Search found 1042 matches

by TN_Boy
Sat Sep 14, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: Do you trust Microsoft updating your Windows 7 machine?
Replies: 28
Views: 1366

Re: Do you trust Microsoft updating your Windows 7 machine?

Now that Microsoft has announced that they will no longer support Windows 7 in 2020, I noticed that the volume of their updates have increased a bit. Frankly, I do not trust them. I am thinking they are trying hard to make a perfectly good system obsolete, hoping that consumers will go out and purc...
by TN_Boy
Fri Sep 13, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 5462

Re: Whistleblowing / Going Rogue at Work

The only question that matters is why you took this path in the first place. I took this path because I wanted senior leadership to understand what's truly going on and how poorly this project is being run. Nothing illegal/illicit going on with the project, I just wanted to highlight how poorly the...
by TN_Boy
Fri Sep 13, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 5462

Re: Whistleblowing / Going Rogue at Work

A couple additional comments - I'm only peripherally involved in this project essentially I'm a stakeholder driving requirements and it's the team delivering that's failing - My boss is closer to being involved in the project, but even the shapers of the project are a level or 2 above him - the (ne...
by TN_Boy
Fri Sep 13, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Helping elderly parents manage finances - pros and cons
Replies: 30
Views: 2327

Re: Helping elderly parents manage finances - pros and cons

I did the same with my mother. Took over the investing well over 20 years ago, she handled the day to day. A few years back, when after taking over my in-law's day to day, I eventually convinced my mother to let me do that for her , i.e. setting up utilities on autopay, charging them to the credit ...
by TN_Boy
Fri Sep 13, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Helping elderly parents manage finances - pros and cons
Replies: 30
Views: 2327

Re: Helping elderly parents manage finances - pros and cons

I'm 75, and I'm starting to get annoyed/a little scared at the way I'm treated by strangers and semi-strangers. Some idiot asked me if I knew how to use email (I've been programming since the 1960s.) Twice when seeing a new health provider I've been asked stuff like can I manage cooking! or driving...
by TN_Boy
Mon Sep 09, 2019 2:20 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett's Investing Plan for His Family: Why It's a Good Plan for Your Family, Too"
Replies: 78
Views: 7804

Re: "Warren Buffett's Investing Plan for His Family: Why It's a Good Plan for Your Family, Too"

In the accumulation years, a 90/10 portfolio, while more aggressive than I like and non-diversified internationally, doesn't sound like a terrible plan. Beyond that context, the idea of a one-size fits all portfolio seems bad. I have trouble believing Mr Buffett has a good grasp -- no matter his in...
by TN_Boy
Mon Sep 09, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: "Warren Buffett's Investing Plan for His Family: Why It's a Good Plan for Your Family, Too"
Replies: 78
Views: 7804

Re: "Warren Buffett's Investing Plan for His Family: Why It's a Good Plan for Your Family, Too"

90/10 all the way down to 50/50, it doesn't really matter, it's the same thing preached here in the 3F more or less. Buffet doesn't recommend 90/10 for people with less than 50x expenses I wouldn't guess. You'd only be guessing. We've had a couple of threads on Buffet's advice for everyone else (i....
by TN_Boy
Mon Sep 09, 2019 9:25 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 102
Views: 7174

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

Wade writes: "The 4% rule may work for today’s retirees, but it is far from a sure bet or a “safe” spending strategy." Curious to hear what other people think about this article. I'm aware that MC simulations have serious limitations but I think they can be interesting nonetheless. It seems like a ...
by TN_Boy
Sun Sep 08, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: LTC Monthly Coverage Amount
Replies: 12
Views: 848

Re: LTC Monthly Coverage Amount

TN_Boy..... Off the top of my head, as the records are at my Dad's, the yearly premium was about $3500. The policy was issued 19+ years ago. The policy, with inflation factors, is today worth just under $300,000, with a monthly max payout of $6000. His basic Assisted living is $4800/mo plus additio...
by TN_Boy
Sun Sep 08, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: LTC Monthly Coverage Amount
Replies: 12
Views: 848

Re: LTC Monthly Coverage Amount

Staying in your own home with 24/7 care is probably the most expensive way to handle the need for true full time care. This is definitely true if the home would not be needed otherwise. I doubt that very many people have coverage for that. I also do not think it is useful to compare policies that w...
by TN_Boy
Sat Sep 07, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: Can you lose money by buying CDs?
Replies: 24
Views: 2214

Re: Can you lose money by buying CDs?

I'm sorry, I still don't understand your statement. As an example, suppose I have $200,000 in an IRA. Of that 200k, $30k is in brokered CDS. Time for an RMD of $2,000. But I have 2k sitting in a money market account ready to go. Surely I don't have to sell my brokered CDs in this situation? I under...
by TN_Boy
Sat Sep 07, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: Can you lose money by buying CDs?
Replies: 24
Views: 2214

Re: Can you lose money by buying CDs?

