Search found 5993 matches

by Ron
Tue Sep 19, 2017 7:13 am
Forum: Personal Consumer Issues
Topic: Convertible in Florida or not...
Replies: 18
Views: 842

Re: Convertible in Florida or not...

<snip...> The roofs need to be replaced pretty often - probably replaced ours about every 5 years. That gets old. Really? I've owned my '02 Mustang GT ragtop for the last 15 years and the top still looks (almost) like new :wink: ... As to the OP's question, you may not be able to have the top down ...
by Ron
Mon Sep 11, 2017 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Anyone use Financial Engines?
Replies: 50
Views: 44229

Re: Anyone use Financial Engines?

One other thing to remember; F.E. expects you to convert your investments into a guaranteed income source - a life annuity, at retirement.

- Ron
by Ron
Mon Sep 04, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Best way to withdraw from traditional IRA
Replies: 8
Views: 1210

Re: Best way to withdraw from traditional IRA

I've been retired for just over a decade, my wife for just over five years. In preparation for our respective retirements, we each had (and still do) 3-4 years of cash in tax deferred MM accounts. Many would substitute with a short term bond fund for some/all of "reserve funds", but we just let it i...
by Ron
Sun Sep 03, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Things to buy/repair before (early) retirement
Replies: 32
Views: 3577

Re: Things to buy/repair before (early) retirement

<snip...>Though really if you have done your retirement budget to include replacement costs it shouldn't matter. Exactly. I've been retired for just over a decade. In that time, I've purchased two vehicles. One was a CPO (off-lease, driven for 3 years/36k) and I drove it until it passed the 10 year...
by Ron
Sat Sep 02, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3067

Re: OSWAN: Optimum Sleep Well At Night retirement plan

<snip...>... My older brother had all his 3 sons graduated and started their careers. He passed his full physical exam with no problem. Then, he fainted in the bathroom. They found an inoperable brain tumor in his head. He died 6 months later. Man plan, God laughs! KlangFool There are only so many ...
by Ron
Fri Sep 01, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Question about pension and risk
Replies: 36
Views: 2100

Re: Question about pension and risk

Would you take more risk when you start SS? I have an SPIA - not a pension, but acts like a non-governmental pension (e.g. no COLA). I didn't change my 60/40 AA a decade ago when I started receiving payments. In February, I'll start getting my monthly SS deposit. Even when that starts, I will not ch...
by Ron
Tue Aug 29, 2017 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 7985

Re: Relative angry I will not co-sign

As my parents used to tell me (quite often), "you've made your bed, now sleep in it"...

Unless you contributed to the situation he's in, there is no reason for you to bail him out.

- Ron
by Ron
Mon Aug 28, 2017 7:50 am
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: T-Mobile promotion for 55+

Thanks . Switched to this plan . Wondering if I still need to pay $42 to timewarner for internet connection with my new 27 inch iMac late 2015 model. I heard about tethering . Should this work with my T-Mobile plan and iMac ? If so and I can save$42 per month, how do I tether? Tia Tethering is poss...
by Ron
Sun Aug 27, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: T-Mobile promotion for 55+

<snip...>We travel overseas a lot and T-Mobile's 2G-3G speed is more than good enough for emails, texting, maps. The plan works well in South America, Asia & Europe for us. Few of our friends works in the airline industry and says most/all of them are on T-Mobile, this way as soon as they get off t...
by Ron
Thu Aug 24, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Living Expenses - what's "reasonable"?
Replies: 101
Views: 8773

Re: Living Expenses - what's "reasonable"?

I consider taxes to be an expense rather than exclude them from income. I think it may be better to exclude income taxes and FICA from expenses. The reason, perversely enough, is that those items correlate to income, not after-tax expenses. Two people each have $50,000 annual after tax expenses. On...
by Ron
Wed Aug 23, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with RMD money you don't need?
Replies: 51
Views: 4108

Re: What do you do with RMD money you don't need?

So it is very crucial to reduce your future RMD by eliminate pre-tax portion before 70 1/2. This is not necessarily correct... True. I could die tomorrow and leave my TIRA to charity with no taxes due. Currently, the tax laws state that the charity needs to be a named beneficiary of your TIRA in or...
by Ron
Wed Aug 23, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: What do you do with RMD money you don't need?
Replies: 51
Views: 4108

Re: What do you do with RMD money you don't need?

