies: 24
Views: 2209

Re: What was your experience inheriting assets held at Vanguard?

My one really big disappointment and frustration in Vanguard was when my brother and I inherited our mom’s accounts. They were in her revocable trust, I was both the trustee ( had been for a long time) and executor of her estate. The specialist I worked with never returned my calls, “misplaced” pape...
by Gnirk
Thu May 24, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7891

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Here's one individual's take on an Advance Directive regarding Alzheimer's / Dementia to provide an example for changing the paradigm to fit one's own criteria and circumstances. Currently, my Advance Directive and healthcare POA do not address this, and I intend to have them revised to do so. I ha...
by Gnirk
Wed May 23, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7891

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Even those with the ability to self insure, a long tail yearly claim of 100,000 in today's dollars for 10 or more years is a very tough pill to swallow. Yes, that’s very true. I speak from experience; my mom suffered from Alzheimer’s for 12 years, 8 of those years in a private care home specializin...
by Gnirk
Sat May 19, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12457

Re: Helping Adult Children (but not too much)

I have helped my adult children when they needed it- mostly involving job layoffs, when I’ve paid their medical insurance, helped with replacing an aging and barely working computer, etc. I also disclaimed a portion of an inheritance so that portion went directly to them, which they invested. They a...
by Gnirk
Sat May 19, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7891

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Even those with the ability to self insure, a long tail yearly claim of 100,000 in today's dollars for 10 or more years is a very tough pill to swallow. Yes, that’s very true. I speak from experience; my mom suffered from Alzheimer’s for 12 years, 8 of those years in a private care home specializin...
by Gnirk
Sat May 19, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7891

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

My planning takes into consideration the probable need for LTC and the possibility I may have AD and require care at some point. I’m still fairly frugal, and I’m of the mind my investments are there to take care of these possibilities, and whatever, if anything, is left will be my daughters’ inherit...
by Gnirk
Thu May 17, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Financial Gifts for Kids... 529? Savings Bonds? What's the best option?
Replies: 8
Views: 773

Re: Financial Gifts for Kids... 529? Savings Bonds? What's the best option?

You asked if there is a guarantee that parents won’t spend money gifted to children. From personal experience, there is no guarantee the parent(s) will be good custodians of the monetary gifts, although MOST parents probably are. My DH funded his grandchildren’s 529 accounts, with the parents as own...
by Gnirk
Tue May 15, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bringing individual assets into joint account
Replies: 27
Views: 1111

Re: Bringing individual assets into joint account

I have a large taxable account in my name only. It is money that I received as an inheritance. If I predecease my husband, It is important to me that this inheritance be handled in a different manner than the assets that we have accumulated jointly. I was able to do that in my will, because I have ...
by Gnirk
Tue May 15, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Large Personal Injury Settlement
Replies: 58
Views: 5215

Re: Large Personal Injury Settlement

And tell no one about your settlement! You won't believe who/what comes out of the woodwork.
by Gnirk
Tue May 15, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Small gift from Grandma to infant - where to put it?
Replies: 21
Views: 2011

Re: Small gift from Grandma to infant - where to put it?

I hope the OP follows his stepmother's instructions and opens the account in the child's name and buys $1,000 worth of the Disney stock. If I were the grandparent, and giving this gift, and my desires for the gift were'n't followed, I'd be extremely unhappy. Once the account is opened, you can alway...
by Gnirk
Mon May 14, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Small gift from Grandma to infant - where to put it?
Replies: 21
Views: 2011

Re: Small gift from Grandma to infant - where to put it?

My husband gifted 10 shares of Disney stock to our granddaughter when she was 5, and absolutely loved everything Disney. Of course, it didn't cost $1,000! She graduates from University next weekend, and still cherishes her Disney stock certificate. It is the one with all the Disney characters on it....
by Gnirk
Wed May 09, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: [Golf ball] cracked my house window. Do I have any recourse?
Replies: 68
Views: 7204

Re: Gold ball cracked my house window. Do I have any recourse?

We live on two golf courses; one is our main home and the other a snowbird home. Neither HOA covers damage by golf balls. However, the HOA for our snowbird home offers a $5 per year insurance policy that covers breakage of windows by golf balls. In our main home neighborhood, the saying is "you boug...
by Gnirk
Mon Apr 30, 2018 12:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 11178

Re: Larry Swedroe: Financial Perils Of Old Age

My mother died from Alzheimer’s Disease at the age of 90, after suffering from it for 12 years. She lived a healthy, active life, volunteered during retirement, was slender, ate lots of fresh fruits and vegetables from her organic garden. She had no physical ailments, other than Alzheimer’s. In othe...
by Gnirk
Sun Apr 29, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Favors for Family/Friends and Getting Compensated or Not?
Replies: 39
Views: 3306

Re: Favors for Family/Friends and Getting Compensated or Not?

