Search found 49 matches

by chessknt
Fri Apr 13, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 3491

Re: Unaffordable prescription drug

These biologics may not be as cheap as everyone thinks I'm other countries. Some of these drugs are quite expensive to even manufacture let alone the research costs. The squeaky wheel gets the grease here--keep calling and appealing and fighting and getting your case opened an d looked at. I wouldn'...
by chessknt
Thu Apr 12, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13342

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

It is dangerous to go without healthcare insurance. Quite a lot of people don't think so, but that's politics, so we cannot discuss it. It isn't about politics--the financial risk of a catastrophic illness can easily exceed the entire cost of a total loss on a home. And for someone who likes to rac...
by chessknt
Thu Apr 12, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: My PCP Won't See Me After Auto Accident - How to Handle With Insurance Company?
Replies: 39
Views: 3870

Re: My PCP Won't See Me After Auto Accident - How to Handle With Insurance Company?

This is not something I have seen or would do as a pcp but can understand. They are obligated to refer you to someone to treat you for your ongoing problems and can't just say no without followup. If they didn't offer any, ask for a referral to a physical medicine and rehabilitation physician (speci...
by chessknt
Thu Apr 12, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13342

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Might want to make sure your tax plan in terms of cashing out on foreign soil is legal--the USA taxes income generated in other countries as long as you are a citizen and the irs will definitely notice that amount of money and if you are other married it might be considered joint property and thus ...
by chessknt
Thu Apr 12, 2018 4:18 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13342

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Might want to make sure your tax plan in terms of cashing out on foreign soil is legal--the USA taxes income generated in other countries as long as you are a citizen and the irs will definitely notice that amount of money and if you are other married it might be considered joint property and thus s...
by chessknt
Thu Apr 12, 2018 4:05 am
Forum: Personal Consumer Issues
Topic: Medical Records
Replies: 21
Views: 1284

Re: Medical Records

I second the notion that uncomplicated healthy patients do not typically need to come with records. Prior labs, imaging, or studies that have been done are much more useful and are probably more accessible. If you have chronic problems they are more useful but by no means necessary to provide care. ...
by chessknt
Sat Apr 07, 2018 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a resident physician
Replies: 13
Views: 776

Re: Asset allocation for a resident physician

Might be too heavy in bonds for your outlook but it also depends on your risk tolerance. Most would argue against tips during accumulation. International allocation looks to be a bit too low. Why prime cap? If you have any loans at the lovely 6.8% interest rate it would be worthwhile to direct money...
by chessknt
Mon Apr 02, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 24
Views: 3117

Re: $6.55 Northrup Grumman 401k class action settlement

The Class Action Administrator likely had all of your information so your time to complete the form in this instance was minimal. Accordingly, it probably took you less than 5 minutes to complete the claim form. I suspect you can figure out the hourly rate for your time, but you've concluded it was...
by chessknt
Thu Mar 29, 2018 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3150

Re: Rent or Buy? Military Doc. What would you do?

I would offer the perspective that, though you may come out behind, it may not be behind as much as you think. We bought a house with a short time frame to live in because the rental market could not offer us anything close to what we were looking for. I figured that a loss of 20k after accounting f...
by chessknt
Wed Mar 28, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 12691

Re: Healthy eaters -- is this grocery budget normal to you?

I am curious as to why people are afraid of gmo foods and what the basis of that fear is.
by chessknt
Sat Mar 24, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: eBay seller mails hard drive in paper envelope
Replies: 32
Views: 2394

Re: eBay seller mails hard drive in paper envelope

Poor shipping but if it works then you are engaging in a big hassle on principle rather than for any objective damages. If you are OK with that carry on but as others have said if the drive was damaged you'll know it. I would add that I successfully filed a claim against usps the inherent insurance ...
by chessknt
Mon Mar 12, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: Incorrect medical report
Replies: 31
Views: 2066

Re: Incorrect medical report

It would actually be inappropriate and probably illegal for someone to change the medical record because a receptionist handed a message from a patient to them. At minimum, you need to speak by phone to the person who can add an Edit to the record. If it is important enough, you may need to go in p...
by chessknt
Mon Mar 12, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Incorrect medical report
Replies: 31
Views: 2066