My wife/me will both be starting RMD's in 2018, along with our respective age 70-SS. As for the few extra $K we'll have (after taxes) each month, we'll probably just spend it rather than reinvest it; at least that's the plan for now. We've spent decades saving/investing for the future; for us, the f...
by Ron
Tue Aug 22, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14478

Re: How far would you travel to see The Eclipse?

I'll be able to see it from my back yard on May 1, 2079.

Unfortunately, I'll be 131 years old :mrgreen: ...
I guess I'll just skip it.

- Ron
by Ron
Tue Aug 22, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Medicare when not collecting Social Security
Replies: 17
Views: 1373

Re: Paying for Medicare when not collecting Social Security

I've been paying it automatically from my checking account for the last three plus years. While I get a monthly bill in the mail, it's noted that the payment will come out of my checking on the 20th. I don't put it on a card since I don't want to write a check or use a stamp.

- Ron
by Ron
Mon Aug 21, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 70
Views: 5987

Re: Where to buy glasses for eclipse viewing ?

aristotelian wrote:
Mon Aug 21, 2017 2:20 pm
They are about to get very cheap on Ebay in 3, 2, 1...
Keep them for April 8, 2024...

- Ron
by Ron
Mon Aug 21, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13285

Re: I own no international stocks. Can you guess why?

Because he owns international funds :happy ...

- Ron
by Ron
Sun Aug 20, 2017 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10345

Re: Anyone planning on never retiring?

<snip...>I am 58, and I don't ever see myself retiring. It's not that I wouldn't have the money to do so, it's that I still feel young, I want to be challenged, I like the structure of working, and I need the social contact. You don't have to have a job to feel young, be challenged, and have social...
by Ron
Sun Aug 20, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: is yodlee moneycenter dead?
Replies: 15
Views: 3040

Re: is yodlee moneycenter dead?

I use it but on my bank's website and it was working fine earlier today. Maybe there is something wrong with their website, but their servers must be up. The pulls for your accounts with other software (e.g. VG, FIDO, your bank, etc.) will work fine, since they use the Yodlee software "under the co...
by Ron
Sat Aug 19, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: is yodlee moneycenter dead?
Replies: 15
Views: 3040

Re: is yodlee moneycenter dead?

Here's the link to the new site: https://money.yodlee.com/pfm3/registration It's a bit of a pain since they went to two factor security (via text & email) and I've already sent a note to their development folks that I want a way to change the dashboard to eliminate two displays I don't use (spending...
by Ron
Sat Aug 19, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate SPIA purchase
Replies: 12
Views: 1144

Re: Help me evaluate SPIA purchase

Being one that actually purchased a (non-inflation adjusted) SPIA a decade ago, I only thing I can add is that I believe you're not necessarily a candidate at this time for the purchase of such a product. Unlike you, I did not have current income that met my expense needs. I retired at age 59 with n...
by Ron
Fri Aug 18, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10345

Re: Anyone planning on never retiring?

Oops - too late!

Already retired (just over a decade) and having a ball TYVM :mrgreen: ...

Work was something I had to do; retirement is something I want to do. As the mickey d's commercial says, "I'm loving it"...

- Ron
by Ron
Wed Aug 16, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Xmas bonus for Honorably discharged veterans
Replies: 9
Views: 1706

Xmas bonus for Honorably discharged veterans

I came upon this discussion on M* which discusses on-line purchasing of products by vets from the military exchanges, not only those that are military retirees:

http://socialize.morningstar.com/NewSoc ... px#3861189

I'm passing it on for those that are interested.

- Ron
by Ron
Tue Aug 15, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Postal Service -- "informed delivery"
Replies: 115
Views: 7254

Re: Postal Service -- "informed delivery"

Do folks still get things of value in the mail? I switched everything to paperless billing. I occasionally get replacement credit or debit cards in the mail, but everything else is junk. I still receive all household bills in the mail. Since I either charge them to my credit card or do a direct deb...
by Ron
Mon Aug 14, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5821

Re: Plan for making child pay for part of college

Back to the OP's question, we (wife/me) made a "deal" with our son in which we would pay 66% tuition/room & board and our son would pay 33%. He stayed in the dorm for the entire time he was at the university. We paid 100% of all other expenses (books, car, insurance, misc.) for the 4.5 years he atte...
by Ron
Sun Aug 13, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: T-Mobile promotion for 55+

neilpilot wrote:
Sun Aug 13, 2017 6:01 pm
Is there an option to have a 3rd line?
Not under the One 55+ plan. The T-Mobile site recommends the standard One plan for those that need more phones. See https://www.t-mobile.com/offers/t-mobil ... 5SGJSG9625 for details.