Ride to the airport, occasionally: sure. Painting interior of their house: NO Babysitting EVERY day: NO WAY unless there is a medical reason the parents can't care for the children. If asking you to babysit is in lieu of them paying for daycare: NO. HELPING with projects or repairs, maybe....but the...
by Gnirk
Sat Apr 28, 2018 12:10 am
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 2821

Re: Do you sell or donate unused items?

I donate because I'm too lazy to sell. And I know the thrift shop which supports Children's Hospital in Seattle can easily sell the items (always in excellent or new condition). In some cases I give things to friends or friends of friends who want the items. My oldest daughter does the same: gives t...
by Gnirk
Wed Apr 25, 2018 12:36 am
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3527

Re: How to be a good executor to family

I was executor of my mom’s estate, and it can be very time- consuming. My brother and I were the only beneficiaries. I maintained several spreadsheets, as well as a journal/ timeline of all activity, from meeting with the attorney, picking up the death certificates, speaking with her financial insti...
by Gnirk
Thu Apr 19, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 8596

Re: “The Smell of Retiree Mon$y...”

For the past 12 years, I have donated to the same five charities, and with my donation I include the following note: "I am happy to donate every December, and respectfully request that you do not send me donation requests during the year, because you would be wasting part of my donation. Thank you."...
by Gnirk
Wed Apr 18, 2018 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Account for Adult Children Allowing Parent Some Control
Replies: 31
Views: 3605

Re: Account for Adult Children Allowing Parent Some Control

For 8 years, my late mom gifted the max for a Roth IRA each year to her four grandchildren, with instructions that it was to be deposited into their Roth Ira accounts. And semi-jokingly added that if they touched it before they retired she would come back and haunt them! :D
by Gnirk
Mon Apr 16, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my mom's investments, please.
Replies: 47
Views: 4246

Re: Help with my mom's investments, please.

That “advisor” is acting only in his own best interests, and is nothing but a very slick salesman who isn’t putting her into appropriate investments for her, in my opinion. Tell your mom to run away from him as fast as she can. Wellington and Wellesley are very good funds, but do throw off dividends...
by Gnirk
Sun Apr 08, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 12565

Re: What is your AA, given your age? and, Why?

I''m in my low 70's, retired for 10 years. My AA is 37% equities, 58% bonds (all muni's in taxable), and 5% cash. 90% is in a taxable account. This is my comfort level.
by Gnirk
Sun Apr 01, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 340350

Re: What are you up YTD? [Year To Date]

I’m down a wee bit, with a 37% equity position.
by Gnirk
Wed Mar 28, 2018 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9876

Re: How Do You Value Your Home for Net Worth Purposes?

If I were to calculate the value of our house to be part of our net worth, I would look at Zilllow, Redfin, and the county assessment which is supposed to be market value, pick a reasonable number, and deduct 10% for selling, closing, and excise tax costs. However, since we need no loans, we have no...
by Gnirk
Mon Mar 26, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: How does your retirement spending compare to pre-retirement spending?
Replies: 48
Views: 6661

Re: Retirees: How does your retirement spending compare to pre-retirement spending?

I spend more in medical due to insurance not being paid by my employer. My Medicare B and D are higher, plus I pay for a Medicare advantage policy which charges various co-pays. I spend less in transportation, clothing, and am far more careful with discretionary spending.
by Gnirk
Mon Mar 19, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Second Marriage & Beneficiaries Conundrum
Replies: 50
Views: 4477

Re: Second Marriage & Beneficiaries Conundrum

Second marriage, each of us have adult children from our previous marriages. We have joint checking accounts and each have a fairly small IRA, and we own two homes jointly with right of survivorship- main home and snowbird home. All of our investments have been held separately. Of the total taxable...
by Gnirk
Sun Mar 18, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Second Marriage & Beneficiaries Conundrum
Replies: 50
Views: 4477

Re: Second Marriage & Beneficiaries Conundrum

Second marriage, each of us have adult children from our previous marriages. We have joint checking accounts and each have a fairly small IRA, and we own two homes jointly with right of survivorship- main home and snowbird home. All of our investments have been held separately. Of the total taxable ...
by Gnirk
Thu Mar 15, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Buy vs. seasonally rent vacation property
Replies: 26
Views: 2644

Re: Buy vs. seasonally rent vacation property

We bought our snowbird home ( small house, not condo) in California nearly 20 years ago, using it part-time a week per month during the winter for about 7 years until we retired. We have never rented it out, by choice, though minimal rental time according to our covenants is 6 months. If I had to do...
by Gnirk
Tue Mar 13, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Redfin implicit hidden costs.
Replies: 23
Views: 3410

Re: Redfin implicit hidden costs.

