Search found 610 matches

by Nearing_Destination
Mon Jul 17, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 53
Views: 4143

Re: Is it still worth buying a house in a state with insane property taxes

Thesaints wrote:10k in Cali are on the cheap side, unless one purchased decades ago.
I guess it is a little like BMW vs. Honda. One can save a lot by buying a Honda, but then that's what he gets to drive.


If you can't afford the gas, it doesn't matter what you have in the garage, as you aren't driving it.
by Nearing_Destination
Thu Jul 13, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 26
Views: 2056

Re: Possible Relocation to Portland, OR

I would rent for a few months to get a feel for the city before committing to a home purchase. oregon is beautiful! good luck! Timon ... stop saying that; remember, we're supposed to say "Oregon is terrible, don't move here " (As I'm in central Oregon, and housing, etc is just as difficul...
by Nearing_Destination
Mon Jul 03, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: Best tool/technique for grill cleaning?
Replies: 24
Views: 2019

Re: Best tool/technique for grill cleaning?

I use a pellet grill-- jack that baby up, then clean it; haven't seen any evidence of wire fragments. Anything still on the cast iron grate is likely rendered innocuous.

I also, after cleaning, rub some olive oil on the grill-- that should have removed any remaining particulates.
by Nearing_Destination
Fri Jun 30, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Stress Testing Plans: How much stress?
Replies: 34
Views: 2391

Re: Stress Testing Plans: How much stress?

Before I retired, I examined a variety of potential scenarios-- including negative real returns over a multi-year period (e.g., 2% returns but inflation at 4%,etc) to determine how realistic our plan was. We also only used a 3.5% SWR, more pessimistic due to both lower returns in bonds and expected ...
by Nearing_Destination
Thu Jun 29, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Where to View Total Eclipse? - Kansas City
Replies: 47
Views: 2629

Re: Where to View Total Eclipse? - Kansas City

We originally had reservations near Madras, Oregon, but getting there was going to take too long and then... we read about the expected mobs and mobs and multi-hour traffic delays. The reason for that spot was the best likelihood for clear skies. I'm about 40 miles south of Madras, outside the zone...
by Nearing_Destination
Thu Jun 29, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Lending people "things"
Replies: 28
Views: 1536

Re: Lending people "things"

Just take the blade off the riding lawnmower __ set it aside somewhere where you know it is. When he comes to borrow, say that you had the blade off to be sharpened; you know he's not going to pay to get a new blade, nor try to pay to get the blade from wherever it would normally be sharpened at, mu...
by Nearing_Destination
Thu Jun 29, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: Where to View Total Eclipse? - Kansas City
Replies: 47
Views: 2629

Re: Where to View Total Eclipse? - Kansas City

I would think that St Joe would have more accommodations, but availability might be a question. Some small towns between St Joe and Columbia,in the path, might also be an option. There just aren't many in the northwest section of Kansas, in fact not many along the whole section of 36 to the CO borde...
by Nearing_Destination
Thu Jun 29, 2017 2:36 am
Forum: Personal Finance (Not Investing)
Topic: Incorporating uncertain pension amount into net worth calculation
Replies: 35
Views: 2064

Re: Incorporating uncertain pension amount into net worth calculation

(Seem to be arguing at cross purposes ) ....again, to what purpose is the OP wanting to figure TNW? All too often, they want to calc NPV of pension and add to their taxable and 401k's to then try to calculate with some SWAG SWR the expected draw.... all the while, the pension is part of their income...
by Nearing_Destination
Thu Jun 29, 2017 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Incorporating uncertain pension amount into net worth calculation
Replies: 35
Views: 2064

Re: Incorporating uncertain pension amount into net worth calculation

It depends-- if they are on their deathbed , the cash is transferable to their heirs (not the pension). Normally, of course, $100k pension per year beats the mil in cash for longevity. {I never saw anywhere a mention of $100k pension though}. Still, relevance of NPV of pension to NW calc and for wha...
by Nearing_Destination
Thu Jun 29, 2017 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Incorporating uncertain pension amount into net worth calculation
Replies: 35
Views: 2064

