Search found 188 matches

by baconavocado
Wed Nov 14, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4241

Re: Does Early Retirement Make You Live Longer?

The Social Security Administration has a life expectancy calculator that gives completely different results than the study cited by OP: https://www.ssa.gov/planners/lifeexpectancy.html That calculator estimates lifespan based only on gender and date of birth. It doesn't consider your age at retirem...
by baconavocado
Sat Nov 03, 2018 12:47 am
Forum: Personal Consumer Issues
Topic: Which Prius or something else?
Replies: 25
Views: 1602

Re: Which Prius or something else?

The Prius is a very high quality car. We're on our second one now. We have a plug-in and with relatively short local trips and frequent recharging, we average about 90 mpg. It's also very comfortable on long trips. I don't think there is really good driver viability with the standard Prius coupe bec...
by baconavocado
Fri Nov 02, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 5311

Re: My Grandmother has 80% stocks

You would need to know the total size of her portfolio and how much she is spending per year, and is likely to spend in the next 5 years, to know if her AA is too aggressive. E.g, if she has a large enough balance in the bond portion of her portfolio to cover her all her expenses for the next 5-10 y...
by baconavocado
Fri Nov 02, 2018 10:12 pm
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2372

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

We subscribe to online access for NYT, Wapo, and The Guardian. I think it's particularly important these days to support good journalism. It's really the backbone of our democracy. I'd also like to subscribe to our local papers, but as you say, the costs can rapidly add up. So far, most of the local...
by baconavocado
Mon Oct 29, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Tire rotation - low mileage car
Replies: 36
Views: 1917

Re: Tire rotation - low mileage car

I only rotate them every 10K miles, regardless of how many months or years it takes to accumulate that many miles (although, if the tire rotation comes up near an oil change interval, I'll delay or move up one or the other so I can do both on the same day). If you're only putting 5-6K miles/yr on yo...
by baconavocado
Mon Oct 29, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Ancestry DNA changed my background
Replies: 32
Views: 4390

Re: Ancestry DNA changed my background

I mailed in my spit a week ago, still waiting.

I figured, if any of my relatives are up to anything illegal maybe my DNA profile will help to catch them.
by baconavocado
Sun Oct 28, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9264

Re: Girlfriend's Student Loans

I would never pay on a loan for someone that I'm not married to, but would it be unreasonable for me to focus on increasing my income and stacking cash in preparation for tackling this loan one day? I agree with not paying for her loans before you are married. I would focus on building up your reti...
by baconavocado
Sun Oct 28, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: why split property tax payment with SALT limit; why itemize?
Replies: 19
Views: 2290

Re: why split property tax payment with SALT limit; why itemize?

Can anyone confirm if this is true for 2018 California Tax Return if I don't itemize Federal Tax Return? I might have to collect and report all the small itemization deduction items after all to optimize state tax return. Itemize Deductions on the State Level If the itemized deductions for your sta...
by baconavocado
Wed Oct 24, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Reaction to Market
Replies: 71
Views: 7648

Re: Reaction to Market

Looks like bonds held their value.
by baconavocado
Wed Oct 24, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: What keeps you up at night?
Replies: 56
Views: 6098

Re: Retirees: What keeps you up at night?

Mitchell777 wrote:
Wed Oct 24, 2018 10:08 am
My health. I've had a dozen friends, close relatives, and former colleagues die between the ages of 55 and 67. Does not keep me up at night although I wish I could sleep as well as when I was in my 20's and 30's.
Same w/me, although I usually sleep quite well.
by baconavocado
Wed Oct 24, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Dental Mishap
Replies: 46
Views: 4816

Re: Dental Mishap

I agree that it seems like a pain in the butt for everyone all around, especially your son, but fortunately not permanently disabling since they were baby teeth. I would probably get a new dentist and orthodontist, tell my friends and associates to avoid these two doctors, and try to forget about it...
by baconavocado
Mon Oct 22, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7702

Re: For those who paid off house - how did you do it?

