Search found 94 matches

by lynneny
Thu Aug 17, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: NYC real estate question
Replies: 17
Views: 1603

Re: NYC real estate question

Your home shouldn't be looked at as just an investment. Since you can clearly afford it, the question is whether you'll be happier as an owner or a renter. I've rented in NYC, and for the last 10 years I've owned a co-op here. For me, there's no comparison. I like being able to paint the walls (I ha...
by lynneny
Thu Aug 17, 2017 1:32 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 123
Views: 6500

Re: Is $9000 too much for a sectional sofa ?

OP, now that you've gotten us all emotionally invested in your custom sectional, pls show us a picture! Sounds like it fits in with your remodel beautifully, and within the overall budget you already planned to spend on the project (I can imagine the Bogleheads' horror if you were planning to go ove...
by lynneny
Sat Aug 12, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account
Replies: 37
Views: 3626

Re: Health Savings Account

If I were going to contribute to an HSA for 30 or 40 years, I'd definitely use the HSA to pay for the smaller ongoing healthcare expenses rather than keeping a stack of receipts for decades. But I was already in my 50s when our company started offering a high-deductible plan/HSA option, so I only ha...
by lynneny
Fri Aug 11, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Career Decision - HCOL area vs. LCOL area
Replies: 13
Views: 1432

Re: Career Decision - HCOL area vs. LCOL area

This sounds like a good late-career move, when you no longer expect to advance much more.

At your age/stage, I think this move would be a real career killer.
by lynneny
Wed Aug 09, 2017 10:39 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 54
Views: 3662

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

I don't even go away for the weekend without my laptop. But I hope that'll change when I retire. I'd like to travel with just my phone and a tablet then. I don't think I'll ever travel with just a phone. Even on vacation, I like to read, and respond to email, and I really prefer a bigger screen for ...
by lynneny
Wed Aug 09, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401k in-service withdrawals
Replies: 22
Views: 2588

Re: 401k in-service withdrawals

Our company also froze pensions and in lieu started making small contributions they called a "Service Reward Plan" to our 401(k). I guess that was at least partly to quell resentment over the pension freeze. Within a few years, our company dropped the Service Reward Plan and now contributes nothing ...
by lynneny
Sat Jul 29, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: TSA Pre-check for free
Replies: 75
Views: 5550

Re: TSA Pre-check for free

GE/Pre-check is a real time saver, and I love being able to get to the airport a bit later. Well worth the $100 for 5 years. I'd pay even more for a global version of Pre-check and Global Entry. One that would give us the same fast-track service at foreign airports, where the lines can be even longe...
by lynneny
Thu Jul 20, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Helping foreign nephew get settled
Replies: 11
Views: 1249

Re: Helping foreign nephew get settled

When I moved back to the U.S. years ago with no credit history, I found I was able to get a credit card through airline frequent flyer programs. I belonged to the American Airlines ff program, and was approved for an American Airlines-branded Visa card. I was also able to get store credit cards (Tar...
by lynneny
Wed Jul 12, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 7238

Re: Do you consider business travel to be a perk or a burden?

It really depends how much you enjoy (or don't) traveling, and your family situation. I take 6 to 8 international business trips a year. The biggest negative is having to fly economy, and travel in general is becoming more unpleasant--packed planes, more delays, disgruntled staff. And it's exhaustin...
by lynneny
Sun Jul 09, 2017 12:02 am
Forum: Personal Consumer Issues
Topic: Wall Street Journal - can't buy with miles anymore
Replies: 12
Views: 3023

Re: Wall Street Journal - can't buy with miles anymore

I've used airline miles for several years to buy a WSJ sub, but when I went to renew sub a couple weeks ago, I couldn't find it any more in any of the airlines' frequent flyer program redemption options. Sadly, I think WSJ must have discontinued that subscription offer.
by lynneny
Tue Jul 04, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10091

Re: Long term care insurance - is it worth it?

