Search found 745 matches

by patriciamgr2
Mon Apr 24, 2017 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 169
Views: 18094

Re: Any regrets living a frugal life for high income/high networth individuals?

If you orient your spending towards what you value most, frugality isn't painful at higher income levels. Even if you're not a "keep up with the Jones Family" sort of personality, spending by people you know can become a baseline of what's normal unless you actively resistthat societal pre...
by patriciamgr2
Fri Apr 21, 2017 4:40 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 336
Views: 34524

Re: Larry Swedroe says "Goodby."

The post to which I was responding seems to have been deleted. I'll repost my response if his resurfaces.
by patriciamgr2
Thu Apr 20, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2806

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

Sawhorse: If the situation you described (voluntary admission to a psychiatric facility in a situation an insurer would probably not regard as an emergency) were to occur, I'd suggest discussing insurance coverage BEFORE you enter the facility--first with your insurer & then with the facility. O...
by patriciamgr2
Thu Apr 20, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2806

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

Another practical suggestion: Often, the provider's billing department can get through to the insurer on a provider line faster than the patient can reach a representative by telephone. Also, with a provider the hospital uses routinely (like the ambulance service they recommended to OP's relative), ...
by patriciamgr2
Thu Apr 20, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2806

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

Sawhorse: I believe I am reflecting the current state of insurance coverage. I'm not defending this insanity. I repeat my question: is your statement just your opinion of how insurance/medical billing should work in a better world, or are you advising OP he can contest the actual bill successfully n...
by patriciamgr2
Thu Apr 20, 2017 1:37 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 336
Views: 34524

Re: Larry Swedroe says "Goodby."

To Larry Swedroe: I am sorry to see you leave the Forum. I have learned so much from your posts as well as your books. I totally understand your decision, however, after having read some of the threads. I regret not having posted more often to thank you for your contributions. You will be missed. I ...
by patriciamgr2
Wed Apr 19, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2806

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

Sawhorse: The OP said this was a transfer the doctor thought was beneficial the day after the patient's admission. It's unlikely it would be considered an emergency. If it's a true emergency (like the writhing in pain situation you described) most policies allow for out-of-network providers. That wa...
by patriciamgr2
Wed Apr 19, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2806

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

I'm not aware of any requirement that medical service providers disclose to you that they're not in-network under your policy. In general, a patient is always responsible for determining his own coverage. The fact that a provider "accepts" your insurance does not mean they agree to limit t...
by patriciamgr2
Thu Apr 06, 2017 12:50 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 129
Views: 10822

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Given the strong level of interest, would it be possible for a formal videotaping/editing of the presentations to be implemented this year? [Many thanks to Dr. Rich for his generous participation in the past--however, his lifesaving "day job" keeps him busy presumably.] Personally, I'd be ...
by patriciamgr2
Tue Feb 21, 2017 5:18 pm
Forum: Personal Consumer Issues
Topic: Anyone have a house keeper ("Mommy's" helper)?
Replies: 23
Views: 2454

Re: Anyone have a house keeper ("Mommy's" helper)?

If you need someone for a few hours each day, consider structuring an add-on job (before or after a f-t shift) for someone who works in the field (hotel maid, corporate office cleaner, residential cleaner, etc.) near your home. Someone working 7am-3pm could stop by your place 3:30-5:30pm in order to...
by patriciamgr2
Tue Feb 14, 2017 2:30 am
Forum: Personal Consumer Issues
Topic: Anthem Blue Cross - PPO network vs Pathway EPO network
Replies: 12
Views: 888

Re: Anthem Blue Cross - PPO network vs Pathway EPO network

I have used the Anthem BCBS online tool (Find a Doctor, using your specific ID) successfully. After I use that, I call the Billing Dept [NOT the appointment/nurses station at your favored doctors' offices--often Billing is done by an entirely separate company] and give them the technical name of you...
by patriciamgr2
Mon Feb 13, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Car accident - at-fault driver's insurance dragging their feet
Replies: 22
Views: 1687

Re: Car accident - at-fault driver's insurance dragging their feet

Just saw your latest post. In the case of no personal injury, it may be tough to get a lawyer interested in taking the case on contingency (you pay nothing up front, they take 25-33% of recovery less car repair costs). However, firms that do a lot of this work may be willing to send a letter or nego...
by patriciamgr2
Mon Feb 13, 2017 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Car accident - at-fault driver's insurance dragging their feet
Replies: 22
Views: 1687

