Search found 6147 matches

by Dottie57
Tue Jun 25, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: Am I falling into the trap of judging everything through cost lens?
Replies: 9
Views: 443

Re: Am I falling into the trap of judging everything through cost lens?

I do not travel often. But I now pay to upgrade the experience - I really hate flying.
by Dottie57
Tue Jun 25, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: Firecalc why/when can you adjust your spending?
Replies: 10
Views: 466

Re: Firecalc why/when can you adjust your spending?

dbr wrote:
Tue Jun 25, 2019 12:01 pm
And, in general, the idea that retirement is an exercise in successive approximations continues through retirement and not just up to it.
This. I know I will have to make adjustments along the way. I don’t treat results f Firecalc as gospel, just as a starting basis.
by Dottie57
Tue Jun 25, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Two NWM 65 Life "Gifts" from Parents. I'm Lost!
Replies: 19
Views: 1838

Re: Two NWM 65 Life "Gifts" from Parents. I'm Lost!

Cash the policies out. CC debt and use the rest for the wedding?
by Dottie57
Mon Jun 24, 2019 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 3775

Re: Triage in ER - charged $790

A vote for do not pay it. Let them threaten you with collections and "ruining your credit". Enough people pay nothing for ER care that they can write your bill off on their taxes (part of the reason it's artificially inflated). Continue to be a BH and put yourself in a position where you finance li...
by Dottie57
Mon Jun 24, 2019 10:28 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 77
Views: 4361

Re: Single cup coffee/espresso options, 2019

What more do you want? Personally, I want to not be locked into buying $50/lb “pods” of stale coffee. When you buy one of those machines, you’re buying simplicity, but you’re also locking yourself in to the pod ecosystem. Normal people who aren’t coffee snobs use things like pour over cones and Fre...
by Dottie57
Mon Jun 24, 2019 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security income limits
Replies: 2
Views: 613

Re: Social Security income limits

Desperation is not a good place to make decisions from. I would encourage her to continue with her 60k job until FRA and to have an active social life . Life will be better for her with more money coming in. She needs healthcare ins too. And she really needs to have more in her life than your family.
by Dottie57
Mon Jun 24, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 59
Views: 3866

Re: How did you lower your annual expenses?

Don’t go shopping. Amazing how well not looking for things to buy actually works. :oops:
by Dottie57
Mon Jun 24, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Big mess (inheritance, taxes, social security, more)
Replies: 9
Views: 1264

Re: Big mess (inheritance, taxes, social security, more)

Sandtrap wrote:
Mon Jun 24, 2019 5:07 pm
Honda or Toyota.
Hehe!
by Dottie57
Mon Jun 24, 2019 4:26 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 77
Views: 4361

Re: Single cup coffee/espresso options, 2019

What more do you want? Personally, I want to not be locked into buying $50/lb “pods” of stale coffee. When you buy one of those machines, you’re buying simplicity, but you’re also locking yourself in to the pod ecosystem. Normal people who aren’t coffee snobs use things like pour over cones and Fre...
by Dottie57
Mon Jun 24, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 77
Views: 4361

Re: Single cup coffee/espresso options, 2019

I have a Nespresso original (Nespresso brand pods, but generics are available) and an Aeropress (local market bulk beans, ground at the store). Both are surprisingly good and easy to use. I put a splash of cream in both. I prefer the Nespresso for ease of use and variety of pods. I prefer the Aerop...
by Dottie57
Mon Jun 24, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 42
Views: 5320

Re: Balsamic vinegar?

I buy balsamic vinegar and olive oil from a local kitchen store (Kitchen Window). They have large barrels of different olive oils and balsamic vinegar. You can taste before buying. They can fill up various size bottles for you. The products are very good.
by Dottie57
Mon Jun 24, 2019 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Federal retirement benefits/ court order
Replies: 15
Views: 1440

Re: Federal retirement benefits/ court order

CAsage wrote:
Mon Jun 24, 2019 2:18 pm
The divorce asset split would probably consider all assets... but cannot (probably) change a prior contract. Maybe a larger share of other assets to compensate? Longer spousal support? All is open for division in divorce.
This.
by Dottie57
Mon Jun 24, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Federal retirement benefits/ court order
Replies: 15
Views: 1440

Re: Federal retirement benefits/ court order

Thank you. Yes, my friends spouse retired. My friend was talked into not making a spousal annuity claim at the time the retirement paperwork was submitted. They remained married for sometime, but are now divorcing. This Is a good reason to get a good divorce attorney. Don’t rely on an internet forum.
by Dottie57
Mon Jun 24, 2019 9:45 am
Forum: Personal Investments
Topic: Worried about the future/not saving enough
Replies: 39
Views: 4739