I'd buy LTCi in a minute if an insurance company would create a catastrophic policy with a 2 or 3-year elimination period. Most new policies seem to cover only a few years of care. Which is as much as most people will ever need, but with my family's history of Alzheimer's, that's a drop in the bucke...
by lynneny
Mon Jun 12, 2017 12:00 am
Forum: Personal Consumer Issues
Topic: Good school in Mexico for Spanish?
Replies: 23
Views: 1731

Re: Good school in Mexico for Spanish?

I highly recommend Habla, in Merida in Mexico's Yucatan Peninsula. (Their website is m and you can read glowing reviews at m ). Habla is a terrific Spanish-language school, with amazing teachers. And Merida is a great city to spend time in (I'm thinking of retiring there), and there are interesting ...
by lynneny
Thu May 11, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Planning impact your job performance?
Replies: 68
Views: 7548

Re: Does Retirement Planning impact your job performance?

This is just where I am in my life now, so I'm really interested in what others are experiencing. Until reading this thread, I hadn't really thought about how nearing retirement is affecting my job performance. I'm 60 and would like to retire in a couple years, either through choice or a layoff is n...
by lynneny
Mon May 08, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Investing in Vanguard from Overseas - Employer Address
Replies: 10
Views: 707

Re: Investing in Vanguard from Overseas - Employer Address

I hope to retire overseas, so the fate of my Vanguard account is of great interest to me. My understanding is that I'll be able to keep my existing Vanguard account, and do redemptions and dividend reinvestment, but not make any new investments. Since I'll be in decumulation mode and won't have new ...
by lynneny
Mon May 08, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: Nice piece by Christine Benz, "Not a portfolio emergency"
Replies: 14
Views: 3238

Re: Nice piece by Christine Benz, "Not a portfolio emergency"

MarvinK, you can have Christine Benz review your investments! She does an annual portfolio makeover week and invites people to write in describing their circumstances/investments/goals, and picks 5. She publishes a daily makeover, with before and after portfolios, and a detailed explanation of the c...
by lynneny
Mon May 01, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 8117

Re: Favorite Financial Indulgences

A yoga retreat in Guatemala last month. Going to a Broadway play with friends tomorrow. My hobby: Exploring possible retirement destinations by Airbnbing a home there for a week. Current favorites: Mexico and Portugal. It's a practical extravagance (I tell myself) because 1) when I retire, I'll move...
by lynneny
Mon Apr 24, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 5342

Re: New job and offer - recruiter sent a wrong $$

I would consider this a deal breaker if the salary screw up came from a manager who I'd be working with in the new job. But if it's a recruiter I'd never see again, I don't think I'd hold it against the company and give up a job I really wanted at a salary I would have been fine with if it had been ...
by lynneny
Sat Apr 22, 2017 6:40 pm
Forum: Personal Consumer Issues
Topic: Gardening 2017
Replies: 51
Views: 5203

Re: Gardening 2017

For gardening in pots on an apartment terrace without a green thumb, we've done well with: --Cherry tomatoes (but they do need quite a bit of sun) --Herbs of all kinds for cooking, basil is especially easy and fast growing. --Arugula will grow as soon as temperature is above 40 degrees, so can be pl...
by lynneny
Sat Apr 22, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 3660

Re: Best vacuum cleaner for pet hair?

OP here. Many thanks for all the great suggestions and links! I'm going through them right now, from most affordable options like the Shark Navigator Light to higher-end Miele and Dyson models (while large, long-haired white cat who is main source of vacuuming challenges tries to swat laptop cursor ...
by lynneny
Fri Apr 21, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rent versus Buy in NYC
Replies: 14
Views: 2031

Re: Rent versus Buy in NYC

When I moved to New York City about 10 years ago, I rented for the first year to get to know the city and the real estate market. As others have said, I highly recommend doing that; I ended up buying in a completely different neighborhood than the one I was sure I wanted to live in. In addition to t...
by lynneny
Fri Apr 21, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 3660

Best vacuum cleaner for pet hair?

I have two cats who keep us covered in pet hair, and probably contribute to vacuum cleaners not lasting very long at our house (although I've never bought one of the really expensive ones, like a Dyson).

