Search found 28 matches

by windrose
Fri Dec 08, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8251

Re: Jack Bogle Is Worried About U.S. Pensions

I am not really concerned, but for another reason entirely: I am an older gen X'er with a (frozen, underfunded) pension, and I used to worry about this when I was younger....but now I don't. Why? Because my boomer co-workers aren't retiring....and they don't WANT to. They generally retire only when ...
by windrose
Fri Dec 08, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: 840 credit score Million dollar farm.. low income cannot get Heloc?
Replies: 64
Views: 4470

Re: 840 credit score Million dollar farm.. low income cannot get Heloc?

Multiple Bank feedback is his income is "too low" to qualify. I am no banker.. but I thought as long as you had assets free and clear (he does) and a good long credit history (he does Score > 800).. getting a Heloc to pay off the $60K balloon should be easy.' CPU I make less than your friend and ha...
by windrose
Sun Aug 27, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Any good resources on how to learn to be a Google Sheets (Excel) expert?
Replies: 28
Views: 2540

Re: Any good resources on how to learn to be a Google Sheets (Excel) expert?

You gotta check out Lynda . com. When I was in school and needed help on my Excel course I used it all the time. They have tutorials for every single function you can think of. Good luck! What is the cost, after the "free, 30-day trial period"? It looks interesting, but I want to avoid going down a...
by windrose
Sun Aug 20, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 13066

Re: Is it worth it? [demanding jobs vs time with family]

If both of your parents worked TWO full-time jobs (which is essentially what the OP is doing), do you think your childhood would have been different than what you described? They did work full time...except when I was toddler age and my mom went back to school (I don't remember it) but I doubt they...
by windrose
Sun Aug 20, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Non-fiction bucket list
Replies: 110
Views: 10228

Re: Non-fiction bucket list

While I feel I have received a solid education, I somehow feel I have missed reading many life changing Non Fiction books. It is hard to tell from this if you are looking for *Classics-of-Western-Civilization* type reading or just good, informative, modern non-fiction. If the former, while it is no...
by windrose
Sun Aug 20, 2017 1:36 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 13066

Re: Is it worth it? [demanding jobs vs time with family]

I have read many of the responses here from parents.....I'd like to add the point of view from the child. You need to do what makes YOU happy--if the workload is making you stressed, your children will feel it. On the other hand, if the work makes you happy, your children will also feel it. OP, I'm ...
by windrose
Sun Aug 13, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Retire early, live abroad until 65 and come back
Replies: 72
Views: 8833

Re: Retire early, live abroad until 65 and come back

I am considering this as well (Europe)... not for general lower cost of living, but mainly health insurance costs. It is not my top plan...more like a plan C, but as a lower income boglehead, I will not be able to afford to retire at 55 without the ACA. If the ACA stays, I would probably just visit ...
by windrose
Sat Aug 12, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 9449

Re: Investing Education and Mansplaining

We could argue about whether this is right or wrong, why it's the case, or how widespread it is, but it would be a waste of time. When you argue with reality, you lose, but only 100% of the time. Better to accept it and deal with it than argue against it. Some women are more open to learning from w...
by windrose
Sat Aug 12, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 10202

Re: When does renting make sense

Does the majority of people here really believe that you only rent apartments and never rent houses? So many of the arguments are predicated on renting apartments, I find that astonishing. I had a similar take, but from the other side. I own, but in a condo building with a full time staff, so repai...
by windrose
Sat Aug 12, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Redfin
Replies: 17
Views: 2090

Re: Redfin

I don't think the Redfin model will do well in the long run because it is overhead heavy--it has to pay out those salaries/MLS fees/continuing education/license fees, and payroll taxes, no matter what. Plus they pay the entire % to the buyer's agent, so that overhead is paid from their discounted cu...
by windrose
Mon Jul 03, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: Late planning trip - Fringe festival Edinburgh
Replies: 3
Views: 558

Re: Late planning trip - Fringe festival Edinburgh

I have not been to Festival Fringe, but I have been to the Military Tattoo that runs during the same timeframe. My co-workers talked me into going, and I think my exact words were, "I'm not spending 30 pounds to watch marching bands", but I ended up going and really enjoying it. They set up the stag...
by windrose
Sun Jul 02, 2017 4:12 am
Forum: Personal Finance (Not Investing)
Topic: Should I move abroad to minimize health care costs?
Replies: 80
Views: 7174

Re: Should I move abroad to minimize health care costs?

Why not do some research and give it a try? "They" say people tend to regret what they didn't do...rather than what they did do. As long as you can rent out the house, and can keep the door open for an eventual return if you decide it is not for you, you seem like perfect candidates. However, withou...
by windrose
Mon Jun 26, 2017 4:01 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 16693

Re: Sam's Club vs. Costco

I am no longer a member of either (small home and household, neither really close by, and prefer to shop at places open later hours, so not really worth it for me) but at one point I was a member of both. In my area, I'd say 75-80% of the items were the same...and both carried items I liked, that th...
by windrose
Mon Jun 26, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Buy condo at Trump Tower Chicago a good deal?
Replies: 24
Views: 3882

Re: Buy condo at Trump Tower Chicago a good deal?