Re: Incorporating uncertain pension amount into net worth calculation

Re: admiral -- I am fully vested, but due to rules the absolute earliest I could retire is age 48, and that really isn't tenable due to the formula weighting. That's why I wasn't sure how to calculate the pension in NW since quitting "tomorrow" leads to a very different scenario. It sound...
by Nearing_Destination
Thu Jun 29, 2017 12:00 am
Forum: Personal Finance (Not Investing)
Topic: SS Payout - Individual and Spouse Benefit
Replies: 8
Views: 1191

Re: SS Payout - Individual and Spouse Benefit

Neil

Since in prior posts the OP said he was an MD with an 18 yo and planning on retirement at 54, I didn't think I needed to add that (but others cursorily reviewing might get the wrong idea)-- so noted for others.
by Nearing_Destination
Wed Jun 28, 2017 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Ack! I just quit my job at 63.
Replies: 11
Views: 3740

Re: Ack! I just quit my job at 63.

Timaaay63 If you need $50k from your nest egg-- then not good news, since the expected SWR is in the neighborhood of 3.5 - 4%, so more like $35-40k max. Do you need the full $40-50k after you start getting your (next pension ?) SS as well?? Obviously, you've mentioned that you can't have a 50% drop ...
by Nearing_Destination
Sun Jun 25, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: SS Payout - Individual and Spouse Benefit
Replies: 8
Views: 1191

Re: SS Payout - Individual and Spouse Benefit

Not anymore Rai See the multitude of threads that discussed this in the prior years. "Deemed filing " means that once you file for one benefit, say spousal, you are deemed to have filed for any benefit you are qualified to receive (even if you wanted to wait for the benefit to receive larg...
by Nearing_Destination
Thu Jun 22, 2017 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Need your help to pick life insurance carrier :)
Replies: 22
Views: 1435

Re: Need your help to pick life insurance carrier :)

To Malinois000: In my quotes, the premium from State Farm is not impressive as others. Agree , SF wasn't even in the ballpark when I searched for LI ( ages ago) Your agent should be able to get an idea of the cost for a policy from a number of insurers, depending on the specific conditions you have...
by Nearing_Destination
Thu Jun 22, 2017 11:49 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 17
Views: 1480

Re: Is the new Chevy Equinox any good?

KT When we examined the Forrester, we found that the seats were very uncomfortable, especially the passenger side (which also wasn't as adjustable as other makers versions) and went with the Rogue also. So far no problems - but as we are in retirement we don't put the miles on like before. They want...
by Nearing_Destination
Wed Jun 21, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: fed employees & all the eggs in the TSP basket
Replies: 22
Views: 2261

Re: fed employees & all the eggs in the TSP basket

MichDad You said you wanted to move all but $200 from TSP -- note that you need to leave more than that (I think it needs to be at least $3k) or else they will close your account and send you a check for your balance. Review minimum balances on the TSP site. I agree that with ER's as low as they are...
by Nearing_Destination
Wed Jun 21, 2017 11:45 am
Forum: Personal Consumer Issues
Topic: Oregon personal Trip
Replies: 25
Views: 1950

Re: Oregon personal Trip

Gerry

Remember "it's the Willamette damn it".

... and those of us living in the dry part of Oregon don't always use the terminology that the "city folk" use :? (moved out here for retirement... and no, not from Cali)
by Nearing_Destination
Wed Jun 21, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: fed employees & all the eggs in the TSP basket
Replies: 22
Views: 2261

Re: fed employees & all the eggs in the TSP basket

Do you have a Roth balance in the TSP? Currently, RMDs from the TSP include Roth money. It may be worth doing a "partial withdrawal" of everything but the minimum to keep the TSP account open. Roll balances into a Roth and a Traditional IRA, then roll Traditional IRA back to the TSP. The ...
by Nearing_Destination
Wed Jun 21, 2017 12:40 am
Forum: Personal Consumer Issues
Topic: Oregon personal Trip
Replies: 25
Views: 1950

