Search found 25 matches

by HobbesMB
Thu Dec 12, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: State Taxes: Interesting State Border Towns? (E.g., Low Income Tax, Property Tax, Sales Tax combo?)
Replies: 6
Views: 431

Re: State Taxes: Interesting State Border Towns? (E.g., Low Income Tax, Property Tax, Sales Tax combo?)

Most (all?) states with a sales tax also impose a use tax that requires you to declare untaxed items and pay the local sales tax on them. So those purchases made over the border are still taxed in your home state. While a significant majority of people fail to comply with this requirement (or are un...
by HobbesMB
Tue Apr 30, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: I'm not going to run out
Replies: 62
Views: 9397

Re: Retirees: I'm not going to run out

We've had a historic bull market run. Lots of people who might have had legitimate concerns when retiring in the last 10 years have been soothed by terrific market returns. It's getting increasingly difficult to draw any conclusions about retirement viability based on anecdotal evidence from the coh...
by HobbesMB
Sat Apr 20, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 303
Views: 36220

Re: "The best and worst U.S. states for retirement"

I wish money magazine kept that website going. Is there any other website you have found with similar capabilities? I think my number 1 would be weather/climate, 2 affordability (including taxes), 3 decent healthcare, 4 desired activities available (astronomy/computer club, Tai Chi master, beach or...
by HobbesMB
Tue Mar 19, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: College for average kids
Replies: 123
Views: 13192

Re: College for average kids

Our oldest is the one who is probably barely college material. He's the one we are looking at steering towards the military or firefighting academy. Don't forget the trades as an option as well. There is a huge shortage of skilled tradespeople and jobs will be plentiful for the long foreseeable fut...
by HobbesMB
Wed Mar 13, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Please share early strategies to build retirement home?
Replies: 8
Views: 799

Re: Please share early strategies to build retirement home?

I have no advice on your specific query, but I would offer a caution. Depending on your time frame before retirement be aware that you may have different ideas about where you would like that retirement home to be than you do now. I have two friends that purchased their "retirement home" a number of...
by HobbesMB
Wed Mar 13, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: MMM on pbs newshour
Replies: 9
Views: 3064

Re: MMM on pbs newshour

Obviously the interview predates his divorce. The impact of divorce on the finances of an early-retiree would be an interesting avenue for exploration. Many retirees (early or not) will experience this kind of significant disruption to their carefully-made plans. For those that frequent his site doe...
by HobbesMB
Mon Mar 11, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for house in net worth, expenses
Replies: 66
Views: 4238

Re: Accounting for house in net worth, expenses

I track my net worth in Personal Capital (because it is easy). You can set up a link to the Zillow value of your house and Personal Capital will automatically update that number. Every 2-3 months I update the outstanding balance on my mortgage as listed on my mortgage statements. This number doesn't...
by HobbesMB
Thu Mar 07, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: 2019 Mazda CX-5 Grand Touring or Honda CR-V EXL
Replies: 69
Views: 6386

Re: 2019 Mazda CX-5 Grand Touring or Honda CR-V EXL

http://www.goodcarbadcar.net/2019/03/february-2019-ytd-u-s-suv-and-crossover-sales-rankings-every-suv-ranked/ Honda is still selling a bunch of CR-V' s despite all the complaints and issues. :confused The CR-V is number 2 in YTD sales behind Nissan Rogue. I am not sure if fleet/rentals have boosted...
by HobbesMB
Thu Mar 07, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: 2019 Mazda CX-5 Grand Touring or Honda CR-V EXL
Replies: 69
Views: 6386

Re: 2019 Mazda CX-5 Grand Touring or Honda CR-V EXL

Motor Trend just did a comparison of the current crop of top CUV contenders: [Motor Trend] The New Normal: Toyota RAV4 vs. Honda CR-V vs. Subaru Forester vs. Nissan Rogue and Five Other CUVs The Results: 1st Honda CR-V - The start-up chime should be DJ Khaled's "All I Do Is Win." 2nd Mazda CX-5 - Be...
by HobbesMB
Tue Feb 26, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?
Replies: 95
Views: 6788

Re: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?

If it is your money, it is your saving. There are only 4 categories: income, taxes, saving, and expense. KlangFool Klang, I'm curious... how do you account for money set aside for larger, irregular expenses, such as housing repairs or appliance replacement, or future car purchases? Do you count fun...
by HobbesMB
Tue Feb 19, 2019 4:37 pm
Forum: Personal Consumer Issues
Topic: KeyHero? Home Depot?
Replies: 28
Views: 3145

Re: KeyHero? Home Depot?

I have a spare key stashed in a discreet location on my property. A determined thief could probably locate it if they spent enough time looking. But anybody that determined would just break a window and gain quick access.
by HobbesMB
Mon Dec 17, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and separate accounts - how does it work?
Replies: 98
Views: 5792

Re: Marriage and separate accounts - how does it work?

