Search found 5204 matches

by FrugalInvestor
Mon Nov 18, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7066

Re: More retirees have a mortgage

JoeRetire wrote:
Mon Nov 18, 2019 12:36 pm
LOL! I hear pencils are a hot commodity whenever hell breaks loose, but I've never figured out why that would be. :happy
Lead doesn't burn but wood does so it helps you "get the lead out."
by FrugalInvestor
Sun Nov 17, 2019 3:24 pm
Forum: Personal Investments
Topic: Vanguard: Transition to our new investment platform
Replies: 65
Views: 28942

Re: Vanguard: Transition to our new investment platform

I also received something similar years ago. As I recall I converted but was very unhappy with the format of the new statements. They too much more paper and were somewhat convoluted compared to the old ones. I called, told the rep. that I disliked the new format and asked if I could change back. I...
by FrugalInvestor
Sun Nov 17, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7066

Re: More retirees have a mortgage

I know a retired couple who have a mortgage. I don't often get into financial discussions with friends but I did ask them 'why' when they brought it up. They said because their financial advisor said it was a good idea. They didn't say why the advisor thought that and I'm not sure they knew.
by FrugalInvestor
Fri Nov 15, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: HSA move, does it change the use date?
Replies: 3
Views: 271

Re: HSA move, does it change the use date?

You should always maintain complete documentation including records of the transfer.
by FrugalInvestor
Thu Nov 14, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: CNBC Nightly Business Report cease production in Dec 2019
Replies: 20
Views: 2856

Re: CNBC Nightly Business Report cease production in Dec 2019

I'll miss it. I find it to be a way to see the world through a lense that's not so politically charged.
by FrugalInvestor
Wed Nov 13, 2019 8:21 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 140
Views: 28338

Re: Jack Bogle - Two Fund Portfolio

I was a 3-funder at one time but have slowly liquidated my international fund and am now a 2-funder, VBTLX in tax advantaged accounts and VTSAX in taxable (roughly 50/50). The transition to 3-fund occurred shortly following (early) retirement and then I gradually transitioned to 2-fund with the proc...
by FrugalInvestor
Mon Nov 11, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 60
Views: 5176

Re: Dental Insurance

I have looked at dental insurance options a couple of times since retiring. I could never get the math to work. We use a discount plan and budget for out of pocket expenses. Same here. We do maintain our teeth well so any large expenses are few and far between. We always ask for cash at time of ser...
by FrugalInvestor
Sun Nov 10, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3027

Re: Basic Medicare Part B 2020 Premium $144.30 ??

I gather from your response that the CT 'surprise billing' law has no impact on Medicare 'excess charges' billing. Assuming that's the case I don't believe it should have any impact on choosing between plans G or N. Not true. What is the main time you cannot ask if the doctor takes medicare assignm...
by FrugalInvestor
Sun Nov 10, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3027

Re: Basic Medicare Part B 2020 Premium $144.30 ??

I don't understand where you are getting the 9.25% figure :? We have always been taught to prepare for up to 15%, but no higher, over the Medicare-approved amount. Are you referring to some special law applicable just in your own state? https://65medicare.org/medicare-part-b-excess-charges/ No, not...
by FrugalInvestor
Sun Nov 10, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3027

Re: Basic Medicare Part B 2020 Premium $144.30 ??

As for your costs, I too would have plan G vs N if balance billing was allowed in my state. It sounds like you are equating 'balance billing' to 'excess charges.' Are Medicare excess charges covered under state balance billing laws? CT does not prohibit all excess charges, but does prohibit the one...
by FrugalInvestor
Sun Nov 10, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3027

Re: Basic Medicare Part B 2020 Premium $144.30 ??

prd1982 wrote:
Sun Nov 10, 2019 8:36 am
As for your costs, I too would have plan G vs N if balance billing was allowed in my state.
It sounds like you are equating 'balance billing' to 'excess charges.' Are Medicare excess charges covered under state balance billing laws?
by FrugalInvestor
Sat Nov 09, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3027

Re: Basic Medicare Part B 2020 Premium $144.30 ??

Obviously, you haven't had any recent hospital stays or surgeries since going on Plan N, have you. Forget the ordinary visits to the doc or ER trips. Do you have any idea at all the number of Part B claims that all of the other physicians and providers (separate and apart from the actual hospital) ...
by FrugalInvestor
Sat Nov 09, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6389

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

I hired many people during my working career. Some of the best and most loyal were those who left and then decided to come back to the company. Once returning they appreciated the company more and advocated for it among the other employees. I would not hesitate to return and think that both you and ...
by FrugalInvestor
Tue Nov 05, 2019 11:55 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 308
Views: 21306

Re: Will we be OK at 3% WR?