Re: Oregon personal Trip

Trying to do it all with a limited timeframe isn't likely to work well. One possibility is using, say Newberg, as a base of operations in a two (or three) day exploration of the wine country-- with the first day hitting those closest to PDX then stay overnight in Newberg and seeing the rest toward M...
by Nearing_Destination
Wed Jun 21, 2017 12:18 am
Forum: Investing - Help with Personal Investments
Topic: fed employees & all the eggs in the TSP basket
Replies: 22
Views: 2261

Re: fed employees & all the eggs in the TSP basket

If you have enough TSP and other accounts (to reach what I think they call premier status), Schwab will let you purchase Vanguard funds without the heavy fees ($75) if you have your representative flag your account for that fund group (I think you get up to two such groups without that level of fees...
by Nearing_Destination
Tue Jun 20, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking towards a million and retiring at 55.
Replies: 38
Views: 5580

Re: Tracking towards a million and retiring at 55.

Remember that the COLA-lite that FERS gets now after retirement doesn't start until 62 ...also keep up on recent events as to whether they remain (...enough said, otherwise gets into politics). Agree with other poster that your current savings rate is fairly low that close to pulling the plug. (Assu...
by Nearing_Destination
Sun Jun 18, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Scratched Bumper with Police on the Scene
Replies: 26
Views: 2486

Re: Scratched Bumper with Police on the Scene

Definitely go through their insurance-- although you probably need to give a heads up to your own, noting that it is going through theirs. It might help that they left the scene and the officers report showed you were not at fault : make sure that you get a copy!! (It may even be needed by your insu...
by Nearing_Destination
Sun Jun 18, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: Poaching chicken
Replies: 51
Views: 4197

Re: Poaching chicken

When I first read the title, I thought of another meaning of "poach", as in verb (used with object) 6.to trespass on (private property), especially in order to hunt or fish. 7.to steal (game or fish) from another's property. 8.to take without permission and use as one's own: to poach idea...
by Nearing_Destination
Sun Jun 18, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: Safemax with varying AA
Replies: 41
Views: 2216

Re: Safemax with varying AA

{...snip...} For a given portfolio, you calculate the annual returns for that year. For a portfolio that is 50/50 that just means you take the average of equity & bond returns for that year. Once you have a sequence of portfolio returns, there's a formula for calculating the maximum you can wit...
by Nearing_Destination
Sun Jun 18, 2017 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Federal employees considering early out - buyout?
Replies: 38
Views: 3394

Re: Federal employees considering early out - buyout?

One consideration: When giving buyout authority, many agencies also WAIVE the five year rule for health insurance-- but you must be on the health insurance at the time to carry into retirement. (Years before I retired, there was a buyout but they didn't tell me about the waiver (I had transferred ba...
by Nearing_Destination
Fri Jun 16, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: AA with a pension
Replies: 15
Views: 1665

Re: AA with a "pension" (... cash value retirement account)

I suspect that those posting have a "cash value retirement account " and NOT a true "pension" A cash value account can be either converted to an annuity or be taken out as direct payments until the account is depleted (which is distinct from a true pension which doesn't have a te...
by Nearing_Destination
Thu Jun 15, 2017 3:18 am
Forum: Personal Consumer Issues
Topic: Best Cheap Champagne
Replies: 60
Views: 3963

Re: Best Cheap Champagne

While not "champagne ", we did like Cheneau
"Lady of Spain" Brut Cava -- very tasty and not all that expensive (~$15).

For the California sparkling-- you might try S. Anderson Brut, although it's not nearly as inexpensive
by Nearing_Destination
Sat Jun 10, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: Naming boat
Replies: 62
Views: 2368

Re: Naming boat

If I get a boat, I'll name it "Liquid Assets"
by Nearing_Destination
Fri Jun 09, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 7071

Re: Is Inflation Dying of Old Age?

