Search found 231 matches

by NJdad6
Thu Aug 06, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Compare the state tax across states - California, Florida
Replies: 28
Views: 2091

Re: Compare the state tax across states - California, Florida

Why do people move for tax reasons in their retirement? I'm not in that stage yet but I figure I will be my most wealthy at that time. Why wouldn't I just live wherever I want? It is to preserve nest egg for their kids? At this point in my life I think some people are just like that. They don't app...
by NJdad6
Thu Aug 06, 2020 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Compare the state tax across states - California, Florida
Replies: 28
Views: 2091

Re: Compare the state tax across states - California, Florida

Why do people move for tax reasons in their retirement? I'm not in that stage yet but I figure I will be my most wealthy at that time. Why wouldn't I just live wherever I want? It is to preserve nest egg for their kids? Why wouldn’t this be a consideration? Maybe retirees don’t want to pay $20k pro...
by NJdad6
Sat Jul 25, 2020 3:56 pm
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 251
Views: 26683

Re: What surprised you the most once you retired?

Can we hear some "negative" surprises in retirement? Positive and negative are in the eye of the beholder. What about a diagnosis of pancretic cancer? Point taken, I was more referring to the implication all the previous posts had been positive. In other words what some people see as a great way to...
by NJdad6
Wed Jul 22, 2020 11:10 am
Forum: Personal Consumer Issues
Topic: top suvs for tall driver & good mpg
Replies: 36
Views: 2351

Re: top suvs for tall driver & good mpg

I am 6'6 and 65 years old (not as nimble as in youth). Son # 1 is 6'9 and son #2 is 6'7. Wife is 5'11. I drive a Chevy Equinox - on my second one after Jeeps. Plenty of leg and head room, not only for me, but to place sons 1 and 2 in rear seat. My #1 son has a Hyundai Santa Fe and he fits, as do I ...
by NJdad6
Wed Jul 22, 2020 7:04 am
Forum: Personal Consumer Issues
Topic: top suvs for tall driver & good mpg
Replies: 36
Views: 2351

Re: top suvs for tall driver & good mpg

I am taller than you and found Hyundai and Kia to be a good choice.

I have found that the legroom/headroom numbers help but you need to sit in the vehicle. Subaru tends to have high legroom numbers but the dash layout and other features make them very tight for me.
by NJdad6
Wed Jul 22, 2020 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Best option to pay for large unexpected expense
Replies: 40
Views: 2613

Re: Best option to pay for large unexpected expense

Get quotes from tree removal companies. I got a few quotes to remove 3 very large oak trees (80-100’ tall) of around $7k. Reached out to another (insured company) and they did it for $3500. I live in a HCOL area. $15k is way out of line.

They removed the stumps as well. This was in 2019.
by NJdad6
Wed Jun 24, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: Pilot, Highlander or CX-9
Replies: 64
Views: 5927

Re: Pilot, Highlander or CX-9

I agree that you should look at the Kia and Hyundai. Rated higher than the 3 you mentioned. Both very nice but I prefer the looks of the Kia. Your wife might be impressed when she gets to test drive one. However they are in high demand so may not be readily available or a low cost option.
by NJdad6
Mon Jun 01, 2020 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for Potential Relocation to West Palm Beach
Replies: 18
Views: 1344

Re: Advice for Potential Relocation to West Palm Beach

Wife and I lived in nearby Jupiter for a few years. WPB very nice area. Compared with what I’m accustomed to in Michigan it was a surprise how much $$ permeates the WPB, PBG, and jupiter area. Cost of living was considerably higher for groceries, restaurants, and activities (golf) than suburban Mic...
by NJdad6
Thu May 28, 2020 3:48 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 7940

Re: NJ property taxes too high. What are my alternative states?

Not to derail this thread, but does it make sense for someone in NJ who owns a home in FL to make the FL home their primary residence so they do not have to pay income tax? Say if the person works and lives in NJ but travels to FL regularly and/or invests in property there. In theory but you have t...
by NJdad6
Thu May 28, 2020 2:57 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 7940

Re: NJ property taxes too high. What are my alternative states?

