Search found 74 matches

by Nords
Fri Jul 29, 2016 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 5443

Re: Premium increase for federal employee long term care insurance

Many of these policies offered a daily benefit of $210, after a 90 day waiting period. Since even then the average stay in a nursing home was 9 months, according to a cross section of the studies, it seemed that the exposure was worse with the policy. If I had a waiting period of 90 days and stayed...
by Nords
Sun Jul 24, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 5443

Re: Premium increase for federal employee long term care insurance

I've finally had a chance to sit down and analyze my letter. I've had the insurance since it was first available, about 13 years ago. I originally opted for the $150/day coverage for both me and my wife. 90 day waiting period; 3 year benefit period for me; 5 years for her. The plan originally had a...
by Nords
Sun Jul 24, 2016 5:18 am
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 5443

Re: Premium increase for federal employee long term care insurance

Several people asked in earlier posts if anyone has had any experience with either the Federal LTC program or with John Hancock. The link below is to a post by Doug Nordman ("Nords") who runs a military retirement web site, posts on the Early Retirement/Financial Independence boards and w...
by Nords
Sat Jul 02, 2016 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: New Military Blended Retirement System starting in 2018
Replies: 23
Views: 2784

Re: New Military Blended Retirement System starting in 2018

The military is pushing out new blended retirement system to cut pension costs starting in Jan 2018. See this for more info: http://www.militaryonesource.mil/footer?content_id=290760. Those who joined between 2006 and 2017 may choose to opt in. A choice to opt in is irreversible. Has anyone seen an...
by Nords
Wed Jun 01, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Navy Reserve?
Replies: 7
Views: 935

Re: Navy Reserve?

Hello All, I am just curious if any BHers are part of the Navy Reserve. I am looking into joining and would like to learn more about it. Although the Navy's website has some information I would like to hear some actual feedback. Thanks, BV Thanks Friar, Ryan, and everyone else who e-mailed me! I'm ...
by Nords
Sun Mar 13, 2016 1:14 am
Forum: Personal Finance (Not Investing)
Topic: New Military Retirement System
Replies: 84
Views: 9514

Re: New Military Retirement System

Yes. I registered just for this thread. I would hate for new service members to be given wrong information. If you are under the new blended retirement plan you DO NOT get both the matching tsp AND the 40% pension if you stay in for 20 years. Under the new plan you get ONLY the matchig tsp contribu...
by Nords
Mon Dec 21, 2015 10:59 am
Forum: Personal Finance (Not Investing)
Topic: New Military Retirement System
Replies: 84
Views: 9514

Re: New Military Retirement System

Nords, thank you. The wiki has been updated: Military finances ("A military pension is better than most pensions.") FYI - Nords' blog and military guide info are mentioned at the bottom of the wiki article. I found the poster. The Coast Guard has a concise summary, along with hosting the ...
by Nords
Sun Dec 20, 2015 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: New Military Retirement System
Replies: 84
Views: 9514

Re: New Military Retirement System

I mostly lurk here, but I have some of the answers. Keep in mind that the laws have been passed but DoD still has to implement the governing instructions and (worst of all) the TSP still has to update their software. There'll be inevitable changes over the next two years, and some of the legislation...
by Nords
Mon Aug 19, 2013 10:40 am
Forum: Local Chapters and Bogleheads Community
Topic: I sold The-Military-Guide.com, and I'm still writing for it.
Replies: 0
Views: 654

I sold The-Military-Guide.com, and I'm still writing for it.