We have one joint account that is really just a formality and otherwise everything is separate. We split mortgage and utilities 50/50 by one spouse transferring 1/2 of our total monthly average cost for these items to the joint account and the other spouse paying the utilities and transferring the ...
by HobbesMB
Mon Nov 12, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 72
Views: 3212

Re: How long have you had, or did you have, your HP-12C calculator?

I've had my HP-11C since starting college in 1985 and it still works perfectly. I have a 15C I keep at the office that is around 20 years old, also works perfectly. They both get used constantly, particularly the 15C. RPN with a stack and tons of storage locations just makes lengthy or complex calcu...
by HobbesMB
Wed Aug 15, 2018 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 109
Views: 19516

Re: Downloadable Social Security Benefit Estimator (repost)

The graphs are OK, but it would be nice to have an annualized SS dollar amount and the % & $ increase relative to the prior year added to the table. Can you elaborate on what you mean by annualized SS dollar amount? The actual earnings, the SS maximum, and the indexed earnings are shown in the tabl...
by HobbesMB
Fri Aug 10, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 10051

Re: Biggest Threats to Financial Well-Being

Taking loans/money out of your retirement accounts. Money needs to go in and stay in to enjoy the benefits of compounding. Too many people use loans against that money to finance all sorts of expenses they don't need.
by HobbesMB
Tue Jun 05, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: SS calculator for estimated amount $ working min years 40 quarters or fixed # of years
Replies: 12
Views: 1097

Re: SS calculator for estimated amount $ working min years 40 quarters or fixed # of years

Neurosphere has an excellent spreadsheet linked in this thread:

Downloadable Social Security Benefit Estimator (repost)

It does exactly what you want, and it's easy to play around with adding or subtracting additional years of earnings and quickly seeing the results at various claiming ages.
by HobbesMB
Thu May 31, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Profile: The Road to 1Million USD
Replies: 42
Views: 9491

Re: Profile: The Road to 1Million USD

You're still young, so a lot can change over the years. But this might give you some idea of savings time frames. As mentioned, the $1 million number isn't magic. It's really your living expenses that drive your retirement target number. The Savings Rate Grid - Four Pillar Freedom https://i2.wp.com/...
by HobbesMB
Wed May 30, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 9665

Re: Can we retire in 2018?

But why would someone retire young and only live off of 50% or less of there income. Why not work longer and secure the 70-80% that will help secure a good retirement income. I doubt many are living off 50% of there income for 20-30 years then retire. It takes many 30 years to pay off there house. ...
by HobbesMB
Fri Apr 06, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 97
Views: 10847

Re: Permanent DINK couples - Considerations, thoughts, etc?

Being DINKs but living a modest lifestyle has allowed us to save a lot of money even without particularly high incomes, and we'll be retiring in 3 years (age 53). Then we'll spend the next 40 or so years doing whatever we want. The list of things we want to do in retirement is huge. We didn't have k...
by HobbesMB
Sun Mar 18, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: London Hotels
Replies: 59
Views: 5270

Re: London Hotels

We spent 3 nights in London last year and stayed at the Staybridge Suites London in Vauxhall. The place was truly a gem, and only cost us $185 a night. Everything is newly remodeled, and the rooms have a kitchenette. The place is very nice. The free breakfast was really nice also. It's walking dista...
by HobbesMB
Sun Mar 11, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 66
Views: 6885

Re: Men's Cologne

Please, no cologne at work. Who are you trying to impress with your scent at the office anyway?

Even if nobody at work has ever complained about your cologne, I can promise you there are people there who are wishing you would stop wearing it.
by HobbesMB
Mon Feb 26, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What is your credit score?
Replies: 38
Views: 2577

Re: What is your credit score?

850 for FICO based on TransUnion.
829 for FICO based on Experian.
by HobbesMB
Sun Feb 25, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Alaska Princess Cruise: Shore excursions?
Replies: 21
Views: 1735

Re: Alaska Princess Cruise: Shore excursions?

Thanks! I’m starting to see themes. For Skagway, how did you feel about the bus and train. Would you have rather done all train? Or did the bus allow you to go farther on the train? It looks like our ship will go into Glacier Bay (won’t stop there for an excursion) so that should be good. And I wil...
by HobbesMB
Sat Feb 24, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Alaska Princess Cruise: Shore excursions?
Replies: 21
Views: 1735

Re: Alaska Princess Cruise: Shore excursions?

My wife and I did a similar cruise a couple of years ago. We're not much for group tours, so we only did a couple of organized excursions, but enjoyed them both. We didn't book through the cruise line, even though we were aware of the warnings about the ship not waiting for late tours. The companies...
by HobbesMB
Thu Oct 19, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Best NorthEast US Golf Getaway
Replies: 1
Views: 335

Re: Best NorthEast US Golf Getaway

Ocean City Maryland is an excellent destination for a golf getaway. They have tons of excellent courses and are very golf-focused. Plus, you're by the ocean and they have good bars/restaurants for just this kind of group weekend.