I would be comfortable with 3% as long as you have the flexibility and willingness to pull in your (spending) horns in the event of a serious downturn. This is, in fact, what we did at somewhat younger ages. Flexibility is the key. This would assume 3% of the current balance not adjusted each year f...
by FrugalInvestor
Mon Nov 04, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Company Reviews
Replies: 15
Views: 1253

Re: Health Insurance Company Reviews

I am thinking about moving to Arizona and am looking at the ACA plans, and i see a bunch of companies i've never heard of (Ambetter, Bright, Oscar). I know there is an excellent hospital in the area (Mayo), but it is not in network for any of the ACA plans. All of the plans have zero out-of-network...
by FrugalInvestor
Sun Nov 03, 2019 2:36 pm
Forum: Personal Investments
Topic: Worried I am getting addicted to individual stocks.
Replies: 113
Views: 7428

Re: Worried I am getting addicted to individual stocks.

OP, If you believe active management can win the game, why settle for anything but the best. Just hire Warren Buffett to do the job for you. Aka, invest in BRK.A or BRK.B and you are done. Or, to a lesser degree, invest your money in the Wellington Fund or Wellesley Fund. Please explain to me why d...
by FrugalInvestor
Sat Nov 02, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Private Insurance
Replies: 4
Views: 350

Re: Private Insurance

Do you know that you do not (and cannot) qualify for premium subsidies under the ACA?
by FrugalInvestor
Sat Nov 02, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: Wait for Social Security - breakeven returns
Replies: 107
Views: 9832

Re: Wait for Social Security - breakeven returns

My wife is younger than me and I was the primary earner so this quote from the article explains the reason that I'm waiting until my monthly benefit is maximized.... ....delaying Social Security can be attractive, as it allows them to get larger monthly benefits later on, and in some cases pass thos...
by FrugalInvestor
Sat Nov 02, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Replacing one tire on all wheel drive SUV
Replies: 13
Views: 1248

Re: Replacing one tire on all wheel drive SUV

Having owned primarily AWD cars for a long, long time, I've always had a problem with this alleged issue of differential tire wear in AWD cars. Seems kinda silly to make such a big fuss about different tread depths when tire inflation is not controlled to any high level of precision. I would submit...
by FrugalInvestor
Sat Nov 02, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Consider the next phase of our travel?
Replies: 37
Views: 2834

Re: Consider the next phase of our travel?

I have been to 51 different countries/areas. If you have not travelled a lot in the US then there is still a lot of opportunity for domestic travel. Some people see places like Yosemite, Yellowstone, and the Grand Canyon which are great but miss out on the hundreds of other places in the US that ar...
by FrugalInvestor
Sat Nov 02, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: Replacing one tire on all wheel drive SUV
Replies: 13
Views: 1248

Re: Replacing one tire on all wheel drive SUV

Here's a Tire Rack article on the subject..... https://www.tirerack.com/tires/tiretech/techpage.jsp?gclid=CjwKCAjw0vTtBRBREiwA3URt7pBlsCA1bNOAM-Wdq2bfzF6OX9KHXshpROAZkeWOfzEsgLDzl8oUNRoCa0YQAvD_BwE&techid=259&ef_id=CjwKCAjw0vTtBRBREiwA3URt7pBlsCA1bNOAM-Wdq2bfzF6OX9KHXshpROAZkeWOfzEsgLDzl8oUNRoCa0YQA...
by FrugalInvestor
Fri Nov 01, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D - Drug Plan
Replies: 5
Views: 478

Re: Medicare Part D - Drug Plan

Dave, Part D plans change every year so you need to shop them every year. Like you I take few (actually no) regular medications. For that reason I just buy the cheapest plan available, or the cheapest that's convenient for me, to avoid the penalty which grows every year that I don't purchase a plan....
by FrugalInvestor
Fri Nov 01, 2019 11:57 am
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 42
Views: 5130

Re: Afraid to take the leap

P.S. Look at my Avatar. Once you get started do what I am doing.......Ignore the Noise!
by FrugalInvestor
Thu Oct 31, 2019 11:47 pm
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 42
Views: 5130

Re: Afraid to take the leap

If you wait to implement your investment plan you'll likely be unable to start once the market begins to tank (it certainly will eventually). That's because your emotions will tell you to do exactly the opposite of what you should do, they always do. You will likely be frozen and miss a golden oppor...
by FrugalInvestor
Mon Oct 28, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare billing mystery
Replies: 9
Views: 1054

Re: Medicare billing mystery

The calculation indicates that the provider does not accept Medicare assignment. As such, he is allowed to charge up to 115% of the Medicare allowance and you pay the difference. In numeric terms: 35.77 / 0.2 = 178.85 (gross charge by the provider) 178.85 X 0.98 =175.27 (Medicare reduces it by 2% f...
by FrugalInvestor
Mon Oct 28, 2019 12:27 am
Forum: Personal Consumer Issues
Topic: Folks age between 65-70. What’s your exercise routine
Replies: 44
Views: 4484