Are you sure prices are depressed there? The only way to really know is to take a serious look at past comps. Can your agent show you, with the comps, evidence of a discount? Just at a glance, I can see that there is a wild fluctuation of HOA fees for those on the rental program, and those who aren'...
by windrose
Thu Jun 22, 2017 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Tracking towards a million and retiring at 55.
Replies: 38
Views: 6273

Re: Tracking towards a million and retiring at 55.

Without the boat, your situation looks great. With the boat?....I think you will have to provide a better estimate of the costs. From your posts, I see you will have a few phases where the retirement spending level will fluctuate: 1) age 55-60 2) age 60-62, post boat purchase, pre SS 3) age 62-65 4)...
by windrose
Thu Jun 15, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Prices, expecting over listing?
Replies: 8
Views: 1077

Re: Real Estate Prices, expecting over listing?

It has to do with inventory, IMO. I love real estate, and like to tag along with friends/family when they are looking. I spent time with some people who were looking during the 2009-2011 era, when the market was all over the place, but what you describe is exactly what happened. In all cases, we loo...
by windrose
Wed Jun 07, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Employer going union, what happens with 401k
Replies: 19
Views: 2227

Re: Employer going union, what happens with 401k

While it is hard to say based on information given, I think your friend should focus on one of the best things a union can provide a 50 year old worker--job security. If the plan was popular with the younger workers, I'm going to guess that this municipality has never experienced any lay-offs and jo...
by windrose
Wed Jun 07, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 4125

Re: Budgeting

I was a very early user of Quicken, but over time, as the company grew, I liked it less and less, and it became more program than I needed. I transitioned into a much more low tech system...I'd describe it as a reverse envelope system, because my envelopes start out empty. 1) Like many here, I save ...
by windrose
Sat May 20, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: House Deed Covenant Enforceability
Replies: 43
Views: 4010

Re: House Deed Covenant Enforceability

Another vote for NOT swapping unsecured debt into secured debt with the house. Since the debt occurred due to a job loss, rather than poor spending habits, what will happen if the income from this job is lost? What if the company goes under, or one of your parents becomes sick, or this new income is...
by windrose
Thu May 04, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: have you accepted a lower cost lifestyle to retire early?
Replies: 71
Views: 10418

Re: have you accepted a lower cost lifestyle to retire early?

Yes. I have not retired yet, but plan to retire early, in 4 years. I have already taken the steps to live a lower cost lifestyle, by downsizing my space (a condo)...I actually moved to a *more* expensive neighborhood (same city), but into a place about 1/2 the size. I decided it would be a trial run...
by windrose
Thu May 04, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 31086

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

I think your biggest disconnect is the wish for the area with a 50K average per capita income, and your own, better, financial situation, which will allow you to live in a more expensive area...and would probably be more closely aligned with some of the lifestyle wants on your list. Keep in mind tha...
by windrose
Tue May 02, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Is 401k loan really a bad idea?
Replies: 57
Views: 4390

Re: Is 401k loan really a bad idea?

I will tell you how I have always viewed it, which is just another way of saying what has already been said, but makes more sense to my *not a numbers person* mind: Let's say you can borrow from your 401k for 3%. There are probably also some fees to process this loan. Think of your 401k balance as y...
by windrose
Sat Apr 29, 2017 11:43 pm
Forum: Personal Consumer Issues
Topic: Deceptive Billing by Dermatologist?
Replies: 33
Views: 3931

Re: Deceptive Billing by Dermatologist?

My take....and I'm not a doctor, but instead a patient with some history of skin cancers....is that the Dr. actually tried to make it easier by doing both procedures at once. The alternative option would have been to handle the precancerous lesions only during that visit, and make her come back for ...
by windrose
Sat Apr 15, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Roth During Children Years?
Replies: 14
Views: 1693

Re: Roth During Children Years?

I am lower income than many on this site (career average about 38K per year) and until I started reading here, I thought it was kind of a wash when considering 401K vs. Roth. My megacorp had a traditional pension (now frozen), so there was never a match on the 401K, therefore I just put 20% into it ...
by windrose
Sat Mar 04, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 124
Views: 11697

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

I think your itinerary sounds good. We all have our views/favorites, and you have a nice variety of places planned. I would take as many guided tours as you can, especially when looking at ancient sites, where you might need a little help with interpretation, since much of it is no longer there. You...
by windrose
Sat Mar 04, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Personal assistants for work
Replies: 20
Views: 1679

Re: Personal assistants for work

I would be very careful about mixing personal and work tasks for a paid assistant, if you plan on paying them with funds from your business. While you could have them do personal tasks, you would need to keep good records to show you were not running those expenses through your business. There are s...
by windrose
Tue Sep 20, 2016 4:23 pm
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 124
Views: 11697

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

Adding another area to consider while in Tuscany--the Argentario region. It is coastal Tuscany, but closer to Rome. The 2 main popular seaside towns to visit are Porto Santo Stefano, and Porto Ercole. It is popular with Italians as a summer vacation spot, and many Romans own summer homes/apartments/...
by windrose
Tue Sep 20, 2016 1:14 pm
Forum: Personal Consumer Issues
Topic: Study Abroad program question
Replies: 34
Views: 2453

Re: Study Abroad program question

I am another who would have liked to have done a program like this, but at the time I could not afford it. After I graduated and started working, I ended up taking a different approach, and instead attended a language-only school in Europe (Italy). This was before the internet, and I learned about t...