HomerJ wrote:All I know is...

The absolute easiest way for any government to handle national debt is to inflate it away.

Just saying.


You mean like the Weimar Republic? ...and the like
by Nearing_Destination
Fri Jun 09, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 7071

Re: Is Inflation Dying of Old Age?

I'm sorry, but an R^2 of 0.51 and "fairly strong" correlation is not consistent-- rather it is a fairly weak correlation.


(If I had posited that in any of my papers when I was w@rking, the reviewers would have rejected them )
by Nearing_Destination
Fri Jun 09, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 7071

Re: Is Inflation Dying of Old Age?

Looking at the OP's figure 7, there is no correlation and certainly nothing that attempts to drive the OP 's hypothesis, not even a correlation like "compared to the cost of butter in Mongolia ". As another poster has noted, the conventional "wisdom " is that as the workforce age...
by Nearing_Destination
Wed May 31, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 27217

Re: Where to Live on $60K or Less a Year?

Midland, Michigan. Weather OK, lovely Fall, summer/winter not too extreme. No mountains though. But no hurricanes, no earthquakes, no tornados. https://finance.yahoo.com/news/midland-michigan-receives-honors-great-153000645.html Nothing against Midland, Michigan, but my experiences in another town ...
by Nearing_Destination
Mon May 29, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones at 64
Replies: 13
Views: 2152

Re: Leaving Edward Jones at 64

To quote the "Arnold": ---"Get out"--
by Nearing_Destination
Mon May 29, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Career Issue -- How do I recover?
Replies: 55
Views: 7058

Re: Career Issue -- How do I recover?

OK, I'll bite... OP You sound like the proverbial millennial-- "how come I'm not CEO (or partner,etc)... I've been here over 8years" To have 6 promotions in 10 1/2 years means two things to me-- first, you would have had to have come in fairly low, say a 5-7-9 ladder where 5 to 7 can happe...
by Nearing_Destination
Fri May 26, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: I'm calling "tails" on all the tosses of this coin...
Replies: 12
Views: 1713

Re: I'm calling "tails" on all the tosses of this coin...

DJ
Already retired :)
Thanks everyone-- just had not heard of two reverse fakes

I've got a few unusual errors-- the Kennedy "dollar " (die break that obliterates the "half"), various mistrikes, etc.

I'm usually a type-coin collector: 2, 3, and 20 cent pieces, for example
by Nearing_Destination
Fri May 26, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: advice on hvac replacement decision
Replies: 21
Views: 2144

Re: advice on hvac replacement decision

Option 2 seems very excessive-- 19 SEER?-- while option 1 might be under the real need, remember that the blower for the furnace, while adequate at 92% efficiency, is still an old unit and becomes the weak link in the system. Agree with above poster to get quote on option 1 with a replacement furnac...
by Nearing_Destination
Fri May 26, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: Air Conditioning unit / fix or replace
Replies: 14
Views: 1208

Re: Air Conditioning unit / fix or replace

For me: I'd replace the entire unit -- then adjust slightly the ask price of your house as it is more desirable, competitively, because one of the major costs have been taken care of by you and thus should cost the new homeowners less over the next few years (which helps justify the slightly higher ...
by Nearing_Destination
Mon May 22, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: I'm calling "tails" on all the tosses of this coin...
Replies: 12
Views: 1713

Re: I'm calling "tails" on all the tosses of this coin...

Keystone

I've heard of more modern fakes-- but "wheaties "?

Any idea where they might have been faked by?
by Nearing_Destination
Mon May 22, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: I'm calling "tails" on all the tosses of this coin...
Replies: 12
Views: 1713

Re: I'm calling "tails" on all the tosses of this coin...

It's very real--
I've looked at it under magnification and bright light
It's a Fine plus (not quite VF grade) with the stamping not quite 180 out from each other

Quite unique as far as I can tell
by Nearing_Destination
Mon May 22, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: I'm calling "tails" on all the tosses of this coin...
Replies: 12
Views: 1713

I'm calling "tails" on all the tosses of this coin...