Re: Car accident - at-fault driver's insurance dragging their feet

Ask your insurer to contact the other drivers' insurer to (1) notify them that, because they have failed to respond, you're planning to contact your own rental car company in 48 hours & will expect full reimbursement of whatever rate you negotiate plus compensation for taxis, etc. in the interim...
by patriciamgr2
Mon Feb 13, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: How & when to sell lots of a single stock with huge capital gains
Replies: 40
Views: 2858

Re: How & when to sell lots of a single stock with huge capital gains

This is one instance where even diehard DIYers might want to consult a CPA with experience working with Silicon Valley stockholders. It's been many years since I've looked at this & tax laws change frequently, but back then if a person had at least 7 figures in value of highly-appreciated stock,...
by patriciamgr2
Fri Jan 27, 2017 12:36 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 8636

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday! You are an inspiration. Best Wishes for the future. Patricia
by patriciamgr2
Mon Jan 23, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 3662

Re: minimum necessary to retire at defined expense level

I'm sure you've already taken this into account (either by including taxes in your expense estimates or in deducting expected taxes from your savings figure), but I'll repeat it for others' planning. Withdrawals from tax-deferred accounts (either voluntary to meet expenses or required RMD withdrawal...
by patriciamgr2
Fri Jan 20, 2017 4:14 am
Forum: Investing - Help with Personal Investments
Topic: Nearing retirement and looking for allocation/general advice
Replies: 16
Views: 1881

Re: Nearing retirement and looking for allocation/general advice

LilyGator: Welcome to the Forum. As someone who took early retirement myself, I understand the appeal of becoming financially independent early in life. I want to add to the cautious comments by other posters. When I ran my numbers for early retirement at age 42, I used a SafeWithdrawalRate of less ...
by patriciamgr2
Sun Jan 15, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: Who understands REITS?
Replies: 10
Views: 1372

Re: Who understands REITS?

One extra factor with equity REITs is that many of them are heavily leveraged with shorter-term financing. If interest rates increase rapidly, their costs could increase & their distributions decrease. Many investors buy them for cash flow, not for the diversification benefit you describe. Accor...
by patriciamgr2
Thu Jan 05, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 39669

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

What "pooled trust" protects your mother's assets from Medicaid (etc) reimbursement lawsuits? Unless other Forum members are familiar with this asset protection scheme (&, if so, please share information), I'd suggest getting full details on that as well while you're gathering informat...
by patriciamgr2
Thu Jan 05, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Home equity loan for kitchen improvement?
Replies: 19
Views: 1395

Re: Home equity loan for kitchen improvement?

Renovations usually last longer and cost more than one expects. I agree totally with other posters that (1) fixing broken items (anything leaking, for example); (2) totally ruthless decluttering; and (3) extreme cleaning (including washing down walls, vent covers & ceilings) are the best ways to...
by patriciamgr2
Tue Jan 03, 2017 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity/iShares version of VNQ ?
Replies: 13
Views: 963

Re: Fidelity/iShares version of VNQ ?

IYR is broad based REIT vehicle; expense ratio is in the .45 range; but it contains mortgage REITs unlike VNQ. Unfortunately, it's not commission free - unless you've qualified for free trades by moving cash to Fidelity. Do you plan to make frequent periodic purchases? If not, sticking with VNQ seem...
by patriciamgr2
Mon Jan 02, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 12
Views: 1651

Re: Las Vegas Areas and Real Estate

IMO, Summerlin is nicer, but Henderson is MUCH more convenient for the airport. I second the suggestion to stay close to the Anthem area in Henderson. Some of Anthem is age-restricted, which may not be available to you given your college-aged residents. Don't count on public transportation or taxi s...
by patriciamgr2
Fri Dec 30, 2016 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?
Replies: 2
Views: 160

Re: Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?

I believe the OP in the other thread received a quote on single payment PMI - so based on the link you cited, it would need to be deducted over 7 years. And, I assume that doing a single-pay would be no "lock" on tax deductibility in future years if the tax provision changed. So, it doesn'...
by patriciamgr2
Fri Dec 30, 2016 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13352

Re: I'll never save a 20% down payment. Rent for life?

OP: I started a separate thread to elicit opinions on the issue of single-payment PMI vs. including it in your monthly payment.

Best Wishes to you & your family in the New Year.
by patriciamgr2
Fri Dec 30, 2016 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?
Replies: 2
Views: 160

Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?