We did a combination of #1 (always paid more than the minimum monthly payment since the start of the mortgage), and (#4?) whenever we accumulated or were paid a lump sum of cash, like from a bonus or unexpected tax refund, we mailed it in as a principal payment. We paid off a 30 y mortgage in 10 yea...
by baconavocado
Sun Oct 21, 2018 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5640

Re: 8 reasons why pensions are [good]

No apology offered. I didn’t say you were lying, I said they were lying. It would probably be a good idea for any of us presenting sensational and hard to believe information to identify what they are talking about. Some of the posts prior to yours were referring to the federal government, so it ap...
by baconavocado
Sun Oct 21, 2018 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5640

Re: 8 reasons why pensions are [good]

Not sure where you got this information, but it’s totally false. You can’t leave a full federal annuity to anyone. No one can deed their full federal pension benefits to another person. What they can do is designate anyone as a beneficiary of their lump sum death benefit which would include any amo...
by baconavocado
Sun Oct 21, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5640

Re: 8 reasons why pensions are [good]

Here's something that's even better: getting a lifetime pension starting in your 20s or 30s. I knew some married couples who both worked for the government and had one or two children. One or both parents would name a child as the beneficiary of the pension instead of their spouse since the spouse w...
by baconavocado
Fri Oct 19, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Met with an FA today.
Replies: 12
Views: 2622

Re: Met with an FA today.

Hmmm, complex annuities and market timing - I'd say those are two good reasons to head for the door, check that you still have your wallet, and get the heck out of there.
by baconavocado
Thu Oct 18, 2018 9:44 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8482

Re: When to change tires; and what brand

I live in the desert with very little rain. I'm retired, so when it does rain I'm typically at home. I buy new tires when they reach the wear indicators (2/32"). If I were leaving on a driving trip and they were 4/32" or below I'd consider purchasing earlier. You really are frugal!!! :beer Me too! ...
by baconavocado
Thu Oct 18, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 79
Views: 4934

Re: Personal Adventure - recommendations

Consider randonneuring- long distance riding. This is an organized sport both national and international. People of all ages participate. Lots of fun, requires planning, logistics, training and endurance, not unlike single handing. Rusa.org Why not ride around the world? Here's a route already mapp...
by baconavocado
Sat Oct 13, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Drop in MPG (09 Civic)
Replies: 24
Views: 1388

Re: Drop in MPG (09 Civic)

That's a huge drop, it must be something major. As others have suggested, I would check the required maintenance schedule against the service history as a starting point. Make sure everything is being replaced when it needs to be replaced. 90K isn't that much for a Honda. I usually notice a transien...
by baconavocado
Fri Oct 12, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: Honda routine maintenance costs in Boston?
Replies: 12
Views: 923

Re: Honda routine maintenance costs in Boston?

What you got was a $400 oil change. I suspect that at least half of what you paid goes towards the 60" TV + hot coffee + donuts + wifi in the lounge, courtesy shuttle, "service advisors" who make you feel like a VIP, and the valets who wash your car and bring it to you after the service with the a/c...
by baconavocado
Wed Oct 10, 2018 10:06 pm
Forum: Personal Consumer Issues
Topic: Route-66 trip recommendations
Replies: 39
Views: 2278

Re: Route-66 trip recommendations

For some reason the RT 66 road trip is heavily promoted in the UK and Europe. While it's a romantic reminder of days past, very little of the original road remains and what is left is kinda boring. Imho, the time and money would be better spent elsewhere. I agree with this. Having driven through So...
by baconavocado
Wed Oct 10, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 102
Views: 9876

Re: When will you backup the truck on stocks

TomatoTomahto wrote:
Wed Oct 10, 2018 6:33 pm
When I have cash, I invest it.
munemaker wrote:
Wed Oct 10, 2018 6:35 pm
Don't time the market. Stay the course.
+1
+1

No one can time the market.

If you have cash that's waiting for a certain % downturn, you're losing money because you're out of the market.
by baconavocado
Wed Oct 10, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: Hiking NH White Mountains. Taking one lens.
Replies: 25
Views: 1096

Re: Hiking NH White Mountains. Taking one lens.