Re: Incorrect medical report

You aren't stating what happened but is it relevant in any way to your long term care? Eg If it says they looked in your ears and they looked fine when they didn't and you don't have an earache then this seems like a waste of time regardless of your legal rights.
by chessknt
Sat Feb 24, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 90
Views: 9282

Re: Just had our offer accepted on a $1.4 Million House

Simplify. Rent for the short term and focus on careers. Complexity, added debt, and risk, is not a good thing at this time. If there should be personal or financial "black swans" during this period, they would be better survived by renting (flexibility) and keeping your cash in hand. The time will ...
by chessknt
Sat Feb 24, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Xfinity Mobile ?
Replies: 15
Views: 1566

Re: Xfinity Mobile ?

Switched from t mobile to this last year. 2 smart phones went from 100/mo to 13.50. We use WI fi everywhere now and use 1-2 gb of mobile data. Network is incredible because it is Verizon, far superior to tMO in my area. If you use lots of mobile data then this may still be a better option. The only ...
by chessknt
Tue Feb 20, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Going electric: Books about the Nissan Leaf (first generation; 2011–2017)
Replies: 21
Views: 1606

Re: Going electric: Books about the Nissan Leaf (first generation; 2011–2017)

You don't sound particularly "tech" to me and I would caution you about being an early adopter of a new technology. I believe EVs are the future, but the future is not here yet. I would push back a bit on this. There’s nothing complicated about these cars. Just the opposite, in fact. If you can plu...
by chessknt
Sat Feb 17, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 3021

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

I think two factor authentication is a good first step. Most won't even bother to do that. There is also the option of doing two factor authentication with a physical key, like a Fido UTF key. Even though inconvenient, a physical ket would probably prevent someone from gaining fraudulent access to ...
by chessknt
Thu Feb 15, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7137

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

I don't carry this coverage because I have comp/collision and good medical insurance. Don't think it adds anything personally. I disagree. Suppose you and/or passengers are severely injured and/or permanently disabled by an uninsured motorist. Good medical insurance will not make up the difference....
by chessknt
Thu Feb 15, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7137

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

I don't carry this coverage because I have comp/collision and good medical insurance. Don't think it adds anything personally.
by chessknt
Thu Feb 15, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax & Form 8606
Replies: 9
Views: 1240

Re: TurboTax & Form 8606

I filed mine a few days ago and while I couldn't find the irs form some how there is a 2017 version that was submitted and I have printed off through hr block.
by chessknt
Sun Feb 11, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 195
Views: 29650

Re: How to Minimize Your Emergency Care Expenses

I didn't say unionize. I said organize. As one of the largest lobbying groups in the U.S. (according to Wikipedia, anyway), what exactly does the AMA do? I'm an engineer in oil and gas. I'm proud that I help power the world, provide electricity, and provide transportation. My job has a positive eff...
by chessknt
Sat Feb 10, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can’t decide if we’re getting close to FIRE without knowing health care costs
Replies: 30
Views: 2428

Re: Can’t decide if we’re getting close to FIRE without knowing health care costs

I have been through this as I intend to retire in about a year. I agree that it is difficult to know how things will shake out over 15 years, but it was possible to compare alternatives for my 3 year period (age 62 to age 65). I have 4 choices: Cobra (at least for the first 18 months), the Medicaid...
by chessknt
Sat Feb 10, 2018 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Physician disability insurance
Replies: 8
Views: 632

Re: Physician disability insurance

Too many variables to be sure but seems right if not a tad high. Read the white coat investor guide then find an independent agent who can get you multiple quotes.
by chessknt
Sun Feb 04, 2018 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Planning for Life Insurance Payout
Replies: 15
Views: 880

Re: Planning for Life Insurance Payout

Is this some type of rider that was on the life insurance policy that pays out prior to death when death is imminent within a certain amount of time (say 2 years or less)? That's not my understanding. No payout until death. The point other posters are making is that unless he is in an ICU criticall...
by chessknt
Sat Jan 27, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1582

Re: College student co-op, pre-med

The first thing I would do in your situation is figure out if what you want is to be a practicing physician or a business owner. Obviously, you can do both, but if your real goal is to be a business owner, even in the healthcare field, I think you can get there without medical school and all the de...
by chessknt
Wed Jan 24, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 16664