Re: Worried about the future/not saving enough

:happy How did you put together your list of expenses? Did you go through all of your credit cards and checking for several months or a year? Do you give gifts during the year? What about utilities? Home maintenance? Property tax and insurance? Medical?
by Dottie57
Sun Jun 23, 2019 6:51 pm
Forum: Personal Investments
Topic: Professional in NYC - trying to figure out investment strategy
Replies: 23
Views: 3029

Re: Professional in NYC - trying to figure out investment strategy

Below are the choices my firm offers in my 401K. Without knowing your plan expense ratios (add them) the best options appear to be: FID 500 INDEX (FXAIX) -- Large caps, 80% of US stocks FID EXTD MKT IDX (FSMAX) -- Mid/small caps, 20% of US stocks FID INTL INDEX (FSPSX) -- Developed markets, 75% of ...
by Dottie57
Sun Jun 23, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of elderly parents' home
Replies: 42
Views: 2850

Re: Sale of elderly parents' home

Make sure all or part of the 500k is put aside in a safe place so mom can purchase a n SPIA to replace income lost when dad dies.

A drop in income from 108k tp 24k Is pretty dramatic. Your mom deserves to have someone looking out for her.
by Dottie57
Sun Jun 23, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of elderly parents' home
Replies: 42
Views: 2850

Re: Sale of elderly parents' home

I agree that having that expensive of a house is not ideal but as long as there is a lot of home equity they may be able to get a reverse mortage if it is needed. The OPs location is listed as "SFBA" which I assume is the San Francisco Bay area so a million dollar+ home may not be all that fancy. I...
by Dottie57
Sun Jun 23, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Daughter: Vanguard, Fidelity, or Something Else
Replies: 20
Views: 1402

Re: Helping Daughter: Vanguard, Fidelity, or Something Else

sport wrote:
Sun Jun 23, 2019 1:11 pm
She already has an account at Vanguard. Maybe it would be easiest if she just changes banks.
+1
by Dottie57
Sat Jun 22, 2019 6:29 pm
Forum: Personal Investments
Topic: Portfolio review and general early retirement advice
Replies: 11
Views: 1322

Re: Portfolio review and general early retirement advice

You haven't said anything about your income or household expenses. For early retirees, the rule of thumb is that you need about 30-33x your anticipated expenses, inclusive of all income taxes. As such, an estimate of your expenses in retirement are necessary to determine how big your needed portfol...
by Dottie57
Sat Jun 22, 2019 2:45 pm
Forum: Personal Consumer Issues
Topic: How do you approach tipping at carry-out restaurants
Replies: 111
Views: 7130

Re: How do you approach tipping at carry-out restaurants

I went to Panera near end of their day. Ordered a salad after some rude people in front of me ordered. The counter help looked incredibly tired. I gave a 50% tip on a $8 salad. The gal gave me a smile and grateful thank you. Sometimes it is good to be kind.
by Dottie57
Sat Jun 22, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 165
Views: 12106

Re: what was your worst major purchase mine is a 2019 mazda3

\ No. I put the ex through school, often working 2 jobs while in school myself. She didn't earn a penny during our 5yrs of marriage. Wow. Does she at least give you free dental care? I honestly don't know (and don't care) if she is practicing. This is exactly why I suggest people pause when they wa...
by Dottie57
Sat Jun 22, 2019 12:39 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 39
Views: 2783

Re: Rebalancing to Oblivion

I think your rebalance plan is very reasonable. You don’t want to spend all Bonds on stocks.
by Dottie57
Fri Jun 21, 2019 1:24 pm
Forum: Personal Investments
Topic: Retirement Ready?
Replies: 38
Views: 4539

Re: Retirement Ready?

I thought the comment was on retirement in general and not a specific scenario. Op has a 46k per year military pension. P.s. I just used taxcaster to run scenarios with 100k of interest, dividends and cap gains. There were mixes where the tax was 0. Assumed all income came from taxable. 100k of cap...
by Dottie57
Fri Jun 21, 2019 11:21 am
Forum: Personal Investments
Topic: Roth conversions-easier if at same brokerage
Replies: 10
Views: 762

Re: Roth conversions-easier if at same brokerage

Open a Roth at TDA and do a conversion. Roll over to Vanguard now or in future. Leave minimal in Roth to keep it open f desired.
by Dottie57
Fri Jun 21, 2019 8:37 am
Forum: Personal Investments
Topic: Retirement Ready?
Replies: 38
Views: 4539

Re: Retirement Ready?