Which cities in Florida have better restaurants and more culture than NJ? I think the question should be posed the other way around. Off the bat Tampa, Miami, Fort Lauderdale (Las Olas), parts of the Keys, Naples area, Palm Beach, St. Augustine. All very beautiful, unique cultural centers with world...
by NJdad6
Thu May 28, 2020 2:12 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 7940

Re: NJ property taxes too high. What are my alternative states?

Liberals have destroyed New Jersey just like they ruined NY and California. Insane taxes and insane policies. People are fleeing these states in droves. DW and myself are moving to Florida as soon as we can (Another year or 2). Can't wait! I like Florida for about a week in the winter. I wouldn't w...
by NJdad6
Mon May 25, 2020 1:52 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 88
Views: 5752

Re: New Vehicle: Forester or Rav4 for boglehead couple

Include Hyundai, Kia and Mazda on your list. Higher reliability than Subaru or Honda. Should get more bank for your buck when buying used vs. Toyota or Honda.
by NJdad6
Sun May 24, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 7940

Re: NJ property taxes too high. What are my alternative states?

I have never understood why New Jersey, with all the tourist attractions, an entire coastline, casino's, and neighbored to New York has any budget issues. 1) State pensions and retirement healthcare. 2) A ridiculous amount of townships with their own police, fire, EMT, and school systems. 3) Poor c...
by NJdad6
Thu May 21, 2020 2:05 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1424

Re: Can I afford to buy an expensive guitar?

You can probably afford it but do you want to. Have you played this guitar or other Taylor guitars? Are you set on this one or just looking for a high end guitar? I play (not well) and recently was looking to add another guitar. Was thinking about a Martin but had a problem spending that much. After...
by NJdad6
Tue Apr 07, 2020 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35196

Re: Retirement Friendly States

That is absolutely true. But, depending on the service, in some cases you end up paying for it directly instead of through your taxes, so the net savings is not as much as people think. Maybe. But remember that not everyone desires the same level of services and so would not pay for them directly. ...
by NJdad6
Thu Apr 02, 2020 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 45828

Re: College in fall

College is tremendously overpriced even if the classes are in person and not on-line. This crisis will completely transform US universities. Prices are obscene. US universities will look completely different in 3-4 years. And prices will drop significantly. Disagree. There will be little to no long...
by NJdad6
Thu Apr 02, 2020 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: College choice dilemma
Replies: 167
Views: 8024

Re: College choice dilemma

A bit of apples and oranges here. Princeton all-in is $76,000 a year. Your child received a scholarship for tuition at Vanderbilt. That still leaves the $23,000 a year that Vanderbilt estimates for room, board, books, medical, travel, personal expenses, etc. Therefore, the savings at Vanderbilt is ...
by NJdad6
Thu Apr 02, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: College choice dilemma
Replies: 167
Views: 8024

Re: College choice dilemma

Why is this even a question? Vanderbilt is the obvious choice. It is an elite college on par with other top ivy level schools. This is not a Princeton vs State U decision.

Congrats and enjoy Nashville.
by NJdad6
Tue Mar 31, 2020 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 45828

Re: College in fall

College is tremendously overpriced even if the classes are in person and not on-line. This crisis will completely transform US universities. Prices are obscene. US universities will look completely different in 3-4 years. And prices will drop significantly. Disagree. There will be little to no long...
by NJdad6
Sun Feb 16, 2020 1:46 pm
Forum: Personal Consumer Issues
Topic: I bought Consumer Reports lowest rated car...
Replies: 76
Views: 9378

Re: I bought Consumer Reports lowest rated car...