Thanks for the update. The information was accurate at the time of the post (2014). Vanguard has since updated the website, but buried that info in another document. From: Investing in CDs & individual bonds | Vanguard Then: Certificate of Deposit Disclosure Statement PDF (applies to Vanguard broke...
by TN_Boy
Sat Sep 07, 2019 9:31 am
Forum: Investing - Theory, News & General
Topic: Can you lose money by buying CDs?
Replies: 24
Views: 2214

Re: Can you lose money by buying CDs?

Use caution if you have a brokered CD in an IRA. If you have an upcoming RMD (Required Minimum Distribution), the CD must be sold. See the wiki: Brokered CDs I'm confused. I skimmed the wiki entry and the referenced thread on brokered CDs at Vanguard but got lost in the weeds. I didn't see where yo...
by TN_Boy
Fri Sep 06, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Are you thinking about having a home healthcare aide instead of moving to a retirement home?
Replies: 33
Views: 2325

Re: Are you thinking about having a home healthcare aide instead of moving to a retirement home?

Per those comments about the (in)adequacy of care in ALFs, yes I agree. My mother would always be saying that she was paying for "assisted" living but getting no assistance, and that's not far from what we've experienced. You do have meals, housekeeping, med administration, and general supervision....
by TN_Boy
Fri Sep 06, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: Are you thinking about having a home healthcare aide instead of moving to a retirement home?
Replies: 33
Views: 2325

Re: Are you thinking about having a home healthcare aide instead of moving to a retirement home?

If my health became such that I needed significant care (more than a couple hours per day), I assume that I would need help with managing my entire daily life — cooking, grocery shopping, housekeeping, home maintenance, finances, doctor’s appointments, etc. I would not burden my children with havin...
by TN_Boy
Fri Sep 06, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: LTC Monthly Coverage Amount
Replies: 12
Views: 848

Re: LTC Monthly Coverage Amount

My Dad's Genworth policy is paying 100% of his Assisted Living costs. This cost is somewhat less than his monthly limit of $6000 per month limit. So his annual premium is about one month's cost in the facility? Most of the policies I've seen "waive" the premium once you are "on claim." Does your da...
by TN_Boy
Thu Sep 05, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I'm surprised so many people here are blaming the consumers for an issue that is due to the airlines greed in charging for something that used to be free, and should be free. When they sell seats, they should be required to assign you a seat. Problem solved. If you don't like the seat assignment, y...
by TN_Boy
Thu Sep 05, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I'm surprised so many people here are blaming the consumers for an issue that is due to the airlines greed in charging for something that used to be free, and should be free. When they sell seats, they should be required to assign you a seat. Problem solved. If you don't like the seat assignment, y...
by TN_Boy
Thu Sep 05, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: Are you thinking about having a home healthcare aide instead of moving to a retirement home?
Replies: 33
Views: 2325

Re: Are you thinking about having a home healthcare aide instead of moving to a retirement home?

….I'm not sure remaining at home and depending on home healthcare aides is a more economic solution.... Since 2015 my spouse and I are managing with home health aides for her and expect to do so for as long as possible. It'll be either aides at home or a nursing home. Her condition is complicated a...
by TN_Boy
Thu Sep 05, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

Predicting a correct budget has been a challenge for me. Five years ago, I made a "forward" budget, which meant for about five years later. Now, almost every item in that budget was insufficient. In particular, home insurance has doubled. Travel expenses have doubled. Expenses like phone, internet,...
by TN_Boy
Thu Sep 05, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: Are you thinking about having a home healthcare aide instead of moving to a retirement home?
Replies: 33
Views: 2325

Re: Are you thinking about having a home healthcare aide instead of moving to a retirement home?

For your consideration, there are also personal care homes (PCH).These are state-regulated small faculties, typically rum by an individual or family in their own home. Each personal care home accepts 2-5 residents typically. The PCH provides homemade meals, any needed personal assistance like washi...
by TN_Boy
Thu Sep 05, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: LTC Monthly Coverage Amount
Replies: 12
Views: 848

Re: LTC Monthly Coverage Amount

scotgirl100 wrote:
Thu Sep 05, 2019 11:33 am
I have a Genworth policy. I chose the amount based on cost of a specific nursing home that had superior care. The policy benefits are $9,900 per month and 5% compound.
Could I ask what the yearly cost was of that insurance? And could other folks responding give the cost as well?
by TN_Boy
Thu Sep 05, 2019 8:36 am
Forum: Personal Consumer Issues
Topic: Are you thinking about having a home healthcare aide instead of moving to a retirement home?
Replies: 33
Views: 2325

Re: Are you thinking about having a home healthcare aide instead of moving to a retirement home?