I believe the PATH act provided for PMI to be deductible in 2016, but I can't find whether that is scheduled (or even expected) to be extended for subsequent tax years. Any thoughts, Forum members? If the extension is for 2017 only, would it make sense for someone taking a new mortgage to prepay PMI...
by patriciamgr2
Wed Dec 28, 2016 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13352

Re: I'll never save a 20% down payment. Rent for life?

I'm sorry for the troubles associated with your last home purchase. I really admire you & your wife's resilience & focus on your current situation (instead of just rehashing the past). You understand how expensive home repairs can be & your diligence in paying down debt & then saving...
by patriciamgr2
Wed Dec 28, 2016 2:35 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13352

Re: I'll never save a 20% down payment. Rent for life?

I'm sorry, but I am not familiar with the single pay PMI for which OP said he was quoted a one-time $2,000 upfront fee. Given that some lenders require an appraisal ($250-500 in my neighborhood) and paperwork to remove PMI a few years into the mortgage term & given that it's not clear there will...
by patriciamgr2
Tue Dec 27, 2016 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13352

Re: I'll never save a 20% down payment. Rent for life?

IMO, buying with less than 20% down isn't end-of-world, IF (1) you're prepared to live in that home forever if necessary (eg if property values tank & your equity disappears); (2) either (a) you can find a program which provides down payment assistance so that you're not "throwing money awa...
by patriciamgr2
Mon Dec 26, 2016 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Rental - Sell or "One more year"
Replies: 16
Views: 1634

Re: Accidental Rental - Sell or "One more year"

Any chance renters could buy & save you commission/costs? [I wouldn't suggest taking back paper, however.] I wouldn't switch renters at this stage for the type of increase your manager is suggesting--too much risk & you'll owe a fee to him for finding new tenants. It's impossible to predict ...
by patriciamgr2
Tue Nov 22, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: What do you think of my Investment/Retirement Plan
Replies: 7
Views: 1036

Re: What do you think of my Investment/Retirement Plan

You are very well prepared for retirement. Other than LTC costs (unless they're included in medical), you've got potential expenses covered. Congratulations on that. One observation: although I had almost 100% of my retirement savings in equities while employed & cheerfully regarded huge market ...
by patriciamgr2
Thu Nov 17, 2016 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6671

Re: Early retire considering Self-Insurance for healthcare

tbradnc: isn't assuming the continuation of the current version of Obamacare a risk itself?
by patriciamgr2
Thu Nov 17, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6671

Re: Early retire considering Self-Insurance for healthcare

Bottlecap: You've stated that patients with multi-million dollar bills won't see billing for 6 months & that, at that point, can obtain other coverage. Is your comment based on actual experience, even anecdotal? I had been told pre-ACA--albeit from people requesting donations--about surgeries th...
by patriciamgr2
Wed Nov 16, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6671

Re: Early retire considering Self-Insurance for healthcare

Be sure to ask the asset protection attorney for the names of doc's & hospitals willing to keep treating you after you refuse to pay them & they're not receiving insurance or government reimbursement. :happy As a retired businessperson & lawyer, I'm in favor of asset protection, but it's...
by patriciamgr2
Tue Nov 15, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6671

Re: Early retire considering Self-Insurance for healthcare

We are not allowed to speculate on future legislation on this Forum. I will note, however, that there has been discussion about the unfairness of what was perceived as the ACA allowing people to avoid buying insurance until they realized they would need it. Discussions of guaranteed issue recently h...
by patriciamgr2
Wed Nov 09, 2016 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Question for folks who early retired - Approx 50 or earlier
Replies: 11
Views: 2850

Re: Question for folks who early retired - Approx 50 or earlier

I early retired at age 42 (I initially thought I would just travel for a few years & then go back to work; when I realized I was financially independent, I decided to stay "retired"). On the financial side, I echo other posters' warnings about health insurance. If the ACA is repealed, ...
by patriciamgr2
Thu Nov 03, 2016 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: [Veterans who rec'd EMT training may be fast-tracked to civilian certification]
Replies: 34
Views: 3045

Re: [Veterans who rec'd EMT training may be fast-tracked to civilian certification]

Thanks, LadyGeek! As always, you're so helpful. I appreciate what you do for the Forum each day.