So less then the number of Sears shoppers. Sears is a retail store. This is a magazine. I see no correlation. Sears closes stores every few months. They will be gone in a few years if not sooner. CR has expanded their total readers. i do, sears is a dying brand that reminds me of the 70's just like...
by NJdad6
Fri Feb 14, 2020 3:31 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28099

Re: Protection Against Home Intruders

Deleted
by NJdad6
Fri Feb 14, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: state income tax
Replies: 10
Views: 734

Re: state income tax

what kind of tradeoffs do states without income tax make? schools? or do they make up the lost income somewhere else? States without income tax do one of the following: - have higher than average total sales tax - have higher than average property taxes - provide lower than average services (school...
by NJdad6
Mon Feb 03, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: $3 million the new rule of thumb?
Replies: 653
Views: 51143

Re: $3 million the new rule of thumb?

Just to add: In terms of baseline expenses, there is a lot of variability based on geography. For example, if you live in NJ or CT, you might have a paid off house but your taxes could be 20-25k per year. Live in the burbs: you need a car, so that has a price/cost. Those people may have baseline ex...
by NJdad6
Mon Jan 27, 2020 3:22 pm
Forum: Personal Consumer Issues
Topic: First Visit to Keys and Marathon, FL
Replies: 25
Views: 2392

Re: First Visit to Keys and Marathon, FL

Hogfish grill is great. It is just over the bridge from Key West. You go through an industrial area to a nice marina. Good food right on the water. Manatees were swimming next to our table. It was pretty cool. Cold PBR on tap.
by NJdad6
Thu Jan 16, 2020 11:32 am
Forum: Personal Consumer Issues
Topic: AAU basketball, college scholarships and career options/choices
Replies: 59
Views: 2644

Re: AAU basketball, college scholarships and career options/choices

Some good and misleading info posted here. The numbers are correct. There are few D1 basketball scholarships. Being the best in the court is not good enough. You need to be one of the best in the state meaning first or second team all state. You also need exposure on a high ranked AAU team playing i...
by NJdad6
Thu Jan 09, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20764

Re: Living in a HCOL and making a middle class salary is a struggle

Folks, I am not interested in being in the middle class. A) The median US household income is around 60K. I am not interested in earning that much. I want to earn a multiple of that. B) The median household does not have a net worth anyway close to 1 million. Most of my neighbors do not have a net ...
by NJdad6
Thu Jan 09, 2020 2:59 pm
Forum: Personal Consumer Issues
Topic: Large Purchase on Credit Card
Replies: 38
Views: 3315

Re: Large Purchase on Credit Card

Absolutely put on the card. You have additional warranty/loss protection and recourse if something goes wrong with the transaction. Probably won’t happen. I used Blue Nike in the past and they were great Also CALL YOUR CREDIT CARD COMPANY and let them know you will be making this transaction. Make s...
by NJdad6
Thu Jan 09, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20764

Re: Living in a HCOL and making a middle class salary is a struggle

you may not be familiar with the tristate. the jobs are here, in NYC and immediate suburbs. not an hour or two into PA, NY or NJ. issue is, i'm in a role that is transferable and have no real need for NYC. i am competing with finance, big law and tech professionals who probably out earn us to the c...
by NJdad6
Wed Jan 08, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20764

Re: Living in a HCOL and making a middle class salary is a struggle

you may not be familiar with the tristate. the jobs are here, in NYC and immediate suburbs. not an hour or two into PA, NY or NJ. issue is, i'm in a role that is transferable and have no real need for NYC. i am competing with finance, big law and tech professionals who probably out earn us to the c...
by NJdad6
Wed Jan 08, 2020 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20764

Re: Living in a HCOL and making a middle class salary is a struggle

@ImmigrantSaver- Morristown There are towns closer in that are possibilities: Madison Chatham Maplewood West Orange Whippany Livingston Cedar Grove Again, not inexpensive, but possibilities. No way. Would take 90 minutes+ to commute to Westchester. Horrible way to live. I understand how the OP feel...
by NJdad6
Sun Jan 05, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: Please vote for a car option
Replies: 57
Views: 4615