It's a continuum, and it depends on what your other support elements are. If there is family in town that can manage your doctor's appointments and other health needs, then a few hours a day from a health aide might be a good substitute for moving into a retirement community. But if your only inter...
by TN_Boy
Thu Sep 05, 2019 8:29 am
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

WHat happens if one of you get bumped off the flight ? That being said, even if you all get seated in different rows, there is a good chance other people on the flight will be willing to trade seats with you so that you can kind of sit together No, especially if everyone in your party has a middle ...
by TN_Boy
Thu Sep 05, 2019 8:26 am
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2263

Re: Self insured Long Term Care Fund

Beehave, Thanks for the response! First, appreciate the love for the TN soldiers. I was unfamilar with Edmond's story and had to look it up -- thanks much for mentioning him. Alvin York's story of course is better known. Ironically (given that TN is the volunteer state) York was drafted, and I susp...
by TN_Boy
Thu Sep 05, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

Well, putting together a budget is a pretty good idea. Knowing what you have been spending is a big confidence boost. Here is (short version) what we did: First looked at tax returns going back about a decade. From those, I can glean what we spent each of those years (basically, AGI minus taxes, mi...
by TN_Boy
Wed Sep 04, 2019 8:49 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

Here is another way to think about this. All you care about, apparently is $400. That's your problem. It's not all I care about, and it's not a problem. I have $400. I just think I would rather save the $400 and let the airline choose my seats in this case, and spend the $400 on other goods and ser...
by TN_Boy
Wed Sep 04, 2019 8:07 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

Flying sucks. Welcome to modern aviation "for families". Perhaps consider travel that does not require being treated as a second class citizen? -TheDDC If you look at the price of flying compared to what it used to be, it's a bargain, considering the time/distance value. Granted, the seats keep get...
by TN_Boy
Wed Sep 04, 2019 8:04 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I definitely would not be offended if someone in this situation offered me $50 to switch seats (like it seems everybody else would be), but this is a perfect example of why it would have to be something extremely important for me to fly with my family. Flying is such a PITA doing alone, have no int...
by TN_Boy
Wed Sep 04, 2019 8:01 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I don't understand why it is so hard for some people to say no. I've been asked to give up my seat before, and I simply decline. I'm not talking about elderly, disabled, or special needs passengers, but by regular passengers who didn't get two seats together, preferred the aisle, suffered from clau...
by TN_Boy
Wed Sep 04, 2019 7:57 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

Perhaps, but there will be some procedures that the crew and gate personal are supposed to follow in this situations. Once you're at the airport, though, if you are too insistent that you know company procedures better than they do, they may just demand that you follow flight crew orders as a matte...
by TN_Boy
Wed Sep 04, 2019 7:54 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

in what world is that remotely fair? You are saving to the tune of $80/ticket, yet you offer $50/seat to someone who has presumably also had to pay $80 extra to get that specific seat (if the other person was also in basic economy, no big deal, as s/he just pocketed $50, but if s/he had to pay for ...
by TN_Boy
Wed Sep 04, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

in what world is that remotely fair? You are saving to the tune of $80/ticket, yet you offer $50/seat to someone who has presumably also had to pay $80 extra to get that specific seat (if the other person was also in basic economy, no big deal, as s/he just pocketed $50, but if s/he had to pay for ...
by TN_Boy
Wed Sep 04, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I'm traveling with 2 adults and 3 small children (ages 4 through 6) soon. I can save $400 or more by choosing Basic Economy instead of Regular Economy. These are the downsides of Basic Economy: --No carry-on bags: no problem. I hate bags anyway. --No re-schedule or refunds: I'm willing to take the ...
by TN_Boy
Wed Sep 04, 2019 7:06 pm
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2263

Re: Self insured Long Term Care Fund

My questions deleted .... My response follows, but I just want to say in advance I know I should have edited this down because it's so long, but somehow when I try to do that it fouls things up. So, here goes and sorry about the length. :oops: :sharebeer * * * Response To TN_Boy's questions and any...
by TN_Boy
Wed Sep 04, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I'm traveling with 2 adults and 3 small children (ages 4 through 6) soon. I can save $400 or more by choosing Basic Economy instead of Regular Economy. These are the downsides of Basic Economy: --No carry-on bags: no problem. I hate bags anyway. --No re-schedule or refunds: I'm willing to take the ...
by TN_Boy
Wed Sep 04, 2019 2:12 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I can't imagine how you travel with three little kids and bring no luggage at all, unless you are paying to check a bag or two. We do it routinely. We are very lean and don't bring luggage even if it's free. We are visiting family and have everything we need on the other end of the flight. Anything...
by TN_Boy
Wed Sep 04, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I have flown United quite a bit recently, sometimes basic economy and sometimes with friends who booked basic economy. If the plane is rather empty then the gate agents have had no problems assigning seats near each other. If the plane is full, they will not reseat anyone with assigned seats to kee...
by TN_Boy
Wed Sep 04, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6850

Re: First-hand experiences with United Basic Economy for families?