Any recommendations for a vacuum cleaner that copes well with cat hair?

Thanks!
by lynneny
Tue Apr 04, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 3905

Re: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

Our PTO is use-it-or-lose-it so no one accumulates much, and a lot of us lose a few days most years on Dec. 31. People have to be careful not to use more PTO days than they've earned if they plan to leave, because they'll have to pay for days taken but not yet earned. I second someone else's comment...
by lynneny
Tue Apr 04, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 4504

Re: Some Credit Cards Make You Spend More?

I find that I'm more reckless with cash. If I buy something with cash, I won't remember a week later where that money went. But by putting all my spending on credit cards, I know those new shoes I didn't really need, or eating out more often than usual in a given month, will come back to haunt me wh...
by lynneny
Tue Apr 04, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 26359

Re: Low-earners- What is your profession?

I make about $100,000/yr in media business in HCOL New York, but feel like an increasingly lower earner every year because our company has barely given any raises in the last decade, while also freezing pension plan and ending 401(k) match and modest year=end bonuses. After 2008 financial crisis, ou...
by lynneny
Thu Mar 30, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance (LTCI): Too Expensive or Worth the Cost?
Replies: 35
Views: 4763

Re: Long Term Care Insurance (LTCI): Too Expensive or Worth the Cost?

Alzheimer's runs in my family. My mother had Alzheimer's for almost 20 years; mostly paid for by Medicaid after we ran out of money. Most policies these days cover shorter periods, like 3-5 years, than Alzheimer's often lasts. I could afford to self-insure for a few years. The risk I wish I could co...
by lynneny
Sun Mar 26, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is Exchange the same as Sell for TLH purposes at Vanguard?
Replies: 3
Views: 243

Re: Is Exchange the same as Sell for TLH purposes at Vanguard?

Hitting Submit button now at Vanguard ... thanks for the fast answer!
by lynneny
Sun Mar 26, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Is Exchange the same as Sell for TLH purposes at Vanguard?
Replies: 3
Views: 243

Is Exchange the same as Sell for TLH purposes at Vanguard?

A quick question. I'd like to do some tax loss harvesting in my taxable account at Vanguard. Just wanted to doublecheck that it counts as a sale, for TLH purposes, if I choose the Exchange option, rather than the Sale option. I would Exchange all my shares into a different (not identical) Vanguard f...
by lynneny
Fri Mar 17, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3739

Re: Retirement Plan: Do it myself or use Advisor?

I'm really interested in everyones' responses. I sadly have nowhere near $5 M, but like OP am 60, likely to retire in a couple years, and thinking a lot about what kind of professional advice would help me make the best financial decisions. I'm not interested in an AUM arrangement (did that for a fe...
by lynneny
Tue Mar 14, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Anyone use coupon apps?
Replies: 22
Views: 2416

Re: Anyone use coupon apps?

I know this isn't what you asked, but if you do shop at Target, the Target Red Card is an effortless 5% discount every time you pay with it.
by lynneny
Thu Feb 09, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Best way to present to my employer a switch to vanguard
Replies: 24
Views: 1581

Re: Best way to present to my employer a switch to vanguard

Agree that your company may be more interested in their costs than yours. Our company switched to the Principal group a year ago, in order to shift costs from the company to the employees. We fortunately still have decent index funds, but we are now charged $100/yr per employee for admin fees. And u...
by lynneny
Mon Jan 30, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - Let the Buyer Beware
Replies: 26
Views: 6314

Re: Suze Orman - Let the Buyer Beware

I was addicted to Suze Orman's "Can I afford it?" segment. I used to watch it with a friend, and we'd anticipate her response by shouting "Approved!" or "Denied!" (If you didn't have a six-month emergency fund, Suze always denied you. Unless you were a mom who wanted to...
by lynneny
Sat Jan 28, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 72
Views: 10631

Re: Anyone moved to another state for lower cost of living?