A short note for you military Bogleheads: I sold the blog. More precisely, I sold the blog's revenue stream to a buyer who's taking over the blog's management while I continue to write. We agreed that I'd stick around for a three-year earnout, and I'm going to keep marketing the book and pocket guid...
by Nords
Sat Aug 03, 2013 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance impact of genetic testing
Replies: 2
Views: 338

Insurance impact of genetic testing

I don't post very often here, but the Bogleheads forum has a reputation for representing a more... shall we say... "experienced" demographic. I resemble that characterization, and I think this is where I'm most likely to get good answers to questions about genetic testing and long-term car...
by Nords
Tue Jul 16, 2013 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help create a Financial Presentation: Calling all Bogleheads
Replies: 109
Views: 13113

Re: Help create a Financial Presentation: Calling all Bogleh

This is a great idea, and I'd be more than happy to hop onto a team to contribute whatever I can. I deal with young sailors/Marines/airmen/soldiers a lot, as well as more seasoned officers, so a nice shell presentation that can be calibrated to an audience sounds like a fantastic idea. In fact, the...
by Nords
Sun Jun 16, 2013 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help create a Financial Presentation: Calling all Bogleheads
Replies: 109
Views: 13113

Re: Help create a Financial Presentation: Calling all Bogleh

Here's a classic cautionary post by J.D. Roth of GetRichSlowly.org on why financial literacy fails: http://www.getrichslowly.org/blog/2011/12/07/why-financial-literacy-fails-and-what-to-do-about-it/ Instead of teaching Americans about credit cards and rates of return, we need to be teaching them abo...
by Nords
Sat Jun 15, 2013 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Help create a Financial Presentation: Calling all Bogleheads
Replies: 109
Views: 13113

Re: Help create a Financial Presentation: Calling all Bogleh

Ive been thinking about proposing the same thing for a long time - trying to educate young Marines. I would be happy to help. When I started The-Military-Guide.com (to market the book) I excerpted the first six months of blog posts from the book. It's not all of the book (no personal stories or cha...
by Nords
Thu Mar 22, 2012 1:15 am
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

Re: Military Investing

The post 9/11 GI Bill is a huge benefit: One doesn't have to pay into it like the Montgomery GI Bill; it pays substantially more than the Montgomery GI Bill in most cases; it can be passed down to dependents; and you have a longer timeframe to use it after leaving active duty. Veterans of a certain...
by Nords
Tue Jan 24, 2012 2:41 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

Re: Military Investing

For your physical address you claim the same address that you had when you claimed the residency. It doesn't matter that you don't live there anymore. When I joined, I was renting an apartment in GA. GA was my state of residence for the entire time and I used that address for the enire time as well...
by Nords
Sun Jan 15, 2012 11:51 am
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

Re: Military Investing

I was aware of the military pension exclusions/reduction in some states. I just can't believe that every state agreed to give up out-of-state income tax. Certainly they don't for anybody except the military. It must be the first time every state agreed about anything. As a practical matter, of cour...
by Nords
Sat Jan 14, 2012 10:02 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

Re: Military Investing

You don't need anyone's permission, quote whatever you want. Just a courtesy heads-up. Here's your list reformatted as links: (Three parts? I could only find the first.) Asset allocation considerations for a military pension (part 2 of 3) Asset allocation considerations for a military pension (part...
by Nords
Sat Jan 14, 2012 8:48 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

Re: Military Investing

I don't get over here often ( "Hey, look, new forum software!" ) but thanks for putting the book in the wiki. The first semi-annual royalty checks are going to Wounded Warrior Program and Fisher House, roughly $568 to each. That's based on sales of 605 copies of "The Military Guide&qu...
by Nords
Sun Jun 05, 2011 2:01 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

Update to Ron's post: "The Military Guide To Financial Independence and Retirement" is now available for order from Impact Publications and (hint, hint) through the Bogleheads link to Amazon.com at the top of this page. There's also a (much cheaper) 4"x5" 64-page "pocket gui...
by Nords
Thu Jan 20, 2011 11:18 pm
Forum: Personal Consumer Issues
Topic: Berkshire Hathaway Annual Meeting
Replies: 18
Views: 3505

We've been Berkshire shareholders for over a decade, but we'll never go to that circus. I think it outgrew its venue at least five years ago. I don't know if you've read Jeff Matthews' "Pilgrimage to Warren Buffett's Omaha" , but he includes detailed descriptions of his attendance at the 2...
by Nords
Thu Jan 13, 2011 9:47 am
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 123
Views: 45613