- Ron
by Ron
Sun Aug 13, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: T-Mobile promotion for 55+

whodatheads wrote:
Sun Aug 13, 2017 5:40 pm
so $60 for two lines. Does the users of the two lines has to be both >55? I'm >55 but my son is 25.
No, just the primary account holder.

- Ron
by Ron
Sun Aug 13, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: Just saved $1000 / year on mobile plan

We pay about $13/month for two lines on Tracfone. I need unlimited data for business reasons. We're both retired but still use data fairly heavily on our individual phones, averaging 6-8GB per month. Under the old plan we had early last year, we were limited to 2GB before overages started. Since go...
by Ron
Sun Aug 13, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: Just saved $1000 / year on mobile plan

I only saved $480/year since I already was using their T-Mobile "One" plan (2 phones, unlimited phone/text/data plus all taxes/fees included) for $100. I signed up this week after "student " posted a notice on this board. We leave in early September for our trip to France. Normally, I would get a T-...
by Ron
Sun Aug 13, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6441

Re: Expect to spend $2.6M on healthcare?

livesoft wrote:
Sun Aug 13, 2017 12:13 pm
I wouldn't worry about it. You will get an EOB with "Billed amount: $2,600,000" and "Allowed Charges: $192.15" and "What You Own: $0.00."
:thumbsup :mrgreen: ...

- Ron
by Ron
Sat Aug 12, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3376

Re: Public vs Private Elementary

Also attending a parochial school, I was well instructed in the religious component. If you/your wife want your children to be exposed in the same manner that you yourself probably were, it may be a consideration in your decision.

- Ron
by Ron
Sat Aug 12, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14478

Re: How far would you travel to see The Eclipse?

365 million miles. That's the distance to Jupiter, which has 67 moons (more of a chance to see a partial/full eclipse) :mrgreen: ... - Ron Only five of the Jovian moons are capable of completely occulting the Sun: Amalthea, Io, Europa, Ganymede and Callisto. All of the others are too small or too d...
by Ron
Sat Aug 12, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Experience with Modular/Manufactured Homes
Replies: 14
Views: 1591

Re: Experience with Modular/Manufactured Homes

Regardless of the type of housing, most local zoning ordinances define what can be put on a lot regardless if it's a modular, manufactured, or stick built on site. That's where a lot of problems occur in placing non-stick built housing. My wife/me owned a 12x60 mobile home (trailer) back in the earl...
by Ron
Sat Aug 12, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down home or increase Retirement Contributions
Replies: 21
Views: 1453

Re: Pay down home or increase Retirement Contributions

Don't forget, that $80k interest requires you to earn an amount much more than $80k to net out your prepayments. Although our situation was much different (with a mortgage/note rate of 6.875%) back in the early 90's when we had our current/retirement home built, it's something to think about. In our...
by Ron
Sat Aug 12, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14478

Re: How far would you travel to see The Eclipse?

365 million miles. That's the distance to Jupiter, which has 67 moons (more of a chance to see a partial/full eclipse) :mrgreen: ...

- Ron
by Ron
Sat Aug 12, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 3345

Re: Elite status clubs that you are part of?

VictoriaF wrote:
Sat Aug 12, 2017 10:31 am
Mensa.

Victoria
And to represent the other extreme, I'm a member of Densa :twisted:

If you're not sure if you can be a member of Densa, take the test:
http://home.utah.edu/~msm25/Funnies/densa.html

- Ron
by Ron
Sat Aug 12, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 3345

Re: Elite status clubs that you are part of?

Not a club, but my wife/me will be joining a select few when we each claim our age-70 SS benefit early next year. Only around 2% of men and 4% of women reach this goal, however I'm sure the percentages are/will be much higher for those who participate in this forum.

- Ron
by Ron
Fri Aug 11, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8481

Re: 4% Rule has changed.....not

I also worry about the 62 to 75 year old retirees who read the gloom and doom posts here - and similar opinions in mass media periodicals - and decide to cut withdrawals by 25% or 33%. They will forego large amounts of discretionary spending at exactly the time of their lives when they have the ene...
by Ron
Fri Aug 11, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)
Replies: 34
Views: 4454

Re: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)

And then there are those of us that just intend to take the RMD and spend it, regardless of the time of year :mrgreen: ...