I have flown United quite a bit recently, sometimes basic economy and sometimes with friends who booked basic economy. If the plane is rather empty then the gate agents have had no problems assigning seats near each other. If the plane is full, they will not reseat anyone with assigned seats to kee...
by TN_Boy
Wed Sep 04, 2019 11:56 am
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2263

Re: Self insured Long Term Care Fund

snip For me, the best place to keep funds intended for LTC are in pre-tax IRA or 401K funds because under current laws their withdrawal can be tax favored if for the purpose of LTC. snip I wanted to ask about this point separately. I assume you are referring to the fact that LTC costs may be tax de...
by TN_Boy
Wed Sep 04, 2019 10:33 am
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2263

Re: Self insured Long Term Care Fund

Insurance is a contract, so the idea of "self-insurance" implies at least a very strong personal commitment, which to me is better represented by a bucket than by co-mingled funds. However, just like the "contact" one makes with oneself is a virtual contract, so too the bucket one creates to suppor...
by TN_Boy
Tue Sep 03, 2019 6:17 pm
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2263

Re: Self insured Long Term Care Fund

Thanks, I was thinking just to put 100,000 into Vanguard Wellington then just ignore it in my portfolio. I may need more and may need less, but after 30 years it should triple and can be used for home health care or some facility. Estimates are for <3 years. but just have it in Wellington and one o...
by TN_Boy
Tue Sep 03, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider your house as part of your bond portfolio?
Replies: 52
Views: 2216

Re: Do you consider your house as part of your bond portfolio?

I'm curious if most Bogleheads heads consider their paid off house as part of their bond portfolio? I have about 20k to go and am trying to figure out how I should consider a paid off house. A house is not a bond. It does not pay me interest every month. And it costs me money in upkeep. I do consid...
by TN_Boy
Tue Sep 03, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: How to import children’s winter coats?
Replies: 10
Views: 1398

Re: How to import children’s winter coats?

We work with several non profits that have a need for winter puffer coats in school age sizes. For the last two years we were able to buy at Sears on sale at good prices but they have pretty much shutdown in Dallas. We have seen listings at good prices at Alibaba from China but we are concerned abo...
by TN_Boy
Tue Sep 03, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 92
Views: 10106

Re: this time it's different

I can tell you this. Things are getting worse and worse. If things go as most experts say they will, we would be better off investing outside the stock market. You think they will get worse than, for example, 1929 and the worldwide great depression? Or how about 1939? Somehow the world, and the wor...
by TN_Boy
Tue Sep 03, 2019 9:11 am
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 61
Views: 7487

Re: Learnings/Regrets from last two recessions

Rebalance all the way down and all the way up. That's the lesson. From 2000 to 2003 I had a lot less money in investments and I didn't know much about investing. Thus I did nothing (other than my usual 401k contributions). Doing nothing was a lot better than panic selling, of course. 2008 was diffe...
by TN_Boy
Tue Sep 03, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Internet security and vpn
Replies: 35
Views: 2806

Re: Internet security and vpn

Yes I am paranoid or maybe just cautious. What about hard wiring directly into router/modem. Does that make any difference in level of security? Wired is probably a bit more secure. Though, if you have your wireless turned on (for other devices) and those devices are on the same network as your wir...
by TN_Boy
Tue Sep 03, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Internet security and vpn
Replies: 35
Views: 2806

Re: Internet security and vpn

The free Opera Web Browser includes a VPN https://www.opera.com/. Opera has been in use since 1994 https://en.wikipedia.org/wiki/Opera_(web_browser) It's not a full blown vpn service: https://thebestvpn.com/reviews/opera-vpn/ It is free. But if you are really paranoid, it might not offer the protec...
by TN_Boy
Mon Sep 02, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: Best college towns in the Southeastern US for retirees?
Replies: 80
Views: 8400

Re: Best college towns in the Southeastern US for retirees?

I'm surprised to see NC recommended more than once. It has a pretty high income tax rate and retirement account withdrawals are not exempt. There is more to retirement living than tax considerations. I'm not being snarky, but the many positive things about NC are why it gets so many recommendations...
by TN_Boy
Mon Sep 02, 2019 7:43 pm
Forum: Personal Consumer Issues
Topic: Best college towns in the Southeastern US for retirees?
Replies: 80
Views: 8400

Re: Best college towns in the Southeastern US for retirees?

I'm surprised to see NC recommended more than once. It has a pretty high income tax rate and retirement account withdrawals are not exempt. There is more to retirement living than tax considerations. I'm not being snarky, but the many positive things about NC are why it gets so many recommendations...