Re: Please vote for a car option

I bought a new 2018 Sonata during April 2018. So far, I haven't had any trouble with it, but I only have 4K miles on it so far (I'm retired and don't drive much). The 5 year bumper-to-bumper warranty was a real selling point back then vs. the 3 year warranty on other cars. I looked at a 2018 Camry ...
by NJdad6
Sun Jan 05, 2020 9:55 am
Forum: Personal Consumer Issues
Topic: Please vote for a car option
Replies: 57
Views: 4615

Re: Please vote for a car option

I'm surprised 5 isn't a more common answer. I'm biased. I purchased a 2009 Hyundai Sonata when my NW was low. My sister had the Camry and it was worlds better than my Sonata. However, it costs more and my Sonata did everything her Camry could do. The Sonata has since been handed down to my mom and ...
by NJdad6
Sat Jan 04, 2020 5:00 pm
Forum: Personal Consumer Issues
Topic: Please vote for a car option
Replies: 57
Views: 4615

Re: Please vote for a car option

I bought a new 2018 Sonata during April 2018. So far, I haven't had any trouble with it, but I only have 4K miles on it so far (I'm retired and don't drive much). The 5 year bumper-to-bumper warranty was a real selling point back then vs. the 3 year warranty on other cars. I looked at a 2018 Camry ...
by NJdad6
Fri Dec 13, 2019 6:36 pm
Forum: Personal Consumer Issues
Topic: Lodging in Rome
Replies: 30
Views: 2247

Re: Lodging in Rome

The area around Termini is convenient to the trains but not very nice (understatement) and far from the primary sights. I would not stay in that area. Don’t have specific recommendations but try to stay near the Spanish Steps. Great location in the middle of everything.
by NJdad6
Fri Dec 13, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: What are you giving (or asking) for Christmas?
Replies: 77
Views: 5501

Re: What are you giving (or asking) for Christmas?

Last year I bought a pair of enChroma glasses for my brother for Christmas. He's red/green colorblind (the most common form) and these glasses correct that somewhat. He loves his glasses. He loved seeing poinsettias last Christmas and he loved seeing the changing colors of the leaves on trees this ...
by NJdad6
Fri Dec 13, 2019 3:20 pm
Forum: Personal Consumer Issues
Topic: Hyundai Palisade - A good option?
Replies: 35
Views: 4154

Re: Hyundai Palisade - A good option?

Toyota or Honda. Then . . . . I believe the Hyundai and Kia are rated higher than either the Pilot or Highlander. Both are most likely better built with higher reliability expectations than the Honda. Probably on par with Toyota. I did check out the Palisade at a dealer while I was there for someth...
by NJdad6
Thu Dec 12, 2019 4:13 pm
Forum: Personal Consumer Issues
Topic: Hyundai Palisade - A good option?
Replies: 35
Views: 4154

Re: Hyundai Palisade - A good option?

Toyota or Honda. Then . . . . I believe the Hyundai and Kia are rated higher than either the Pilot or Highlander. Both are most likely better built with higher reliability expectations than the Honda. Probably on par with Toyota. I did check out the Palisade at a dealer while I was there for someth...
by NJdad6
Thu Dec 12, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2015
Views: 216157

Re: [What TV Show Have You Recently Watched?]

vasu100 wrote:
Sun Dec 01, 2019 11:54 am
The Kaminsky Merhod on Netflix. Binge watched both seasons. Loved it. Big stars. Great writing. And I can relate to the storyline. Recommended
+1. Danny DeVito was great!
by NJdad6
Thu Dec 12, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: Looking to replace original sliding patio door
Replies: 20
Views: 1459

Re: Looking to replace original sliding patio door

We replaced a builders grade model in our old house with Anderson sliders that looked like French Doors. Very good quality and were very happy with them. They had a great integrated locking system. Would definitely get again if needed. The installation is important so ask around for someplace reputa...
by NJdad6
Thu Dec 12, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: What are you giving (or asking) for Christmas?
Replies: 77
Views: 5501

Re: What are you giving (or asking) for Christmas?