I have already registered to vote in TX. I will not purchase any property there (or anywhere). I have not registered vehicles there because military service members are not required to re-register their vehicles every time they move. So basically I've only registered to vote in TX. Does anyone know...
by Nords
Tue Nov 03, 2009 3:08 pm
Forum: Investing - Theory, News & General
Topic: Buffett puts $26 billion to work
Replies: 16
Views: 2728

A potentially even more significant announcement is the 50:1 split for BRK B Shares (which will have to be voted on, presumably at the next annual meeting). A Shares won't be affected. That got my attention. None of the reporting has said whether "C" shares will be offered to the general ...
by Nords
Sat Oct 31, 2009 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of Mortgage on Homeowner's Insurance Rates
Replies: 12
Views: 1683

Re: Impact of Mortgage on Homeowner's Insurance Rates

Does paying off a mortgage have any positive (or negative) impact on homeowner's insurance rates? A mortgage company will be pretty insistent about insuring the home for its assessed value. If you don't have a mortgage then you could insure the home for whatever value you want and shoulder some of ...
by Nords
Sun Oct 25, 2009 2:38 pm
Forum: Personal Consumer Issues
Topic: Any military folks on here making a career or retired
Replies: 46
Views: 6020

MWCA wrote:I wonder to myself what will be the long term effects on him.

Seven years after retiring I still have the nightmares-- some stretching all the way back to the 1980s-- but you learn to live with it.
by Nords
Sun Oct 25, 2009 1:28 am
Forum: Investing - Theory, News & General
Topic: Annuity owners live longer
Replies: 41
Views: 5528

Re: Annuity owners live longer

I heard (where I can not remember) that Annuity owners (presumably single payer types) live longer. Would the living care to explain why? Cody Maybe it's because they have a long-term view and can actually do math. Here's a quote from Greaney's survey of the annuity literature & expenses: If yo...
by Nords
Sun Oct 25, 2009 1:22 am
Forum: Personal Consumer Issues
Topic: Any military folks on here making a career or retired
Replies: 46
Views: 6020

Re: Any military folks on here making a career or retired

Just wondering if anyone else on here is trying to make a career out of the military or retired military that can offer some useful advice. I been enlisted in the airforce for the last eight years, planning on making it another 12 but there are sometimes when I just think about gettin out and going...
by Nords
Sun Oct 11, 2009 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: "Retired by 50" article evolves into series?
Replies: 32
Views: 6562

Re: "Retired by 50" article evolves into series?

Liz brings with her a wealth of experience as a CFP, a former finance writer for the Los Angeles Times, and as a columnist answering peopleā€™s questions about investing and finance. Given the advent of the housing melt down, and the recession, I asked her several months ago if it would not be a good...
by Nords
Mon Oct 05, 2009 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Rid of Cable???
Replies: 179
Views: 26494

We're essentially paying $52.80/month for HGTV* with rare detours into A&E and TLC. If there was some way to get HGTV shows on the Internet or even a Netflix-style subscription then I wouldn't mind spendign a couple hundred bucks a year. I can't wait for a la carte CATV pricing. But the cable co...
by Nords
Mon Oct 05, 2009 2:18 pm
Forum: Personal Consumer Issues
Topic: When did you know it was time to move out?
Replies: 43
Views: 4823

My parents moved a lot when I was a kid, but I was always able to find them. (Henny Youngman? Rodney Dangerfield?) My family literally moved 3000 miles away the week I started college, so when I visited them during breaks it never felt like "home" anyway. Our kid's going down the same path...
by Nords
Sun Oct 04, 2009 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement
Replies: 33
Views: 4600

Re: Early Retirement

pichmn wrote:We have made the decision to work towards early retirement.
Any help, suggestions, books, articles, etc. would be GREAT!