Taxes: Once you retire (no earned income or other income aside from your portfolio), you will not need to pay federal taxes, just state and local. This applies to a 50/50 portfolio in taxable up to about $10M, for married couples. Huh? Are you really suggesting that a $10M taxable portfolio would i...
by Dottie57
Fri Jun 21, 2019 8:33 am
Forum: Personal Investments
Topic: Help with friend's 401k plan
Replies: 13
Views: 831

Re: Help with friend's 401k plan

HomeStretch wrote:
Thu Jun 20, 2019 9:43 pm
As your friend has no interest in investments, he may be better off staying in the target date fund.
+1
by Dottie57
Thu Jun 20, 2019 3:59 pm
Forum: Personal Investments
Topic: Retirement Ready?
Replies: 38
Views: 4539

Re: Retirement Ready?

Taxes: Once you retire (no earned income or other income aside from your portfolio), you will not need to pay federal taxes, just state and local. This applies to a 50/50 portfolio in taxable up to about $10M, for married couples. Huh? Are you really suggesting that a $10M taxable portfolio would i...
by Dottie57
Thu Jun 20, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 85
Views: 8460

Re: Good times: 2008 vs Now

The state of the economy is generally irrelevant to me. Bad things can happen during good times, good things can happen during bad times, and everything in between. People still get laid off, get pay raises/bonuses, move jobs, get sick, die, and so forth even in the best of times. What I do is to m...
by Dottie57
Thu Jun 20, 2019 3:25 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 85
Views: 8460

Re: Good times: 2008 vs Now

This is not a market timing kind of post, I'm not trying to read the tea leaves or anything. I'm just curious what folks think of the general state of the economy in a day-to-day sense. I turned 23 in 2008 and graduated and found a good job that summer before things went downhill in September. I wa...
by Dottie57
Thu Jun 20, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 50
Views: 4027

Re: Career advice — asking for the “gray hair perspective”

You’re not partner material at this firm. The data analytics or whatever you’re doing. Does it have the potential to make gobs of money? Can you sell that potential to someone? Possibly at another firm? That’s how you make partner someplace. Yes. Yes it does. More than gobs. But is also threatens p...
by Dottie57
Thu Jun 20, 2019 12:29 pm
Forum: Investing - Theory, News & General
Topic: Excluding International All Together?
Replies: 39
Views: 2280

Re: Excluding International All Together?

Unfortunately, there is no right or wrong since we don’t know the future. Each investor needs to determine their own beliefs and then invest or not in international stocks.
by Dottie57
Thu Jun 20, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage - what to expect?
Replies: 46
Views: 4168

Re: Paying off my mortgage - what to expect?

Follow up with a trip to whatever entity recorded the mortgage...( your County Clerk usually) in about a month to make SURE the mortgage is removed from the official records. ( Lien taken off the property).. A trip to the Clerk's office....so you can SEE it with your own eyes. I would NOT take the ...
by Dottie57
Thu Jun 20, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Another Can I retire Post? - Age 58
Replies: 22
Views: 2909

Re: Another Can I retire Post? - Age 58

How is your current health? What has been the average longevity in your side of the family, for males? The life expectancy your wife quoted is based on the average, 50% die earlier, 50% live longer. No one including me knows the future, but if you do a few things right and bearing any unforseen con...
by Dottie57
Thu Jun 20, 2019 12:58 am
Forum: Investing - Theory, News & General
Topic: Contribute to an ira after returement
Replies: 11
Views: 984

Re: Contribute to an ira after returement

Rebus wrote:
Thu Jun 20, 2019 12:05 am
I mean to say their own individual separate ira, not a joint one.
There s no such thing as a joint IRA. Individual Retirement Account.
by Dottie57
Thu Jun 20, 2019 12:54 am
Forum: Personal Finance (Not Investing)
Topic: HR telling my wife not to contribute 100% of her salary to 401k
Replies: 24
Views: 4329

Re: HR telling my wife not to contribute 100% of her salary to 401k

Traditional 401k contributions are not subject to income taxes, but they are subject to payroll taxes (Medicare and social security). Right, this is 6.2% SS up to the annual limit which sounds like it is not at play here plus 1.45% medicare. At 7.65% then 92.35% might be safe. My employer has a max...
by Dottie57
Wed Jun 19, 2019 10:21 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 158
Views: 18313

Re: What have you baked recently?