Patricia MG-er
by patriciamgr2
Thu Nov 03, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: [Veterans who rec'd EMT training may be fast-tracked to civilian certification]
Replies: 34
Views: 3045

Veterans who rec'd EMT training may be fast-tracked to civilian certification

[Thread merged into here, see below. --admin LadyGeek] There's an old thread I can't locate about a veteran who had received combat medic training while serving in the military. Help was requested about his transition to a civilian position. Section 105 of Public Law 114-198 was enacted in July, re...
by patriciamgr2
Sun Oct 30, 2016 7:46 am
Forum: Personal Finance (Not Investing)
Topic: 2017 ACA plan previews
Replies: 172
Views: 12765

Re: 2017 ACA plan previews

1. Health care costs IMO are the number one issue for early retirees like me. The uncertainty of what, if any, coverage will be available in the future makes planning difficult. I thought I had employer-provided retiree coverage, only to discover that it was terminated for all former employees a few...
by patriciamgr2
Wed Oct 19, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bruce Steiner on James Lange Radio Show
Replies: 5
Views: 1189

Re: Bruce Steiner on James Lange Radio Show

Thanks for posting this. I have learned a great deal from bsteiner's posts on the Forum.
by patriciamgr2
Tue Oct 18, 2016 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have experience with Vanguard Flagship?
Replies: 28
Views: 3441

Re: Anyone have experience with Vanguard Flagship?

I was Flagship for many years; my consolidated assets prob would have qualified for the new, reduced Select level. Flagship service was ok. Reps aren't trying to scam anyone, but I found them unhelpful/unprepared about issues beyond simple mutual fund purchases. The best rep I ever dealt with was be...
by patriciamgr2
Thu Oct 13, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Considering Retiremnet but nervous
Replies: 26
Views: 4774

Re: Considering Retiremnet but nervous

I retired in my early 40's. Some of these comments have been made by other posters; I'm emphasizing those points. 1. Develop a detailed plan of how you--and your spouse--plan to live during retirement & "practice" that before retiring. Live on your retirement budget. Only use one car (...
by patriciamgr2
Sun Oct 09, 2016 3:42 am
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2895

Re: ACA renewal - shop around.

thanks so much, furwat. Health insurance has become more complicated than taxes Ugh. I feel lucky to have this site to become more informed. Best Wishes.
by patriciamgr2
Sun Oct 09, 2016 2:33 am
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2895

Re: ACA renewal - shop around.

jalbert: you're absolutely correct, of course, about ACA protections applying to off-market plans too. If the ACA protections are repealed, renewals of any plan might be jeopardized. My experience has been that, even though I now take prescription eye drops & thus couldn't qualify for a new poli...
by patriciamgr2
Sat Oct 08, 2016 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2895

Re: ACA renewal - shop around.

Mitchell777 - wait until after election to decide. You'll have more information about whether ACA is likely to be around and whether expiration of COBRA benefits is an event which allows you to start coverage outside of the normal enrollment time periods (in my state, it wasn't last time around). In...
by patriciamgr2
Sat Oct 08, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: health care Early Retirement
Replies: 21
Views: 3357

Re: health care Early Retirement

One other cautionary note: many Boomers are in denial about health risks. I've never been sick enough to meet my deductible & I focus on healthy living, but I don't delude myself into thinking I'm immune to aging or bad luck. We all know people who've been hit by uninsured drivers (multiple surg...
by patriciamgr2
Sat Oct 08, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: health care Early Retirement
Replies: 21
Views: 3357

Re: health care Early Retirement

I'd strongly suggest waiting until after (1) November price increases and plan changes are announced on your state's ACA site and (2) the election results are known. [No political comment intended] If ACA will remain in effect after the election, I'd suggest "shopping" for an actual plan i...
by patriciamgr2
Sat Oct 08, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2895

Re: ACA renewal - shop around.

I have had an individual ("grandfathered" non-ACA) PPO plan with BCBS for decades now. I've been afraid to switch over to ACA in case ACA was repealed & I was stuck without any insurance. I've been hit with premium increases comparable to those seen on ACA policies. I also have a highe...
by patriciamgr2
Mon Sep 19, 2016 9:05 pm
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 6456

Re: The states we won't buy munis from, update

Thanks for sharing, Larry Swedroe. I appreciate the information.
by patriciamgr2
Mon Aug 29, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: Eating Healthy/Meals for One
Replies: 65
Views: 5189

Re: Eating Healthy/Meals for One

I am a fan of frozen veggies too, but OP mentioned "tiny" freezer. While I use tinned or pouch-wrapped protein, & beans (if rinsed), I don't use a lot of tinned veggies.

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