I've moved a lot for work, including 5 different countries, and lived everywhere from a duplex penthouse to a one-bedroom apartment (extreme range of LCOL to HCOL countries). All were wonderful, unmissable experiences. My latest/longest move was to HCOL nyc at age 44, and I expect to be here here un...
by lynneny
Mon Jan 23, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: confused by rollover options to Vanguard.
Replies: 7
Views: 938

Re: confused by rollover options to Vanguard.

That's a great idea to move a 401(k) to Vanguard via the intermediate step of rolling it over to someone like TD Ameritrade who will accept an ACH transfer. I expect to retire in a couple years, and really don't like the idea of being sent a check for the mid-six-figures amount in my 401(k), and the...
by lynneny
Sun Jan 22, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Extensive Travel & Mobile Lifestyle in Retirement
Replies: 8
Views: 1319

Re: Extensive Travel & Mobile Lifestyle in Retirement

Sounds terrific! Western Europe is wonderful and packed with history & culture and it's easy to get around by train and low-priced European airlines, but most countries except maybe Portugal are fairly HCOL (Eastern Europe less so). If you want something much less expensive, much of Asia is exot...
by lynneny
Sun Jan 15, 2017 1:29 am
Forum: Personal Consumer Issues
Topic: Early Retirement in Mexico, Healthcare
Replies: 26
Views: 4840

Re: Early Retirement in Mexico, Healthcare

Tresbelle65, I lived/worked in Latin America, including Mexico, for a number of years and found private healthcare (I wouldn't use the government-provided healthcare systems) to be good, and much more personal than in the U.S. Doctors spend more time with you, will often give you their cellphone num...
by lynneny
Sun Jan 15, 2017 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Value of House in Planning for Retirement
Replies: 46
Views: 3572

Re: Value of House in Planning for Retirement

The way I consider my home in retirement planning is that whatever I walk away with after selling my current home and paying off the mortgage, sales costs and moving costs will be my budget for my new (and maybe final?) home in lower cost of living spot I retire to. I'd probably rent the first year,...
by lynneny
Mon Jan 02, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 9134

Re: How many of you invest 100% at Vanguard?

Taxable and Roth at Vanguard. Employer has our 401(k) at The Principal Group. Wouldn't be my choice, but it has a number of Vanguard index funds, and I can use the brokerage window option. HSA via employer at Aetna's Payflex, invested in a Vanguard Lifecycle fund. A rewards checking account and a fe...
by lynneny
Mon Jan 02, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 31056

Re: Whats your number to walk away?

Number to walk away (if I moved to a more LCOL area): $2 million Number to walk away if I stayed in nyc: $4 million I'm 60 and net worth is about $1.2 million, so I'm unlikely to make even the lower number. But with a small pension at 65 and SS at 70, and a move to a more affordable city, it'll prob...
by lynneny
Mon Nov 28, 2016 1:09 am
Forum: Personal Finance (Not Investing)
Topic: How to become a "U.S. citizen residing overseas"?
Replies: 26
Views: 4226

Re: How to become a "U.S. citizen residing overseas"?

Thanks Marcos123, your comments on this thread and the one you linked to are really helpful. And good to know NY lets non-residents keep renewing their NY driver's license. As you say, it's useful ID for expats for various reasons. Obrigadao, e tudo de bom pra voce. I wonder if there are any Boglehe...
by lynneny
Sat Nov 26, 2016 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to become a "U.S. citizen residing overseas"?
Replies: 26
Views: 4226

Re: How to become a "U.S. citizen residing overseas"?

