Search found 2705 matches

by FIREchief
Fri Nov 02, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Using drug discount coupons affecting deductible?
Replies: 26
Views: 1586

Re: Using drug discount coupons affecting deductible?

I was in a similar situation earlier this year. HDHP and some expensive prescriptions. My Megacorp medical insurance uses CVS for prescription coverage. I talked to CVS, my medical cost insurer and an independent pharmacy that would be able to use some coupons to provide a large discount. After many...
by FIREchief
Thu Nov 01, 2018 12:33 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

Never turn down a chance to go to Perrys Steakhouse. It is a 6 star winner on a 5 star scale! Great food. We don't have a Perrys nearby that I am aware of. My recent good experience was at a Flemings (and it really was a " super thick delicious free steaks that don't need salt or pepper"). LOL :beer
by FIREchief
Wed Oct 31, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: "Do you have any questions for the interview panel?" Suggestions.
Replies: 14
Views: 1238

Re: "Do you have any questions for the interview panel?" Suggestions.

I'll throw out a different thought. Ask them something about themselves. Most people love to talk about themselves. Ask the panel to tell you about how they advanced to their current (lofty) positions. Ask them what they find most rewarding about working at "xyz." Something along those lines... 8-)
by FIREchief
Wed Oct 31, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

I usually get an invite to an annuity or insurance or estate planning or pre-planned funeral arrangements dinner once a month. I haven't received one for 3 months now. I must be getting a bad reputation as a plate licker. :confused The drought is over. Maggiano's for November 6th! Here comes the an...
by FIREchief
Wed Oct 31, 2018 2:49 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

take-out dinners all paid by us no steaks. You've lost me brother... Is paying for a take out meal that doesn't include steak somehow better than enjoying a super thick filet mignon on somebody else's dime (actually $50)? Why not bring home Olive Garden for your family tonight and then enjoy a trem...
by FIREchief
Tue Oct 30, 2018 2:27 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: Steak Dinner and Annuities: Retirement Product Surges After Fiduciary Rule’s Demise

Housedoc wrote:
Mon Oct 29, 2018 3:32 pm
DarthSage, hang in there. My wife started getting hers last year. Nice for her to take me out for a change!
+1 The fine Italian cuisine invite I posted up thread did come to DW. I'm ready for another one!! Hit me!! :sharebeer
by FIREchief
Fri Oct 26, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

sergeant wrote:
Fri Oct 26, 2018 5:00 pm
There is a good chance that your free dinners will dry up. The scamsters rarely send invites to folks that live in apartments. They target home owners in nicer areas. :D
Yikes!! :oops: Oh well, they were nice while they lasted..... I'm still salivating over that Filet Mignon last night. :P
by FIREchief
Fri Oct 26, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Living Revocable Trust
Replies: 15
Views: 1555

Re: Living Revocable Trust

Rarely would cars be put into a trust. I believe that it is correct that cars are rarely put into a trust. That said, I am not aware of any good reason not to put them into a trust (other than if they have an outstading loan). If they are owned by a trust, successor trustees can easily sell them an...
by FIREchief
Fri Oct 26, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

We rented after downsizing and kids out of the house. We were having coffee in the morning when water started coming through our cabinets which was caused from a pipe breaking. My wife had not moved and was calmly sipping her coffee when I returned from turning off the main valve. She said, "Landlo...
by FIREchief
Fri Oct 26, 2018 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Living Revocable Trust
Replies: 15
Views: 1555

Re: Living Revocable Trust

The attorney also advised us to put the cars in my trust. I declined to do that because in the even of a traffic stop, I would not want a jealous policeman decide to show no mercy. Similarly, in the event of a traffic accident, I would not want the other party to get the idea that I had "deep pocke...
by FIREchief
Fri Oct 26, 2018 4:05 am
Forum: Personal Finance (Not Investing)
Topic: Living Revocable Trust
Replies: 15
Views: 1555

Re: Living Revocable Trust

Here's the deal.... no one on this forum talks about the tax implications (at least that I have read so far) of having a Will only versus having a Will and a Trust. From what I have read (Fed Tax Tables)... it appears Federal Income Tax for income (interest, dividends, stock sales) is vastly differ...
by FIREchief
Fri Oct 26, 2018 3:57 am
Forum: Personal Finance (Not Investing)
Topic: Living Revocable Trust
Replies: 15
Views: 1555