Re: Folks age between 65-70. What’s your exercise routine

I run a 5K at a 10 min/mile pace twice per week for cardio and do a round on the lifting/resistance machines in the gym twice per week for strength. During hiking season I do 8-10 mile hikes with 1,000' to 2,000' of elevation to replace the runs. I also like to ride my bike, usually 10-20 miles on o...
by FrugalInvestor
Sun Oct 27, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: An Interesting Price Comparison
Replies: 5
Views: 648

Re: An Interesting Price Comparison

Yes, Costco can have great deals and when they're not great deals they're usually very good deals. Just as important to me is knowing that what I purchase at Costco is backed up by very generous return and extended warranty policies and warranties are further extended when items are charged on my Co...
by FrugalInvestor
Sat Oct 26, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: HVAC check ups?
Replies: 46
Views: 2977

Re: HVAC check ups?

We live in a very hot climate so keeping our A/C running and running efficiently is a high priority. For that reason I have it inspected every year. When we lived in a more mild climate I had it done every 3 years or so until it started showing signs of age (around ten years). Then I went to every y...
by FrugalInvestor
Fri Oct 25, 2019 3:08 pm
Forum: Personal Consumer Issues
Topic: Spray on mold remover, for vinyl house siding?
Replies: 22
Views: 1592

Re: Spray on mold remover, for vinyl house siding?

When I used the Wet and Forget I just sprayed it on and left it....no rinsing. I only needed to apply it every couple of years if that.
by FrugalInvestor
Fri Oct 25, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: How to get quicker hot water
Replies: 45
Views: 2491

Re: How to get quicker hot water

If the hot water is sent down the cold water line don't you have to wait for the cold water line to be cleared of hot water (assuming you are using a mix of hot and cold water)? I cannot take a shower using only my hot water (too hot). I'm not a plumber but there are separate hot and cold water lin...
by FrugalInvestor
Fri Oct 25, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: How to get quicker hot water
Replies: 45
Views: 2491

Re: How to get quicker hot water

Installing a hot water recirculating pump on your water heater would be the least expensive option. Obtain quotes from a reputable local plumber for cost. My FIL had one of those on his house. It was a $$$$ hog. Your basically recirculating hot water throughout the house. He shut it off after about...
by FrugalInvestor
Fri Oct 25, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: How to get quicker hot water
Replies: 45
Views: 2491

Re: How to get quicker hot water

Installing a hot water recirculating pump on your water heater would be the least expensive option. Obtain quotes from a reputable local plumber for cost. My FIL had one of those on his house. It was a $$$$ hog. Your basically recirculating hot water throughout the house. He shut it off after about...
by FrugalInvestor
Thu Oct 24, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: Spray on mold remover, for vinyl house siding?
Replies: 22
Views: 1592

Re: Spray on mold remover, for vinyl house siding?

When I lived in a VERY wet climate I used Wet and Forget on the north side of my house after a few years of battling the algae growth and it solved the problem completely. I also used in on some areas of the roof. I highly recommend it. Not only does it work but there's no concern about any short or...
by FrugalInvestor
Thu Oct 24, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Getting an abnormally large paycheck - do I need to do anything tax withholding wise?
Replies: 15
Views: 1982

Re: Getting an abnormally large paycheck - do I need to do anything tax withholding wise?

During my employment when I received irregular bonuses I learned quickly to make sure I qualified under 'safe-harbor' guidelines for the following tax year. It may have cost me a little bit more up-front that would have been necessary otherwise but it prevented unpleasant surprises like you apparent...
by FrugalInvestor
Thu Oct 24, 2019 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9745

Re: Do you plan to actually spend down your portfolio?

Humorously our goal is to spend it down to zero but realistically that is impossible. There are too many unknowns, one of the most significant being long-term care for which we self-insure.
by FrugalInvestor
Thu Oct 24, 2019 2:01 pm
Forum: Personal Consumer Issues
Topic: Carpeting-Costco or Home Depot?
Replies: 34
Views: 26510

Re: Carpeting-Costco or Home Depot?

I purchase a lot from both Home Depot and Costco but I've never gone to either one for installation services. For most things the installation is as important as the product being installed. I want to choose my own installer and as others have said both HD and Costco sub out so that control is taken...
by FrugalInvestor
Thu Oct 24, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: How to Know if an Old House is Reasonably Beyond Repair
Replies: 30
Views: 2417

Re: How to Know if an Old House is Reasonably Beyond Repair

I don't know if this has been mentioned but keep in mind that you may have remediation as well as construction issues. Two possibilities that come to mind are asbestos (old boiler) and lead (old paint).