Really interesting thread as I've been wondering about the state tax issue if I retire abroad. My situation is a little different from that of OP. I live and work in NY, and am looking at moving to Latin America in a couple years when I retire (by "retire," I mean when I'm eventually part ...
by lynneny
Tue Nov 01, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Payflex HSA (via Aetna HDHP at FEHB) - New Vanguard Fund Options
Replies: 31
Views: 3375

Re: Payflex HSA (via Aetna HDHP at FEHB) - New Vanguard Fund Options

Great to know about the new options, thanks. A related question: When I retire in a few years, does anyone know if I can leave my HSA at Aetna's Payflex HSA, or do I need to move it? I like the investment options/fees, and would keep the account there if I could (unlike my 401(k), which will be goin...
by lynneny
Wed Sep 14, 2016 10:28 pm
Forum: Investing - Theory, News & General
Topic: Pessimism in the financial press
Replies: 18
Views: 3157

Re: Pessimism in the financial press

Calhoun - One of the reasons there are fewer magazines on the rack is people who "flip through them" in the store, rather than actually buying them. Full disclosure: I'm an editor. As our revenue from paid print and online circulation and advertising (the price of which is based on circula...
by lynneny
Thu Aug 25, 2016 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Retirement: Where $200K Will Last 30 Years
Replies: 113
Views: 20586

Re: Retirement: Where $200K Will Last 30 Years

I worked in Europe and Latin America for a long time, and will probably retire somewhere in Latin America in a few years. For me, the combination of living well on less money, and enjoying warm, sunny weather year-round is appealing (I hate winter). I also find it comforting that, in a place I might...
by lynneny
Fri Jul 29, 2016 11:59 pm
Forum: Personal Consumer Issues
Topic: Never owned a cell phone.
Replies: 41
Views: 2841

Re: Never owned a cell phone.

I got the same email from Social Security, and they made it clear that if you don't want to use a cellphone to do the enhanced security to access the website, you can visit a Social Security office or just call them on the phone (presumably from a landline). So I don't see why this is a problem for ...
by lynneny
Fri Jul 29, 2016 11:41 pm
Forum: Personal Consumer Issues
Topic: What is your plan if you lose job tomorrow ??
Replies: 73
Views: 7146

Re: What is your plan if you lose job tomorrow ??

If I lost my job, I'd be unlikely to find another one -- I'm over 50 in a shrinking field with lots of layoffs. My Plan B is to move to a sunny, inexpensive country in Latin America. Teaching English part time would probably be an option. For the last few years, I've been checking out possible place...
by lynneny
Sat May 21, 2016 10:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: New York City Local Chapter established
Replies: 176
Views: 39095

Re: New York City Local Chapter established

Are Bogleheads meetings usually on a weekend? I'd much prefer a week night, when I'm already in midtown Manhattan for work, rather than coming into the city on a weekend.
by lynneny
Sun May 15, 2016 4:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: New York City Local Chapter established
Replies: 176
Views: 39095

Re: New York City Local Chapter established

Yes, I'm really interested in a Manhattan meetup! I work in midtown, so happy to see suggested locations are there, but I can go anywhere in Manhattan.
by lynneny
Fri Apr 29, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Rank These 401(k) Providers
Replies: 43
Views: 6058

Re: Rank These 401(k) Providers

Our 1,000 person company moved to Principal last year. We are now each charged a $100 annual fee, compared to no fee before, so we assume the move was to shift costs from our company to the employees. Both plans had a similar mix of low-cost index funds and expensive actively managed funds that don'...
by lynneny
Tue Apr 19, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: I read Boglehead posts on LTC ins. Has anyone made a claim yet? How'd it go? Claims paid?
Replies: 36
Views: 5042

Re: I read Boglehead posts on LTC ins. Has anyone made a claim yet? How'd it go? Claims paid?

I'd love an LTC policy with an elimination period of two or three years (to keep costs down) and then many years of care if needed, but I don't think such policies exist. Alzheimer's runs in my family, with the need in some cases for many years of care, so the trend toward policies that only cover t...
by lynneny
Mon Apr 11, 2016 9:07 pm
Forum: Personal Consumer Issues
Topic: If you could retire anywhere, regardless of healthcare, etc.
Replies: 118
Views: 13769

Re: If you could retire anywhere, regardless of healthcare, etc.

Love working in Manhattan, but when I retire in a few years I'll be looking for a much lower cost of living area that's warm year round. I've lived in Latin America before (I'm in Rio right now for work) and am considering a few places, including Merida, in Mexico's Yucatan Peninsula, where I could ...