Re: Living Revocable Trust

The attorney also advised us to put the cars in my trust. I declined to do that because in the even of a traffic stop, I would not want a jealous policeman decide to show no mercy. Similarly, in the event of a traffic accident, I would not want the other party to get the idea that I had "deep pocke...
by FIREchief
Fri Oct 26, 2018 3:11 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

Just had the best one yet tonight!! :sharebeer Top steak house in the best part of town. I had one of those fillet mignons that is like 3" high. Perfect medium throughout. So well seasoned that it didn't warrant any salt or pepper. Even pink from top to bottom. Possibly the best flavor I have ever t...
by FIREchief
Fri Oct 26, 2018 2:57 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Generally speaking houses sell better with a minimalist furniture layout. Ie I wouldn't put everything in the garage Thanks. Due to some other excellent feedback since my earlier post, I'm considering listing the house as "furnished" (or "partially furnished") and keeping some better surplus furnit...
by FIREchief
Thu Oct 25, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion math - taxes paid from IRA
Replies: 7
Views: 703

Re: Roth Conversion math - taxes paid from IRA

I get to $50,700 via: $65,000 - ($65,000 x 0.22), with tax withheld from the IRA at $14,300 ($65,000 x 0.22). I didn't rerun your math, but I believe you understand this correctly. It would be the lower $50K amount that would be converted with the remainder of the IRA withdrawal being taxable and u...
by FIREchief
Thu Oct 25, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

As you asked, Good luck, FIREChief! You're all over it. You've got this. I've been on a similar mission myself. Totally with you on the "marital bliss" point btw- a small cost for sure, hahaha. Everyone's situation is specific and different. Do the the best you can within the boundaries of your per...
by FIREchief
Wed Oct 24, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

We are just a few years ahead of you. Dumped the 4500 sq. ft. house for 1850 sq. ft. condo. Seriously downsized stuff we no longer needed, but took all the clothes and kitchen stuff with us. 3 years later, dumped the 1850 sq. ft. condo for a 1560 sq. ft. apartment. The HOA was dysfunctional, and ma...
by FIREchief
Wed Oct 24, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Let’s be contrarian. Keep your house and find a good handy man. Pros: 1. Moving sucks, and will only suck more as you get older. 2. Nice to have extra space and stay in the same place if you like the area. 3. If you have annoying/loud neighbors, bed bugs, bufs, whatever, yes you can always move but...
by FIREchief
Wed Oct 24, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Also, the landlord controls your cost. If they decide to jackup the rent (or sell and the new buyer does), I don't want to be forced into moving. YMMV. Would you also agree that the real estate market ultimately controls your costs? The thought of moving from one small rental to another really does...
by FIREchief
Wed Oct 24, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

You seem not to mind renting, so that's a go. So, if you're renting, why not move (temporarily) to an area that really appeals to you. I did that a couple of years ago and eventually bought a home. Life is short... That's a good thought, but we already live in a very popular retirement area and our...
by FIREchief
Tue Oct 23, 2018 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

I guess mindset has a lot to do with it. I cannot imagine renting at a full time home. I like to do what I want with the place when I want to. I know a lot of other people are less picky. I don't know if "picky" is the right word, but there are certainly different approaches. In my younger years, I...
by FIREchief
Tue Oct 23, 2018 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

In our area, we get 1 free bulk trash pick up every year. You might check with your waste disposal company to see if you have that service. It will save the cost of the bagster disposal. Thanks for the suggestion. Unfortunately, my current waste disposal firm doesn't offer this. We have competition...
by FIREchief
Tue Oct 23, 2018 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Thoughts?? One issue to consider when investing your home equity then renting is that with the investments you will have sequence of returns risk and the invested home equity may not be enough to pay the rent. Buying a condo instead would be worth considering but it would have a different set of pr...
by FIREchief
Tue Oct 23, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Before downsizing We gave a lot of stuff away.. By the time we were finished our possessions took up a quarter of a full size moving van. Downsized to 1400 sq ft. As the years have trickled by I could probably go 1000-800. It takes less and less. :happy It looks like we're currently gravitating tow...
by FIREchief
Tue Oct 23, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

