Search found 75 matches

by westrichj312
Tue Jan 16, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 75
Views: 5530

Re: Can We Retire in Hawaii? Please Critique

You have plenty to retire on in Hawaii just live within your means and enjoy yourself.
by westrichj312
Mon Jan 15, 2018 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Do Preferred securities let you sleep well at night?
Replies: 13
Views: 856

Re: Do Preferred securities let you sleep well at night?

check out the vrp as an alternative to the big preferred index pff. It is libor adjusted if interest rates rise in the future you will do a little better and have far more protection. It pays around 4.8% therefore, if you drop a million into it you will receive about 48 thousand per year to live off...
by westrichj312
Mon Jan 08, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: Best Phone Plan for 1 person
Replies: 86
Views: 3654

Re: Best Phone Plan for 1 person

My kids are on the tmobile pre paid with unlocked I Phones. we pay 30 per month with unlimited talk and text with some data limitations. They use alot of Wifi in the house therefore they never need more data and they are on the phones many hours per day. I also have an unlocked IPhone and use the tm...
by westrichj312
Mon Jan 08, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: takata air bag inflator recall
Replies: 2
Views: 317

takata air bag inflator recall

Anybody have any advice as I have a tier 1 (most dangerous) 2009 pontiac vibe with a takata front airbag recall and none of the GM dealers have the parts in Illinois as of yet. I have been dealing with this problem for well over a year and just received my third notice from pontiac/gm telling me to ...
by westrichj312
Thu Jan 04, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Assisted Living cost > person's pension
Replies: 24
Views: 1897

Re: Assisted Living cost > person's pension

Medicade covers all 100%
by westrichj312
Thu Jan 04, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: ID theft and check cashing fraud
Replies: 87
Views: 4464

Re: ID theft and check cashing fraud

This happens a few thousand times a day in the USA. If you think you are going to ask the local police department to assign an investigator to something this small you are mistaken.
by westrichj312
Wed Jan 03, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: South Florida visit in early March
Replies: 20
Views: 1367

Re: South Florida visit in early March

Gulfstream Park racetrack. During that month the best horses in the country will be there prepping for the Kentucky Derby.
by westrichj312
Sat Dec 30, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Need advice on Inherited? Annuity IRA Multiple Beneficiary
Replies: 10
Views: 641

Re: Need advice on Inherited? Annuity IRA Multiple Beneficiary

Amounts are small I would just take out lump sum and pay the taxes. Otherwise your taking a little each year and still paying the taxes.
by westrichj312
Fri Dec 29, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA with low income but high net worth
Replies: 39
Views: 2379

Re: FAFSA with low income but high net worth

You can cut those numbers by about 70% and your still getting ZERO.
by westrichj312
Wed Dec 27, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: The car dealership model needs to die
Replies: 85
Views: 4456

Re: The car dealership model needs to die

Just a matter of time before Amazon attacks this marketplace also.
by westrichj312
Sat Dec 23, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 6434

Re: Do you include your house in your net worth if you own it outright?

It is approximately 95% of most people's largest asset - YES!
by westrichj312
Sat Dec 23, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 58
Views: 6709

Re: Early retirement pros and cons:

The biggest pro for early retirement if you can afford it is TIME. I retired at 47 i am now 52. I have had 5 years of doing what ever I want that means alot of walking, biking and sitting out at swimming pools in the summer. I am never bored. If you wait to long you might just drop dead in your late...
by westrichj312
Fri Dec 22, 2017 9:13 am
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 165
Views: 27895

Re: Where to retire in Florida?

everyone I know swears by the Villages, largest retirement community in the world and lots of fun.
by westrichj312
Thu Dec 21, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: New job offer - background check
Replies: 140
Views: 7386

Re: New job offer - background check

there is no requirement to give notice to your current job. When they can you or someone they give you about 5 minutes notice and a box for your crap.
by westrichj312
Wed Dec 20, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 6384

Re: Can I afford it: Dodge Challenger

Call Susy Orman!
by westrichj312
Fri Dec 15, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: costco auto insurance
Replies: 20
Views: 10463

Re: costco auto insurance

If you are a good driver nobody beats Geico.
by westrichj312
Thu Dec 14, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance - How Do You Evaluate?
Replies: 23
Views: 1557

Re: Homeowner's Insurance - How Do You Evaluate?

my place in IL about the same home value, my premium is $771.00 per year with american family. Only diff is I carry a 2500 deductible. I change carriers about every 2 years and get the rate reduced by shopping around that is KEY.
by westrichj312
Thu Dec 14, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 6225

Re: Reached 50X annual spending. Now what?