http://www.early-retirement.org
and
the FIRECalc retirement calculator at http://www.fireseeker.com/
by Nords
Sun Oct 04, 2009 3:26 pm
Forum: Forum Issues and Administration
Topic: OT threads may be deleted
Replies: 50
Views: 10219

stratton wrote:This is one area where the admins can't win. Some vocal, major portion of board memhers will/won't like policies like this and will complain. :P

Admins always win!
by Nords
Sun Oct 04, 2009 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Contractor bids
Replies: 12
Views: 1415

Re: Contractor bids

Been planning a large remodeling project for almost a year and contractor bids are now in. There is a sizeable gap between the two contractors I would consider using. One is a guy I have used before and who is reliable and does good work. The other has an equally good reputation and has worked with...
by Nords
Sat Oct 03, 2009 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Timing and Estimated Taxes
Replies: 35
Views: 4693

Re: Roth Conversion Timing and Estimated Taxes

5) Am I missing something? Back away from form 2210 for a bit, as much fun as it is to contemplate, and see if you can base your estimated tax payments on the previous year's tax. 2210 is intended for uneven income throughout the year but it's not the only tool available. With some caveats, estimat...
by Nords
Sat Oct 03, 2009 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Did college cost you full list price?
Replies: 105
Views: 13766

Nords, I am truly sorry you think the way you do. We come from diferent tribes. Chris Thanks, but sympathy of that nature is neither required nor desired. I'm sure there are more than a few in '65 who feel the way I do, and I'm pretty sure that many of my classmates share your sentiments. You proba...
by Nords
Fri Oct 02, 2009 10:54 pm
Forum: Personal Consumer Issues
Topic: Retirement Gift Ideas?
Replies: 11
Views: 1431

Re: Retirement Gift Ideas?

... his surprise retirement party. I'd like to get him something for this special occasion. I sure hope he's figured out by now that he's retiring. Otherwise this "special occasion" will be one heck of a surprise indeed. How 'bout "Work Less, Live More" by Bob Clyatt, and "...
by Nords
Fri Oct 02, 2009 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Did college cost you full list price?
Replies: 105
Views: 13766

I don't know what Naval Academy Nords went to, but the one I graduated from provided four years of education and a small salary to boot. If memory serves, we got five dollars a month plebe year and twenty a month first class year. Parents were asked not to send additional money, although Care Packa...
by Nords
Fri Oct 02, 2009 10:41 pm
Forum: Personal Consumer Issues
Topic: Hotel says I stole something.. any recourse?
Replies: 84
Views: 16285

A couple years ago we used the handy "airport parking lot" dropoff feature of a Thrifty Car Rental franchise in Troy, NY. Everybody get that? Thrifty Car Rental in Troy, NY! The next day we received a voicemail that the windshield had been chipped and would have to be repaired/replaced. I ...
by Nords
Fri Oct 02, 2009 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Did college cost you full list price?
Replies: 105
Views: 13766

Did college cost you full list price?

Oh, I paid for it: USNA '82.
by Nords
Thu Oct 01, 2009 5:08 pm
Forum: Forum Issues and Administration
Topic: Politics and Current Affairs forum?
Replies: 68
Views: 10874

Re: Politics and Current Affairs forum?

I love talking politics and current affairs since so much of what happens in Washington and other places affects our lives. Other things affect our lives too-- religion, sex, pollution, global warming, sewage, and nuclear reactors. But when I try to bring those topics up in any places, let alone Wa...
by Nords
Thu Oct 01, 2009 4:51 pm
Forum: Personal Consumer Issues
Topic: how does one go about buying a water softener?
Replies: 12
Views: 2012

Re: how does one go about buying a water softener?

i live in NJ. i noticed some scaling on some bathroom fixtures and decided to test my water hardness with a kit i got at home depot and it came out pretty hard (almost 70-80% of the hardness meter was covered). my wife is pushing me to get a water softener and notes that a few of our neighbors alre...
by Nords
Wed Sep 30, 2009 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for a College Student
Replies: 19
Views: 2351