Thanks for posting this, I got a lot of good ideas for my next hiking trip.
by baconavocado
Mon Oct 08, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 295
Views: 19133

Re: Talk me out of buying a Tesla Model 3

Went to a wedding recently. The bride's parents had just bought a new Tesla Mod 3. Her extended family was all over the dance floor, draining the kegs, having a good time. The groom's parents (related to us) had just bought a 4-year old Prius with low miles. His extended family, much smaller, were ...
by baconavocado
Mon Oct 08, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 295
Views: 19133

Re: Talk me out of buying a Tesla Model 3

Went to a wedding recently. The bride's parents had just bought a new Tesla Mod 3. Her extended family was all over the dance floor, draining the kegs, having a good time. The groom's parents (related to us) had just bought a 4-year old Prius with low miles. His extended family, much smaller, were b...
by baconavocado
Sat Oct 06, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: "The Business Man and The Fisherman"
Replies: 9
Views: 2068

Re: "The Business Man and The Fisherman"

Nice article, Taylor. Time really is the true currency of life.
by baconavocado
Mon Sep 24, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3427

Re: $450 for 1.5 hour plumbing job normal?

This is why I try to do almost all of my own car and house repairs and maintenance. There is absolutely no making sense of what trades people charge. I highly recommend youtube videos. I was forced to hire to hire a plumber about 10 years ago to fix a leaky shower valve - I didn't have time and the ...
by baconavocado
Sun Sep 23, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 11673

Re: Minimalist Lifestyle

I think you would have a very uninteresting life if you could live out of a couple suitcases, and you would have to hire someone to do absolutely everything for you because you would have no tools or supplies to fix anything in your life. What sort of interests or hobbies do you have? Gardening? Coo...
by baconavocado
Tue Aug 28, 2018 11:22 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11650

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Based on a recent thread, I'd say net worth means many different things to different people.
by baconavocado
Tue Aug 28, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Recommend a good SOCK. Yes, I said SOCK!
Replies: 48
Views: 4063

Re: Recommend a good SOCK. Yes, I said SOCK!

This thread reminds me of an episode of Seinfeld.
by baconavocado
Sun Aug 26, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6787

Re: How do you calculate net worth with pensions?

Turbo29 wrote:
Sun Aug 26, 2018 8:17 pm
baconavocado wrote:
Sun Aug 26, 2018 8:05 pm

It won't explode because I never said that only heritable assets should be considered in a net worth calculation. I was taking the opposite position.
Sorry turbo, I caught your qoute in the crossfire.

Bgyt, I get it, I'm signing off on this thread.
by baconavocado
Sun Aug 26, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6787

Re: How do you calculate net worth with pensions?

If one has $1million in assets they have one million in assets. Now if they take $500K of that and purchase an annuity do half of their assets vanish the second the ink is dry on the annuity contract? Of course not. Yes! It really does vanish! If you sign an immediate annuity and die a year later, ...
by baconavocado
Sun Aug 26, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6787

Re: How do you calculate net worth with pensions?

You are 100% dead wrong. Your net worth is your (Assets - liabilities) A pension is a source of income, it is NOT an asset, you have no legal ownership of it, you cannot pass it to your heirs upon death. Let me use an analogy to explain how ridiculous it is to believe a pension is an asset. The hos...
by baconavocado
Sun Aug 26, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6787

Re: How do you calculate net worth with pensions?

A pension definitely adds to your net worth. If you don't think so, tell me if someone said they're going to start paying you $5,000/month for the rest of your life, are you wealthier before or after they did this? How to calculate the value? Like @marshall said earlier, it's the same value as an if...
by baconavocado
Fri Aug 24, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Is it worth chasing down this $10 fee?
Replies: 38
Views: 3151

Re: Is it worth chasing down this $10 fee?

Your card issuer is probably trying to think of other ways to get this $10 fee tacked onto any other new payment methods. They're probably going, yeah, we gotta keep cloaking out account numbers so these new systems can't detect that this isn't a debit account. I would complain. If you've been with ...
by baconavocado
Mon Aug 20, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 4174

Re: No advance notice to employer

I quit my job and retired without any advance notice. I came in on a Saturday and cleaned out my office and then sent an email to my boss. The only possible disadvantage to me was that I had a substantial amount of accrued leave time and in most cases my employer had allowed retirees to count that t...
by baconavocado
Thu Aug 16, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1545

Re: What to do in Seattle around Christmas?