Not a fan of the season. Should be like the olympics and done once every 4 years. :D Most of the adults don’t exchange. Maybe a bottle of wine or box of goodies. Wife and I don’t exchange either. One set of our parents expect gifts (have been trying to ween them off this for years). Have been modera...
by NJdad6
Mon Dec 09, 2019 5:07 pm
Forum: Personal Consumer Issues
Topic: Do you subscribe to Consumer Reports?
Replies: 57
Views: 4035

Re: Do you subscribe to Consumer Reports?

I used to. But I decided it wasn't worth it for me any longer. So I cancelled my print subscription, and signed up for digital. Then I dropped the digital access. Perhaps if furnishing a new home, replacing appliances, or buying a new vehicle I would find it useful. Those type purchases aren't freq...
by NJdad6
Mon Dec 09, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: Preventative car maintenance (oil changes) costs
Replies: 55
Views: 3953

Re: Preventative car maintenance (oil changes) costs

I think Amsoil is overpriced. Pennzoil Platinum is almost as good for $15 a jug at Pep Boys after rebate. Pair with a Fram Ultra (gold can) and you should be good. The Fram (arguably the best filter made according to some on that oil site listed above) is made for synthetic oil and can go 20,000 mil...
by NJdad6
Mon Dec 09, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35196

Re: Retirement Friendly States

It’s not so clear that higher taxes and spending leads to better services. DC spends almost $20,000 per student on its public schools but one reason we left is we would never send our child to a public school there. Where we live now spends roughly half per student and has a far superior school sys...
by NJdad6
Mon Dec 09, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 12030

Re: How much money can retirees really save by moving to a state without income tax?

Here is another perspective: https://www.cdc.gov/mmwr/volumes/68/wr/mm6810a7.htm The cost of living is dramatically reduced if you're dead. There are a number of reasons to describe these results. Good and bad places in every state. I would hope that if I did move to one of the highlighted states I...
by NJdad6
Mon Dec 09, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35196

Re: Retirement Friendly States

That is absolutely true. But, depending on the service, in some cases you end up paying for it directly instead of through your taxes, so the net savings is not as much as people think. Maybe. But remember that not everyone desires the same level of services and so would not pay for them directly. ...
by NJdad6
Mon Dec 09, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35196

Re: Retirement Friendly States

as has been pointed out states have to fund services somehow. To be fair, some states offer far fewer (and/or lower quality) services. But in general, the tax base has to come from somewhere. That is absolutely true. But, depending on the service, in some cases you end up paying for it directly ins...
by NJdad6
Thu Dec 05, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 12030

Re: How much money can retirees really save by moving to a state without income tax?

Here is another perspective: https://www.cdc.gov/mmwr/volumes/68/wr/mm6810a7.htm The cost of living is dramatically reduced if you're dead. There are a number of reasons to describe these results. Good and bad places in every state. I would hope that if I did move to one of the highlighted states I...
by NJdad6
Thu Dec 05, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 12030

Re: How much money can retirees really save by moving to a state without income tax?

We changed our domicile from Illinois to Florida. Instantly, the income tax we paid went away. Property tax for the Florida place is actually $5,000 lower than the Illinois place, but the value of the Florida place is double the Illinois place (and FL value increasing, IL declining). The sales tax ...
by NJdad6
Wed Dec 04, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 15145

Re: High income and college costs question

I was just scrolling through the scholarship website at one of the schools DS was accepted to and it is very clear which scholarships are merit only and which have a need-based component. It specifically states that FAFSA needs to be filled out for the need based, but you would receive full conside...
by NJdad6
Wed Dec 04, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 15145

Re: High income and college costs question

College applications and acceptance can be highly variable and more of an art then science. They attempt to apply scientific principles and best practices based upon past experiences. Times change and so does what society places and emphasis as “important”. Today’s valuable skill may be obsolete or...