We downsized from a house with guest house plus two sheds into an RV plus 5X7 storage locker. We live full time in the RV and travel around. Started decrapping years before actual retirement. Thoughts: -Used eBay, CL and FB yard sale. Hate haggling so listed ultra low pricing. Overall was OK but yo...
by FIREchief
Tue Oct 23, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

For lower value items, consider donating. I've done a lot of selling on Craigslist and eBay and similar. It is work. I have had good luck and bad luck. I've found it isn't worth the hassle for many things. A garage sale is easier as people come. You control right there if you want to sell for the p...
by FIREchief
Tue Oct 23, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Here's my revised game battle plan: f) Craigs list anything worth any meaningful value that is in the garage Everything you can take a picture of. (tools, furniture, air compressor, etc.) *etc includes extra dishes, pots, pans, exercise equipment, books, kids toys, anything else you can think of. d...
by FIREchief
Tue Oct 23, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Great suggestions all around. Consider renting a larger and nicer place. Later you might be glad you did. Good luck :D Nicer is definitely a consideration. Larger could be a curse if it just encourages more clutter accumulation. We've been debating 2 bdrm vs. 3 bdrm, but won't have or need a "guest...
by FIREchief
Tue Oct 23, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Here's my revised game battle plan: f) Craigs list anything worth any meaningful value that is in the garage Everything you can take a picture of. (tools, furniture, air compressor, etc.) *etc includes extra dishes, pots, pans, exercise equipment, books, kids toys, anything else you can think of. d...
by FIREchief
Tue Oct 23, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Implications of a (very) Appreciated House
Replies: 19
Views: 2128

Re: Tax Implications of a (very) Appreciated House

Probably a good time to remind folks that when a spouse dies, it's a good idea to get a formal appraisal of the house if there are no plans to immediately sell it.
by FIREchief
Tue Oct 23, 2018 4:19 am
Forum: Personal Finance (Not Investing)
Topic: Should I own my home through an LLC?
Replies: 20
Views: 2821

Re: Should I own my home through an LLC?

Does umbrella liability coverage really pay out if a person rents their house out?
by FIREchief
Tue Oct 23, 2018 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 67
Views: 7150

Re: Real Estate Versus Stocks

I have had multiple floods in my ground-floor condo. I only put in a claim for the biggest flood on my homeowner's insurance, and my premiums have gone way up, and if I have another claim within five years, they will drop me. $32,000 worth of damage. Check the CC&Rs before you buy. Our CC&Rs state ...
by FIREchief
Tue Oct 23, 2018 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Tax Implications of a (very) Appreciated House
Replies: 19
Views: 2128

Re: Tax Implications of a (very) Appreciated House

So if you sold the house the same year she went into care, at least you would have a lot of medical tax deductions to help offset her capital gains. We don't have enough information (i.e. when her husband died and what the value of the house was at that point), but we are thinking that if it was fa...
by FIREchief
Tue Oct 23, 2018 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

All kidding aside, I'm with you on the simplicity of renting, esp. since I'm not particularly handy and have never had any interest in being a landlord. (All props to those who are and who do, btw: I've read your posts on this forum and have nothing but respect.) Having been a homeowner, when anyth...
by FIREchief
Tue Oct 23, 2018 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

Two possible concerns come to mind. (1) Moving away from family (possibly to be in a nicer climate). (2) Renting into the jaws of an inflation which catches you, as a renter, by surprise. You may miss your family and you may get priced out of a home. If these are not a concern, renting might be a g...
by FIREchief
Tue Oct 23, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Re: Empty nester downsizing - any advice?

The biggest obstacle to downsizing is the clutter you have accumulated. You should immediately attack and eliminate the clutter so that you can take advantage of a good downsizing opportunity that comes along. Putting things in storage is not a reasonable solution. +1. OP, how much clutter do you h...
by FIREchief
Mon Oct 22, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5484

Empty nester downsizing - any advice?