Rent a place on one of the islands, preferably with a fireplace or wood stove and a view of the sound. Stoke the fire, read books, listen to Canadian public radio, cook fresh seafood, go hiking in between storms.
by baconavocado
Tue Aug 14, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 15139

Re: As an American, where are some great places in the world to retire?

Some commenters are mentioning Italy and some other European countries. I thought it was quite difficult to get a resident visa in these places. I've heard that it's even hard for an American citizen to retire in Canada. Mexico. Central and South America, yes, Europe and Canada, no. Am I wrong?
by baconavocado
Tue Aug 07, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 3230

Re: Relaxing - quieting the mind

Sandtrap wrote:
Mon Aug 06, 2018 11:45 pm
2. Cat sleeping on your lap as you do the above.
But not with a fat, long-haired cat who sheds and drools.
by baconavocado
Tue Aug 07, 2018 12:19 am
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 3230

Re: Relaxing - quieting the mind

Intense exercise, like long runs or long, strenuous bicycle rides, with steep climbs, in the heat, preferably with a partner who is in better shape than you. Or a 2 hour spin class, or 1 hour of interval training on a treadmill. It might not seem relaxing at first, but 30 mins. after you stop you wi...
by baconavocado
Sun Jul 22, 2018 11:47 pm
Forum: Personal Consumer Issues
Topic: Rotating Tires in Honda Odyssey
Replies: 15
Views: 1648

Re: Rotating Tires in Honda Odyssey

I rotate approx. every 10K miles, and I alternate between front <=> back and cross. But I'll usually do it on an oil change day so I might miss the 10K mark by a few thousand K plus or minus.
by baconavocado
Sun Jul 22, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: Inflation — Perspectives from Two Centuries, 1800-2016
Replies: 33
Views: 3443

Re: Inflation — Perspectives from Two Centuries, 1800-2016

What causes inflation exactly? In the 1970-80s (10-15% annual inflation) wasn't it related to petroleum prices? So shortages of a key resource, whether artificial or actual. And war. If so, I think inflation is still a very real risk today. The more important question might be how does a BH hedge th...
by baconavocado
Sun Jul 22, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead plumbers? Need help.
Replies: 16
Views: 1805

Re: Any Boglehead plumbers? Need help.

I'm not an expert, but I just replaced my water heater and I think I would recommend that you do the same. As long as access isn't such a problem that you can't move the tanks around by yourself, or with a little help, it sounds like you can handle the job. There are plenty of youtube videos for hel...
by baconavocado
Sat Jul 21, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 2242

Re: High school graduation monetary gift for nephew

I don't think HS graduation is very big deal these days, but I guess it's an important transition age-wise for children. College graduation, on the other hand, is a big deal, both as an accomplishment and as a period when there are many expenses. You might want to travel before starting work, you mi...
by baconavocado
Wed Jul 18, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3480

Re: How Unclaimed Property Laws Can Affect Retirees

After reading this thread, I went to my states unclaimed property site and entered my last name in the search box. To my surprise my wifes name came up and it said she had $57,639.87 in unclaimed property. I did some checking and found that Capital One 360 had closed her savings account and sent th...
by baconavocado
Thu Jul 05, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 160
Views: 12968

Re: What time do you get up in the morning?

I got up around 5 am for 30 years. Now that I'm retired, I don't even set the alarm. I hardly ever get up before 9 and I rarely get out of the house before 11 - it's so sweet. So when you're rushing to work at 6 and the streets are empty but some retired person walking their dog makes you stop so th...
by baconavocado
Wed Jul 04, 2018 12:33 am
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4352

Re: Tire experts? Can I trust a patched tire?

Not a tire expert, but I've never had a patched tire go flat because the patch failed, and I've had a fair number patched. You can check it once a week for the next month if you want to be sure, or if your car has TPMS, that should let you know if the tire starts to lose pressure.
by baconavocado
Sun Jul 01, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 5205

Re: bike helmets

I'd carry an organ donor card except that I'm afraid they'd jump the gun and harvest them before I was finished with them, and/or they'd go into some diabetic with an addiction to pizza who was on his 3rd set of kidneys. Or some celebrity, or a billionaire. If I could pick the donee, I'd carry a car...