- Ron
by Ron
Thu Aug 10, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8481

Re: 4% Rule has changed.....not

<snip...>The longest bear market in the century before 2008 was 62 months (March, 1937, to May, 1942). The second longest was 36 months (June, 1946, to June, 1949). Why would anyone in 2008 believe there was "truly no end to the downturn in sight"? Because those folks in the prior periods are not a...
by Ron
Thu Aug 10, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 6455

Re: What Percentage CASH are you?

Currently 7%, which includes actual cash held along with cash held within our investments.

Even though we will reduce that amount over the next 6-9 months (when we both will be starting our age 70 SS benefits) we'll still probably have around 5% held within our underlying investments.

- Ron
by Ron
Thu Aug 10, 2017 7:37 am
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8481

Re: 4% Rule has changed.....not

I guess the Phd/CFP forgot to mention that many retirees have several years of expenses in "cash" and would not have had to sell any (or very little) equities during those 3 or 4 minus 20% years. 1210 Exactly. I retired in early 2007, before the downfall of 2008-09 with 4+ years in cash. Retiring a...
by Ron
Wed Aug 09, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 52
Views: 3965

Re: Do you plan to ditch your laptop in travel soon?

The international data plans do scare me - I was paying for an international plan and find out it didn't work until I landed - that's not fun. It's not like you can test your connectivity until you get there (if there is a way to do this - someone please let me know!). I have the T-Mobile One plan....
by Ron
Wed Aug 09, 2017 4:02 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 52
Views: 3965

Re: Do you plan to ditch your laptop in travel soon?

I've taken a few trips without my laptop recently, although I still generally take it. When I don't have it, one thing that's a necessity for me is a hardware keyboard that I can use with my phone/tablet. I like to write travelogs and longer emails when traveling, and the touchscreen keyboards are ...
by Ron
Wed Aug 09, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 52
Views: 3965

Re: Do you plan to ditch your laptop in travel soon?

Last year we used the Kindle/phone on our trip to Peru. I/we have not lugged around a laptop for years (not needed for work; retired a decade ago). This year, we're only taking our phones when we go to France next month. The only reason we took the Kindle was to watch local news, but now we have an ...
by Ron
Wed Aug 09, 2017 7:30 am
Forum: Personal Consumer Issues
Topic: Need A New Verizon MVNO
Replies: 17
Views: 1784

Re: Need A New Verizon MVNO

FWIW, T-Mobile just released their newest plan (today) for those 55+. Covers unlimited talk/text/data on two phones for $60/month ($30 each) which also includes all taxes. Rate for plan without automatic payment is $70. They are trying to get the AARP type folks on their network who are getting mark...
by Ron
Tue Aug 08, 2017 10:54 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7709

Re: T-Mobile promotion for 55+

Thanks for the heads up! Just returned from the T-Mobile store after showing them documentation of my age. Rate is $60 for 2 lines, unlimited phone/text/data assuming you use auto-pay - which I've always done. Without auto-pay (direct bill) the rate is $70. What will I do with the extra $480/year I'...
by Ron
Tue Aug 08, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 8761

Re: news yesterday that Buffett has 100,000,000,000 in cash now

Well, that's what you get for reading drudgereport - "news" that is almost entirely wrong. I forget, what's the reasoning on why Buffett doesn't pay dividends? Actually, the drudgereport was entirely right. The OP was wrong in saying it was Buffet holding the $100 billion and not Berkshire Hathaway...
by Ron
Fri Aug 04, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 23703

Re: A poll: How much money do you want to retire?

I feel poor, reading this thread :| ...

- Ron
by Ron
Wed Aug 02, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 23703

Re: How much money do you need to retire?

None at all assuming your retirement income (e.g. SS, pensions, SPIA's, wife/husband/partner still working, etc.) matches your rate of expenditures during the year :mrgreen: ...

- Ron
by Ron
Sun Jul 30, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Where to put $300 401k rollover
Replies: 4
Views: 378

Re: Where to put $300 401k rollover

I've had an IRA account at my credit union for many years, using it as a place to accumulate assets until I could have enough to fund whatever fund minimums are/were, back in the early days of investing for retirement. Even though it was used when I first started saving/investing for retirement over...