Probably a common situation. Adult children have left the nest and DW and I are left with a large paid-for house that we don't need. We're thinking about selling the house, banking the money and just cash flowing the rent at a nice apartment complex. We've previously owned several other houses and r...
by FIREchief
Tue Oct 16, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]
Replies: 54
Views: 4947

Re: Huge drops in VTXVX and VTHRX

ralphs007 wrote:
Mon Oct 15, 2018 6:57 pm
I hardly ever check my accounts,but I signed in tonight,to transfer some money out of my money marked account.I almost fainted when I saw the 18.47 drop! I live in a one story house,so I couldn't even jump off my roof. :oops:
Why can't you jump off the roof of a one story house? :confused
by FIREchief
Mon Oct 15, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Kids and Money
Replies: 38
Views: 1874

Re: Kids and Money

(1) Pretend we have less money than we have. We live well below our means anyway, so it would be pretty easy. But I’m not a fan of being dishonest with our kids. How is not telling your child (or anybody else) how much money you have being dishonest? :confused I generally prefer that everybody who ...
by FIREchief
Mon Oct 15, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

I simply don't get that. Now if they called the firm and said "I will never buy your products. While you are talking and presenting, I will be tuning you out and playing with my phone. When you reach the XX minute mark, I will get up and leave". If the company says "no problem, come anyway", then t...
by FIREchief
Mon Oct 15, 2018 12:23 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

After that one, H and I decided we prefer not to dine where we will be asked to make an appointment. We rather pay for a meal and not have anyone try to pitch anything to us—our curiosity was satisfied. I was never asked to make an appointment. It was offered, but I just ignored it. :confused This ...
by FIREchief
Sun Oct 14, 2018 2:08 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

I've got a new gig. Focus Groups! Went to one this morning. Walked out with $150 cashola in my pocket. I've been on several lists but have not been selected or been otherwise engaged for a year or so. This was an hour and a half with snacks provided. This was questions about our city & growth issue...
by FIREchief
Sun Oct 14, 2018 2:04 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

I'm always perplexed at the effort that some people put into getting free things, or very discounted things, that show little valuation for their time or personal information. Effort?? LOL!!! They send me an invite. I make a phone call. I eat a delicious free meal. Where's the effort in that?? :con...
by FIREchief
Sun Oct 14, 2018 1:51 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

appointments. The pitch is always for annuities. One advisor asked me to leave when I told him that I subscribe to the Bogle investing philosophy. Was this at the dinner or a follow up appointment? It varies. The ones that tell you upfront at the dinner aren't trying to hide anything. The others al...
by FIREchief
Sat Oct 13, 2018 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: Get rid of my Roth IRA?
Replies: 30
Views: 1954

Re: Get rid of my Roth IRA?

Is this a joke?? :confused
by FIREchief
Sat Oct 13, 2018 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: $50,000: Should I buy now or wait for the market to drop further?
Replies: 43
Views: 7083

Re: $50,000: Should I buy now or wait for the market to drop further?

sksbog wrote:
Sat Oct 13, 2018 11:38 pm
Why not divide $50,000 into 12 months and buy each month according to your AA? That way you are not market timing.
The best time to buy stocks is "now." The best time to sell stocks is "never." So, buy now!
by FIREchief
Sat Oct 13, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Balance Billed Illegally?
Replies: 14
Views: 1052

Re: Medical Balance Billed Illegally?

MJT7665 wrote:
Sat Oct 13, 2018 12:14 pm
Can I reasonably expect to get more than my money back?
No.
by FIREchief
Sat Oct 13, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7814
Views: 1605654

Re: U.S. stocks in freefall

I just check our annuities. . .no change. . . still kicking out the same old percentage. +1 8-) Do check in again when the market is soaring and tell us more about this percentage!! :sharebeer That's what my Risk Portfolio is for. Those of us with liabilities matched sleep well in good markets and ...
by FIREchief
Sat Oct 13, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

mickeyd wrote:
Sat Oct 13, 2018 12:27 pm
Enjoy the meal, but don't drink the Kool-Aid.
Bravo!! This quote should become the thread title! :sharebeer
by FIREchief
Sat Oct 13, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36305

Re: free dinner investing seminar

FIREchief wrote:
Thu Oct 11, 2018 2:48 pm
He promised to keep it to an hour and actually wrapped it up in about 55 minutes.
WildBill wrote:
Sat Oct 13, 2018 11:07 am
Three hours out of my life listening to nonsense from people I do no respect while eating food that is not good for me?
One of these things is not like the other..... :P