In our state, the seller, not the buyer, pays all commissions. The standard commission is 6% of the selling price, split 4 ways: selling broker, selling agent, buying broker, buying agent. Those commissions can sometimes be negotiated, paricularly when the selling agent and buying agent are the same...
by Gnirk
Mon Mar 12, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: Excellent experience with Vanguard customer service
Replies: 6
Views: 1374

Re: Excellent experience with Vanguard customer service

+1 This has always been my experience for the most part.
by Gnirk
Mon Mar 12, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 9019

Re: traveling to mexico, should I be concerned?

Personally, I will not travel to Mexico. Period. There are too many other interesting places to go without a major risk of being kidnapped, drugged, or killed. Besides, I can’t run very fast any more.
by Gnirk
Fri Mar 09, 2018 11:43 pm
Forum: Personal Consumer Issues
Topic: Flight to Paris etc
Replies: 33
Views: 3469

Re: Flight to Paris etc

French people in Paris have a reputation for rudeness, but I think it is because most Americans don't know the basic rules of courtesy that are very important in France. Even if you can't speak French, you should learn "Bonjour", "merci", "bonne journée", and "au revoir". When you approach someone,...
by Gnirk
Fri Mar 09, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: What do you pay for your phone/cable/internet? REAL total with tax?
Replies: 48
Views: 2970

Re: What do you pay for your phone/cable/internet? REAL total with tax?

I pay $144.99, including all taxes, for Comcast (Xfinity) cable and internet. I can't bundle with their phone service because when we did, it was out 3-5 days per month. Plus it's not a true land line. Cable doesn't include movie channels or special sports channels. Just expanded basic, with ROOT tv...
by Gnirk
Thu Mar 08, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: Flight to Paris etc
Replies: 33
Views: 3469

Re: Flight to Paris etc

I’ve traveled using both Air France and Delta and found both to be just fine. Visited Paris 18 months ago with three friends and we rented a 2 bedroom, 2 bath apartment through VRBO. Loved the experience, much better than a hotel in my opinion, and less expensive for us. We both walked and used the ...
by Gnirk
Tue Mar 06, 2018 1:15 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care: Excellent Morningstar article [75 Must-Know Statistics About Long-Term Care]
Replies: 23
Views: 2781

Re: Long Term Care: Excellent Morningstar article [75 Must-Know Statistics About Long-Term Care]

Those are sobering stats. My mom suffered from Alzheimer’s for 12 years, and 8 of those years were in a private care home costing around $5,000 per month. Her LTC policy covered 4 years of that; the rest was out of pocket. Medical care costs were on top of that.
by Gnirk
Thu Mar 01, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Walking shoes for plantar faciatis?
Replies: 61
Views: 4984

Re: Walking shoes for plantar faciatis?

I wear New Balance shoes with an off the rack insert that has good arch support and a heel cup. I bought them at a shop in California called Lucky Feet. And I wear Oefos flip flops indoors. I found them more comfortable on my feet than Vionic flip flops.
by Gnirk
Sun Feb 25, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 83
Views: 5719

Re: Favorite socks?

I love Darn Tough socks! Worth every penny to me. Another endorsement for Darn Tough socks. I like wool socks for comfort but do not get much wear out of most brands. On my feet, Darn Tough wears longer than SmartWool. Plus, Darn Tough socks have a lifetime warranty for wear that I have taken advan...
by Gnirk
Fri Feb 23, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 83
Views: 5719

Re: Favorite socks?

I love Darn Tough socks! Worth every penny to me.
by Gnirk
Fri Feb 23, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads: What are you doing to prepare for dementia/alzheimers?
Replies: 60
Views: 5937

Re: Bogleheads: What are you doing to prepare for dementia/alzheimers?

As others have already advised: Durable Power of Attorney for financial, with an alternate named as well. The same for Medical Power of Attorney. An advanced care directive, stating your wishes about your care decisions. In addition, if this is truly a concern, I would write down how you want to be ...
by Gnirk
Thu Feb 22, 2018 11:55 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38959

Re: What UN-frugal thing do you do?

Buy the best live theater seats available. And buy a new MacBook Pro every 5 years.And a cleaning lady every two weeks, though that’s mostly because of my back issues.
by Gnirk
Sun Feb 18, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1966

Re: Does the absence of need for a legacy affect your AA or SWR?

Yes, I hope to leave a modest inheritance of mid to high 6 figures for each of my daughters. They work hard, max out their 401Ks, contribute to a Roth when they can. That being said, they are single and self-supporting, and though they don’t expect an inheritance, I would like to leave them one. How...