Re: Suggestions for a College Student

Not best sellers around these parts. :) Hey, TMF does a better job getting the attention of teenagers than they do with adults. And TMF's "Investment Guide for Teens" certainly does a better job with teenagers than many of those more august & dignified publications on the reading list...
by Nords
Tue Sep 29, 2009 11:06 pm
Forum: Personal Consumer Issues
Topic: Front loading washing machine
Replies: 55
Views: 10298

I guess I'm just puzzled by the HUGE savings purported by front loaders over top loaders, where in almost all cases it seems to me to be a case of you pay a lot more for a higher end model front loader, with accompanying gadgetry features, than a cheapo top loader. We've had a Kenmore front-loader ...
by Nords
Tue Sep 29, 2009 9:45 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Guide to Retirement Planning IS HERE!
Replies: 94
Views: 17221

This company makes "low costs" a prime selling point and is known for its promotion of index funds. What these individuals are not disclosing are the poor returns offered by these funds since the year 2000 - when the technology bubble popped. These types of funds do very well when the ent...
by Nords
Tue Sep 22, 2009 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should parents pay their kids' college tuition?
Replies: 79
Views: 12636

Ron wrote:
Darren870 wrote:She goes from part time to part time job trying to look for a full time steady job.

Yes, but dosen't she have you to possibly share her load in the future? :lol: ..
- Ron

"No reasonable employment offers refused"...
by Nords
Sun Sep 20, 2009 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should parents pay their kids' college tuition?
Replies: 79
Views: 12636

Re: Should parents pay their kids' college tuition?

It's often documented that parents should plan on paying for their children's college costs, almost as if the student is entitled to it. Two questions: 1) Should parents pay their kids' college tuition? Yes, if they'll move out-- and stay out. On a more serious note, though, parents shouldn't delay...
by Nords
Sun Sep 20, 2009 10:34 am
Forum: Personal Consumer Issues
Topic: Unintended Consequences (hybrid cars dangerously quiet)
Replies: 32
Views: 4377

This problem's already been solved for bicyclists, albeit imperfectly. I'm not sure why it's a different problem for hybrid drivers, unless it's the media novelty. Above 15-20 MPH the major component of vehicle noise is the rolling tires. So perhaps the problem is most severe in parking lots or crow...
by Nords
Sun Sep 20, 2009 10:24 am
Forum: Investing - Theory, News & General
Topic: Recommended books for teens?
Replies: 15
Views: 2689

I have teenagers. I'd love to know of a personal finance book that they would actually read on their own if it was given to them. Yeah, no kidding. As the father of a 16-year-old, I can't imagine why a teen would want to read a book on investing or on managing their life finances. "How to bala...
by Nords
Sat Sep 19, 2009 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Does an interest in investing keep you young?
Replies: 12
Views: 1719

Does an interest in investing keep you young? I prefer to think of it more as a 12-step program than taking draughts from the Fountain of Youth... Reading Bogleheads makes me to want to be old . When you are old: - you know whether your financial planning had worked, - you keep minimum money in equ...
by Nords
Sat Sep 19, 2009 3:03 pm
Forum: Personal Consumer Issues
Topic: What's the best vacation you've ever been on?
Replies: 83
Views: 11248

Wherever we go we usually get it at least once a day: "All y'all are from Ha-why-yuh an' yer vacationin' hee -yer?!" Our best vacation ever was the two-plus years of Navy school on the Monterey Peninsula. Close runners-up are: - seven-day Hawaii interisland cruises - neighbor island trips,...
by Nords
Sat Sep 19, 2009 2:53 pm
Forum: Personal Consumer Issues
Topic: Which charities do you like?
Replies: 104
Views: 13991

Charity in paradise: - Hawaii Food Bank - Institute for Human Services (homeless shelter) - AccesSurf (beach/ocean access for handicapped) - United Through Reading (military, prisoners, and grandparents recorded on DVD reading children's books to kids/grandkids) - a 501(c)3 funding the transportatio...

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