Calling all coin collectors-- While I've been a numismatic collector for years and have encountered other "error " coins, I've never seen one of these: I found a genuine Lincoln wheat cent with both being a reverse -- no heads at all and it's clearly an original strike Obviously I can't te...
by Nearing_Destination
Fri May 19, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 12203

Re: Single most important investing advice?

Grt2bOutdoors wrote:To invest, one first must save.



Yep
You can't invest what you don't save.

As others have said: start early , even small amounts add up and perhaps the discipline will be established to more fully save/invest; and along the way learn about personal finance and retirement investment
by Nearing_Destination
Fri May 19, 2017 6:55 pm
Forum: Personal Consumer Issues
Topic: Where to get oil change?
Replies: 35
Views: 2584

Re: Where to get oil change?

I get my oil changed once a year when I get the state inspection done. Hmmm... that means I'd never have an oil change :? For the OP and others, remember that Houston gets a lot of rain, often flooding I-10 and the loop in low spots (as well as the side streets bracketing the highway) so the issue ...
by Nearing_Destination
Fri May 12, 2017 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum Gain,swinging for the fences
Replies: 65
Views: 4942

Re: Maximum Gain,swinging for the fences

Well, being the TimeLord, clearly it's:

Time Adjusted Rationally Distributed International Securities
by Nearing_Destination
Sat May 06, 2017 11:49 pm
Forum: Personal Consumer Issues
Topic: First 100 mile bike ride
Replies: 51
Views: 3473

Re: First 100 mile bike ride

- If you can ride 40-50 miles, you're ready. I think that is the longest I rode before going 100+. - Make sure you have some bites to eat while you're riding. Use goos and bars if you like them. Stay hydrated. - I used SaltStick tabs--who knows if helped. - Assuming you're doing this with others---...
by Nearing_Destination
Sat May 06, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: First 100 mile bike ride
Replies: 51
Views: 3473

Re: First 100 mile bike ride

In my younger days, I did ride centuries-- but not with speed, so mine were the 8 hour variety. My training rides were generally 5 1/2 to 5 3/4 hr-- you need to build up your endurance: at about 75 miles in you will hit the wall , just as with marathons, due to lactic acid buildup. Plenty of fluids ...
by Nearing_Destination
Wed Apr 26, 2017 11:39 pm
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 32
Views: 5164

Re: Schwab Vs. Vanguard?

The difference in mutual funds expenses is not big enough to be a driver for this decision unless you're talking about smaller investment amounts that don't qualify for the admiral share pricing. Schwab has far superior customer service, integrated bank accounts, and branch offices. Vanguard has a ...
by Nearing_Destination
Wed Apr 26, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Colorado trip - w visit to Red Rocks
Replies: 19
Views: 1320

Re: Colorado trip - w visit to Red Rocks

I was going to be snarky and say if you didn't want to have a couple of hours driving that you could bicycle from your hotel to Red Rocks (in my prior days, when I lived there, I bicycled from the other side of town to Red Rocks, but unless you are acclimated to the altitude and a good rider you mig...
by Nearing_Destination
Wed Apr 26, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can a reluctant executor simply reassign the role?
Replies: 31
Views: 2573

Re: Can a reluctant executor simply reassign the role?

In our trust, there is language defining what one needs to do to opt out of the position and also a clear successor trustee. Also, didn't the trust have to file a trust tax return in the last two years, as well. I haven't looked, but I suspect that there would be substantial penalties for failure to...
by Nearing_Destination
Tue Apr 25, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: co-worker had a baby, chipping in on gift- how much?
Replies: 57
Views: 3643

Re: co-worker had a baby chipping in on gift- how much?

Like others, for those that I knew/interacted with regularly, I might give some amount ($10-$20) but otherwise nothing. Same even for retirement-- BTW, when I retired, I didn't even ask for/declined a party and certainly didn't request gifts, so at least I was consistent in my policy. Some offices d...

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