Re: Dear wife quits job and now we are down to 1 income

This is a very old fashion way of thought. Even if it’s break even, a spouse *should* continue to work to maintain their skills and career prospects, especially one who was pulling in 70k (!!). It is well understood that women take huge future earnings hits by doing this, it’s bad for equality, it’...
by chessknt
Tue Jan 23, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9095

Re: Working in the real world

This forum does seem to disproportionately represent the top 3% of wage earners in the US. You can tell this in many ways but my favorite is the assumption in every retirement thread that a 529 needs to be funded to six figures. My mom earned about 50k per year with nobody else to help her. My broth...
by chessknt
Mon Jan 22, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 55
Views: 5670

Re: Letter from Social Security re Fraudulent Claim

I live the paranoid responses trying to conceive how this could possibly be a scam and assuming that the federal government is infallible in its record keeping and communication.
by chessknt
Fri Jan 19, 2018 11:14 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 96
Views: 12009

Re: Xfinity Mobile

My experience: Bought 2x LG xcharge for free during a promo several months ago. Took Sim cards out, unlocked both, and sold on secondary market. Put Sim cards in my Verizon s8 and s7 and it has worked well with only random small annoyances (texts show up weird some times if they are long and can't u...
by chessknt
Thu Jan 18, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 7967

Re: Short Commute or Nicer House?

I would take house hands down. I spend a lot more time in the house than the car and I have a rotating list of audio books so I actually look forward to driving.
by chessknt
Tue Jan 09, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Why Roth?
Replies: 7
Views: 1029

Re: Why Roth?

I think it depends on tax bracket and other factors. For example in Pennsylvania you pay taxes on 401k contributions and if you don't intend to retire in that state you might as well convert to a Roth and eat all taxes at once instead of being taxed twice.
by chessknt
Thu Jan 04, 2018 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation, starting late
Replies: 16
Views: 1010

Re: Asset Allocation, starting late

You have good income and 20+ years of work left in you--you have plenty of time. I would make a plug for own occupation disability and life insurance now to protect your (hopefully growing) family against these possibilities. You can still backdoor Roth Ira at your income bracket as well.
by chessknt
Tue Dec 26, 2017 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Landlord vs tenant issue across the country
Replies: 32
Views: 3541

Re: Landlord vs tenant issue across the country

Sounds like a slumlord. No point talking to him any more with that attitude, prepare to lawyer up for this expensive life lesson. Lease language and state laws are what you need now. I know in most states they have to try to fill the vacancy while you pay rent but in some they don't. The lease break...
by chessknt
Sun Nov 26, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3796

Re: Let Go by MegaCorp - Lots of options

Including your home you have approx 4m in assets and an incredible pension around the corner. You can do anything you want and if it were me I'd go with option 2. Find some part time work possibly in a different field you've been interested and enjoy life. If you find yourself wanting to work more a...
by chessknt
Sun Nov 26, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Best auto loan rates?
Replies: 19
Views: 2243

Re: Best auto loan rates?

Lightsream had competitive rates and a very simple process. Loan was also unsecured so I don't have an extra step in terms of auto titling and insurance.
by chessknt
Fri Nov 24, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Electric Car (Nissan Leaf) for a teen driver?
Replies: 43
Views: 3495

Re: Electric Car (Nissan Leaf) for a teen driver?

Finally she wont learn how to maintain a ice car (ie oil change intervals, coolant, timing belt, etc). This statement is going to sound increasingly anachronistic with each passing year, as ICE vehicles become more and more obsolete. Oil changes, coolants, timing belts are not the way of the future...
by chessknt
Fri Nov 17, 2017 9:34 pm
Forum: Personal Consumer Issues
Topic: Electric Car (Nissan Leaf) for a teen driver?
Replies: 43
Views: 3495

Re: Electric Car (Nissan Leaf) for a teen driver?