I have a question for my fellow Boglehead bakers! I have been making sourdough bread for about a year using KAF's recipe and it is a rock solid recipe. I do my own variation where my 2nd rise is overnight in the refrigerator and the next morning I baked it in a cast iron dutch oven at 500F for 30 m...
by Dottie57
Wed Jun 19, 2019 6:44 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 77
Views: 4361

Re: Single cup coffee/espresso options, 2019

I would get: 1) electric water kettle 2) french press and/or pour over (french press comes in various sizes and 1 cup = 4 oz). If you want coffee that's BETTER than starbucks and local chains, I would also get a grinder and buy whole beans from a local roaster (if available). Easy times. You can ma...
by Dottie57
Wed Jun 19, 2019 6:42 am
Forum: Investing - Theory, News & General
Topic: happy when the market is down - want to understand
Replies: 42
Views: 3405

Re: happy when the market is down - want to understand

Real life example. In the financial crisis on 2008 the S&P 500 went down from over 1,500 to down below 800, the other stock indexes had similar drops. I had some bonds in my 401k so it was not quite that bad but it was bad. I was in my early 50s and lots of companies were laying off people and few ...
by Dottie57
Tue Jun 18, 2019 9:44 pm
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 89
Views: 6979

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

Sometime past 70, I plan on an annuity, SPIA. So I will have 3 income sources: SS, retirement accounts, and annuity. Never chased wealth building. I just want enough in retirement.
by Dottie57
Tue Jun 18, 2019 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Quit My Job in 9 Months?
Replies: 3
Views: 856

Re: Can I Quit My Job in 9 Months?

3% of 3.5m s 105k. Go for it. I think ACA insurance will cost quite a bit, so look into that.

Of course you won’t have much SS. I assume but do not know if you will qualify for Medicare. Not sure of the requirements.
by Dottie57
Tue Jun 18, 2019 3:12 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 37337

Re: How Bad was 2008, really?

columbia wrote:
Tue Jun 18, 2019 5:35 am
Bad enough that I’m always perplexed by people hoping for a crash (to buy cheaper stock).

Those people don’t have retired parents/grandparents? They believe they’re immune from losing their own job, no matter what happens?
Add me to the perplexed.
by Dottie57
Tue Jun 18, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: Life after COBRA - selecting new health insurance
Replies: 24
Views: 1639

Re: Life after COBRA - selecting new health insurance

How did you like UHC from megacorp? If it worked well I would go with it - better the devil you know.
by Dottie57
Tue Jun 18, 2019 11:50 am
Forum: Personal Finance (Not Investing)
Topic: How to estimate taxes during retirement?
Replies: 39
Views: 2619

Re: How to estimate taxes during retirement?

I have been using Taxcaster from intuit.

For state taxes. I found a Minnesota tax estimator. https://smartasset.com/taxes/minnesota- ... Q8vnXouVNE
by Dottie57
Tue Jun 18, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 90
Views: 8584

Re: Does money/lack of money preoccupy you?

I do worry. I retired when given a buyout opportunity. So it feels abnormal to be spending without earning. I worry, given the long bull market. So decided to have CDs for each year until SS. If I want to spend more, I’ll sell some stock. Am flirting with idea of purchasing individual bonds for 20 y...
by Dottie57
Tue Jun 18, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Cancel collision coverage on older car?
Replies: 79
Views: 6413

Re: Cancel collision coverage on older car?

Admiral: My dad's #1 rule was never to pay for insurance for something you can afford to pay for yourself. If you are accident prone, you might beat the insurance company -- but it is unlikely. Dad's rule results in our using high-deductibles and cancelling collision insurance as our automobiles ag...
by Dottie57
Mon Jun 17, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 37337

Re: How Bad was 2008, really?

Frontline has a pretty good 2 part 4 hour series 2008.

Called “Money, Power and Wall Street” - 2 part.

Available on Amazon Prime right now .

Look in season 30. First broadcast in spring of 2012.
by Dottie57
Mon Jun 17, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: Recommendation for light beer.
Replies: 41
Views: 2557

Re: Recommendation for light beer.

I used to be able to buy Sam Adams light. It tasted very good. I can’t find it any more in my area.
by Dottie57
Mon Jun 17, 2019 7:41 pm
Forum: Personal Investments
Topic: Investment gift for my 1 year old son
Replies: 11
Views: 1086

Re: Investment gift for my 1 year old son

No insurance.!

529 plan sounds good
by Dottie57
Mon Jun 17, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 90
Views: 5000

Re: How to avoid high vet bills?

My dad was a veterinarian who retired in the late 80’s. Some of his big overhead included 1) property cost, maintenance and property taxes, insurance 2) equipment such as X-ray machine and simple equipment for blood testing. 3) insurance for malpractice. ( 1 time against dad). 4) technicians / helpe...