OMG enjoy your life and spend!
by westrichj312
Mon Dec 11, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 55
Views: 3676

Re: Can/Should early retiree avoid ACA tax credits?

I am in the same boat retired at 50 wife is 49. Our net worth is approximately 2.6M but our AGI last year was 37,000 so not only do we get a nice subsidy both our children in college get free healthcare and dental through CHIP IL. Makes it much easier to retire early. Why would anyone feel guilty by...
by westrichj312
Mon Dec 11, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Sprint one year free - what an ordeal!
Replies: 12
Views: 1656

Re: Sprint one year free - what an ordeal!

Come on now, nobody is giving free cell service for one year without STRINGS! How could an unlocked phone work on the sprint network anyways?
by westrichj312
Fri Dec 08, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Mold remediation quote
Replies: 29
Views: 1272

Re: Mold remediation quote

bleach 2 bucks 2 spray bottles at the dollar store and your done in a half hour for under 5 bucks!
by westrichj312
Thu Dec 07, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 5062

Re: I received a speeding ticket via mail from IA - should I pay it?

As long as you don't live in IA toss it in the can.
by westrichj312
Fri Dec 01, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: retirement strategy
Replies: 24
Views: 2777

Re: retirement strategy

with only needing 40K per year to live you will never have to touch the principle. Live a little and spend unless your comfortable just giving the money to your heirs to spend when your gone.
by westrichj312
Wed Nov 29, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Dental bill four years after service
Replies: 32
Views: 3752

Re: Dental bill four years after service

Toss it out as it probably has gone to collections. It will fall off your credit report in a few years and is no big deal, especially if your retired and don't need a top notch credit report anymore. we haven't payed a hospital bill in 15 years.
by westrichj312
Thu Nov 23, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Capital loss on Roth conversion question
Replies: 10
Views: 635

Re: Capital loss on Roth conversion question

That is why an IRA is a terrible commission based product Fine the guy who sole it to you and thank him for nothing.
by westrichj312
Wed Nov 22, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6222

Re: Best vehicle for seniors?

an uber so they don't kill us on the road - LOL.
by westrichj312
Wed Nov 22, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 10710

Re: What are the things you want to do between 55 and 65?

for me it would be a 35 year old wife.
by westrichj312
Wed Nov 22, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 5524

Re: Advice to become wealthy

best chance for most is to marry someone with a rich family!
by westrichj312
Wed Nov 22, 2017 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Check my portfolio
Replies: 14
Views: 1503

Re: Check my portfolio

without your age, goals, etc. its pointless to comment.
by westrichj312
Tue Nov 21, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 26719

Re: Why not take Social Security at 62

My strategy is to take it as soon as eligible weather you need it or not. You never know how long your going to live, sometimes its the right choice sometimes it's not. If's strickly a bet on how long your going to live!
by westrichj312
Sun Nov 19, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Do we need disability insurance
Replies: 52
Views: 6132

Re: Do we need disability insurance

You don't need it. If you see a condition coming on later in life go get a job at almost any company and you will have it. Starbucks for example for 3 months and you have it free. Get a cheap term life policy for 3 to 4 hundred a year you will have a half million dollar policy on say a 20 year level...
by westrichj312
Sat Nov 18, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 10234

Re: Retirees: I got this!!

It's not the end of the world if you run out of money the government will still house, feed, provide full medicade. You might be surprised how well some people live broke in retirement!
by westrichj312
Tue Nov 14, 2017 7:27 pm
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3501

Re: The World's Negative Interest Rate Experiment

when it ends it's going to end real BADLY!!!
by westrichj312
Mon Nov 13, 2017 6:49 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 1539

Re: At what rate of return would you keep a whole life policy?