I would demolish it unless there was some unique historical value.
by FrugalInvestor
Wed Oct 23, 2019 10:02 pm
Forum: Personal Investments
Topic: talk to a new guy [Advisor recommends Midland National Endeavor 8]
Replies: 21
Views: 1820

Re: talk to a new guy [Advisor recommends Midland National Endeavor 8]

Thanks all, we'll stick with our 3 fund portfolio, I thought a lot of what he said was too good to be true. :oops: Just thank your lucky stars that you're here. Think about how many people are sucked into this and other 'interesting' investments. It frustrates me to no end, especially when I know t...
by FrugalInvestor
Tue Oct 22, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11613

Re: Ok to go without health insurance?

DiehardDoc wrote:
Tue Oct 22, 2019 10:44 am
So far, family fairly healthy and use healthcare services sparingly.
That pretty much sums it up as far as I'm concerned. Tell us when that's likely to change and I'll tell you when to buy health insurance. If you can't, then buy it now.

P.S. And it's your FAMILY, not just you.
by FrugalInvestor
Tue Oct 22, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Wifi in 3000 sq ft house and garage
Replies: 41
Views: 3183

Re: Wifi in 3000 sq ft house and garage

The Netgear orbi is a better mesh Network. It has its own dedicated band for transmitting backhaul data. As other posters have said it also has modules that can be placed outside. these modules can also all be connected via cat6 ethernet cable which is the ideal setup. The downside of the Netgear o...
by FrugalInvestor
Tue Oct 22, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Wifi in 3000 sq ft house and garage
Replies: 41
Views: 3183

Re: Wifi in 3000 sq ft house and garage

The Netgear orbi is a better mesh Network. It has its own dedicated band for transmitting backhaul data. As other posters have said it also has modules that can be placed outside. these modules can also all be connected via cat6 ethernet cable which is the ideal setup. The downside of the Netgear o...
by FrugalInvestor
Mon Oct 21, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: Wifi in 3000 sq ft house and garage
Replies: 41
Views: 3183

Re: Wifi in 3000 sq ft house and garage

I bought a thing that you plug in near your router, then you can add other hubs around the house that talk to each other. It was a google product. Must be Google Wifi. It is one of the best/simpler mesh systems on the market. You can buy a 4-pack system at Costco for $399 (updated 'nest' version to...
by FrugalInvestor
Mon Oct 21, 2019 3:51 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12106

Re: High income earner waiting for a bear market to start investing

Every one of us chooses every day to stay fully invested. There is zero difference between you, who has not yet put your money in investments and the rest of us here who could choose to sell our investments today and sit on the cash at this ‘market peak’ and wait for the downturn you are certain is...
by FrugalInvestor
Sat Oct 19, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Wallets [Do you carry a wallet?]
Replies: 102
Views: 8221

Re: Wallets

I guess I'm a troglodyte. I would rather get rid of my cell phone than my wallet. I did leave my watch on my nightstand when I retired. There it sits today. I predict that my cell phone will reside next to it before my wallet does, but the watch will likely remain unaccompanied for quite some time....
by FrugalInvestor
Thu Oct 17, 2019 1:25 am
Forum: Personal Finance (Not Investing)
Topic: How to save HSA receipts?
Replies: 14
Views: 1474

Re: How to save HSA receipts?

I keep paper copies by year of all expenses eligible for reimbursement. I bundle them and then put them in a manila envelope. I list on the outside of the envelope the amount eligible for reimbursement for each year and also keep a running total. The total is quite large. If we would need to use som...
by FrugalInvestor
Tue Oct 15, 2019 10:50 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15201

Re: Bank of America declares 'the end of the 60-40' standard portfolio

Shilling by BofA. My father banks there (from the days of Fleet bank, & prior to that, NatWest). I generally dislike them. High fees, pushy products. Despite their relevance, I don't consider them relevant in terms of a Boglehead. They're relevant to me. I use them for free checking, free billpay, ...
by FrugalInvestor
Tue Oct 15, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: Why are Mazda CX-5’s sales so much less than other brands?
Replies: 69
Views: 7889

Re: Why are Mazda CX-5’s sales so much less than other brands?

We purchased a CX-9 after cross-shopping the Acura RDX and Lexus RX350 as well as other smaller and larger SUVs. It also sells far fewer units than most of its competitors but we found it to be the best value by far when taken as a whole. By the way, the CX-9 just received the highest rating possibl...
by FrugalInvestor
Sun Oct 13, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: X Country Driving Trip across the US, solo
Replies: 25
Views: 2101

Re: X Country Driving Trip across the US, solo

I never booked a hotel in advance. When I felt tired, I pulled into the next town and there was always something available. I recommend booking at least one night ahead. Stopping without a reservation subjects you to the hotel's "rack rate" which is often much higher than you will get by booking ah...