Get a used civic or camry. The leafs have issues with driver side safety which I would be very concerned with in a new driver. Their batteries are known to degrade and the car will be expensive to repair if mechanical issues arise. The drive and pick up of an electric car is different from a gas car...
by chessknt
Sat Oct 28, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20856

Re: Early-retired 35 year old with $1 million

Major variables I worry you did not account for: 1-social security-You benefit will likely be much smaller given the lower number of work credits which may impact you when your expenses (ie health) go up as you ate 2-health insurance-this is quite expensive on the individual market and could financi...
by chessknt
Wed Oct 11, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Major home maintenance vs return on investment
Replies: 7
Views: 1091

Re: Major home maintenance vs return on investment

FIrst look outside at where the water is coming up against the house or draining in that area. Often simple regrading, or swale, or water redirection, or gutter installation, etc, etc, will take care of the leak without every having to fix the leak. Even if there is a crack, there's no leak if ther...
by chessknt
Wed Oct 11, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: Ecuador safe to travel and hike?
Replies: 21
Views: 2569

Re: Ecuador safe to travel and hike?

Generally safe. I can echo the police commemt-people I was travelling with had copies of their passports instead or the real thing and were.detained for several hours in a police station. Not a shakedown since once someone brought their real passports they were free to go but still seemed a bit aggr...
by chessknt
Wed Oct 11, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Major home maintenance vs return on investment
Replies: 7
Views: 1091

Re: Major home maintenance vs return on investment

No. I didn't notice the flooring slant until i spent some time in the house or pantry door that doesn't close due to a door frame shift until my daughter started playing with it. Couldn't inspect foundation walls due to insulation.
by chessknt
Wed Oct 11, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: SUV options with 3 little kids
Replies: 57
Views: 4363

Re: SUV options with 3 little kids

Agree with minivan, odyssey was among favorites when we looked.

No reason to get awd in a vehicle little kids are in unless you live off a dirt road or something. Appropriate winter tires are far superior for winter driving if that is the concern.
by chessknt
Wed Oct 11, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Major home maintenance vs return on investment
Replies: 7
Views: 1091

Major home maintenance vs return on investment

I have a mobile job and can easily move and find work. I plan on moving in the next 4-5 years and bought a home built in 2014 this year. Since my purchase I have notice a few issues that make me suspicious that there has been major settlement or a foundation issue. I recently found some small water ...
by chessknt
Sat Sep 09, 2017 10:29 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 10890

Re: Contemplating an Electric Car

I strongly considered buying an ev but was deterred by several reasons: their resale value is dismal with the decreasing newer model msrp as technology improves (think circa 2000s pc vs 2010) and multiple unequal tax incentives (a leaf in michigan costs 10k more than a leaf in New Jersey by virtue o...
by chessknt
Mon Aug 14, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 42
Views: 4185

Re: Billing 99212 for rx refill?

If youre sure it was in relation to this visit then no, it does not meet criteria as there was no examination done. A call to their office should fix it. Unlike most professions, doctors are expected to field phone calls for their patients/clients for free.
by chessknt
Thu Jul 27, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover 401k deposited in to Roth IRA on accident
Replies: 1
Views: 268

Rollover 401k deposited in to Roth IRA on accident

I rolled over a 401k to vanguard and the steward of the money mixed up my account numbers (also rolled over roth 403b from same steward) and put all of my money in to my vanguard roth IRA instead. Vanguard suggested using an excess contribution form to withdraw the 401k amount from my vanguard roth ...
by chessknt
Wed Jul 13, 2016 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is my fund selection logical for my goals?
Replies: 8
Views: 699

Re: Is my fund selection logical for my goals?

If I have a fixed asset allocation though I don't see how this is an issue--strict adherence to my AA with rebalancing and dollar cost averaging is my driving philosophy which is why I need to make sure I have it correct and logical since I don't ever plan to deviate except when adjusting my AA at c...
by chessknt
Wed Jul 13, 2016 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is my fund selection logical for my goals?
Replies: 8
Views: 699

Re: Is my fund selection logical for my goals?

Welcome to the forum :) . What accounts are each of these investments in, 401k, IRA, taxable brokerage? How much are you contributing annually to each account? Do you have any debt, if so what types, amounts and interest rates? You can simply add information to your original post using the edit but...
by chessknt
Wed Jul 13, 2016 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Is my fund selection logical for my goals?
Replies: 8
Views: 699

Is my fund selection logical for my goals?

Hello, I recently readjusted my AA and decided I wanted to tilt to value a good bit. I am late to savings (35) but will have a steady 6 figure income until I retire. I will be able to work until I don't want to any more and think growth/risk is more important given my lost decade rather than safety ...