In general, whole life policies are for suckers. They are sold by salesman trying to make commissions. Sorry.
by westrichj312
Wed Nov 08, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Living Off Savings to Max Retirement Accounts?
Replies: 27
Views: 2953

Re: Living Off Savings to Max Retirement Accounts?

Tax deferred is great but it's not the end all for free money as the taxes will have to be payed eventually and when tou do the tax rates just might be higher than they would be for you right now.
by westrichj312
Mon Nov 06, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI planning
Replies: 57
Views: 4831

Re: ACA MAGI planning

enjoy reading these replys as I retired at 50 and my wife and I are in the same boat we keep are line 37 under the 72,000 mark for the subsidies
by westrichj312
Thu Nov 02, 2017 8:29 am
Forum: Investing - Theory, News & General
Topic: Robert Prechter, Elliott Wave theorist, Fox Business today
Replies: 24
Views: 1998

Re: Robert Prechter, Elliott Wave theorist, Fox Business today

if you believe in the wave you might as well believe in the little green man coming down from space!
by westrichj312
Sat Oct 28, 2017 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Pay off the car or not?
Replies: 25
Views: 2175

Re: Pay off the car or not?

easy one pay it off.
by westrichj312
Wed Oct 25, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Package addresssed to my address, someone else's name, on house I am selling
Replies: 35
Views: 2930

Re: Package addresssed to my address, someone else's name, on house I am selling

I would open it up and keep it as it might have some value. finders keepers.
by westrichj312
Wed Oct 18, 2017 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Transferring IRA account from Etrade to Credit Union
Replies: 5
Views: 370

Re: Transferring IRA account from Etrade to Credit Union

I would reconsider switching from ETrade to a credit union as your options and costs going forward will be severely limited. There is just no way to compare those two along with their options. Thats like switching from a cadillac to a Volvo
by westrichj312
Sat Oct 14, 2017 7:36 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 11092

Re: 2018 ACA costs arrived

most priemiums went up last year between 20 and 100% so 2018 should look pretty good for most of you complainers with the 10 to 20% range.
by westrichj312
Fri Oct 13, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Tax issue: Made a mistake on Inherited IRA RMDs for five years
Replies: 40
Views: 3411

Re: Tax issue: Made a mistake on Inherited IRA RMDs for five years

OMG ignor my last post I did not see the IRA designation I was just assuming it was a inherited mutual fund.
by westrichj312
Fri Oct 13, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Tax issue: Made a mistake on Inherited IRA RMDs for five years
Replies: 40
Views: 3411

Re: Tax issue: Made a mistake on Inherited IRA RMDs for five years

I am assuming this is an inherited annuity ira right? because an inherited regular $18,000 ira has no taxes what so ever (step-up value) the rules for taking RMD's from an annuity are very different and you are not avoiding the taxes till retirement.
by westrichj312
Thu Oct 12, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3494

Re: Mechanic expects me to pay for his mistake

you have no proof the mechanic screwed up. You really expect them to pay for your old car repairs?
by westrichj312
Thu Oct 12, 2017 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax issue: Made a mistake on Inherited IRA RMDs for five years
Replies: 40
Views: 3411

Re: Tax issue: Made a mistake on Inherited IRA RMDs for five years

for such a small amount why would you take the every year route with the RMD's. Just take it all year one pay the tax its not worth the trouble as your going to pay the tax anyways.
by westrichj312
Mon Sep 11, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance when not in flood plain?
Replies: 39
Views: 3868

Re: Flood Insurance when not in flood plain?

if your not in a flood plain you don't need it. :confused
by westrichj312
Mon Sep 11, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Checkup - Physician nearing end of Training
Replies: 27
Views: 2861

Re: Retirement Checkup - Physician nearing end of Training

OMG wait about 20 years please. just save as much as you can, tomorrow is not promised enjoy yourself and LIVE everyday.
by westrichj312
Fri Sep 08, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: inherited annuity question?
Replies: 19
Views: 1627

Re: inherited annuity question?

I would never consider one in a million years.