Search found 22 matches

by yummeemunnkee
Mon Sep 21, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Challenging a physician's bill
Replies: 82
Views: 5490

Re: Challenging a physician's bill

The system is clearly broken. You’d think doctors, who clearly have a vested interest in the system working properly, would by working to fix it, instead of whining on an Internet forum every time a patient shares their bad experience with the system. I don’t charge my customers up front, either. B...
by yummeemunnkee
Wed Aug 26, 2020 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Offered Pre-65 Retiree Medical Plan – Worth it?
Replies: 22
Views: 1587

Re: Employer Offered Pre-65 Retiree Medical Plan – Worth it?

I’m torn. I like the idea of always having insurance coverage regardless of our job situation now that we’re heading into our 50s, but the premium of $620/mo will only go up from there. I don’t know what premiums are like on the open market, so curious to hear other POVs. Doesn't sound bad for coup...
by yummeemunnkee
Wed Aug 26, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Offered Pre-65 Retiree Medical Plan – Worth it?
Replies: 22
Views: 1587

Re: Employer Offered Pre-65 Retiree Medical Plan – Worth it?

I’m torn. I like the idea of always having insurance coverage regardless of our job situation now that we’re heading into our 50s, but the premium of $620/mo will only go up from there. I don’t know what premiums are like on the open market, so curious to hear other POVs. Doesn't sound bad for coup...
by yummeemunnkee
Wed Aug 26, 2020 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Offered Pre-65 Retiree Medical Plan – Worth it?
Replies: 22
Views: 1587

Re: Employer Offered Pre-65 Retiree Medical Plan – Worth it?

My husband was in a similar situation, but he was given an option to delay the decision to take the retiree coverage (and the coverage is so terrible that we postponed and took cobra instead, for now). Did your employer give you an option like that? If not, I'll agree with the crowd and you should ...
by yummeemunnkee
Wed Aug 26, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Offered Pre-65 Retiree Medical Plan – Worth it?
Replies: 22
Views: 1587

Re: Employer Offered Pre-65 Retiree Medical Plan – Worth it?

Just put my numbers here for comparison. If I retire, I can buy health insurance from my employer (the 2019 price) for $502 (me) and $836 (spouse) per month. So that is $1,338 per month for a couple. For this particular plan, we have about $3,000 deductible for each person, and some co-pay after th...
by yummeemunnkee
Wed Aug 26, 2020 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Employer Offered Pre-65 Retiree Medical Plan – Worth it?
Replies: 22
Views: 1587

Re: Employer Offered Pre-65 Retiree Medical Plan – Worth it?

Replying mostly to get you more visibility ... Sorry to hear about the job(s) situation. The $620 made my eyes cross but it isn't the worst option (Cobra) you have. I'm not sure what I would do. Thanks, Brad. Just for kicks, I asked my employer what COBRA would be and it's going to cost $1,254/mo, ...
by yummeemunnkee
Tue Aug 25, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Offered Pre-65 Retiree Medical Plan – Worth it?
Replies: 22
Views: 1587

Employer Offered Pre-65 Retiree Medical Plan – Worth it?

I’m being laid off from my employer and will receive a severance packing including the option to continue medical benefits as a retiree. I’m 50 years old, married with no children. The insurance coverage is through Aetna and it isn't awful; annual deductible is $2,900; 20% out-of-pocket until maximu...
by yummeemunnkee
Mon Nov 18, 2019 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Buy home with cash? vs. Loan options.
Replies: 21
Views: 1803

Re: Buy home with cash? vs. Loan options.

Long time listener, first time caller. I appreciate the collective wisdom as my family and I relocate and look to purchase a home. Please note: homes in California are pricey and income is comparatively low. Home Price Range $800k-950k in neighborhoods with solid schools. Thanks in advance! Summary...
by yummeemunnkee
Fri Jul 19, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 217
Views: 22903

Re: Has anyone seen the documentary "Playing with FIRE?"

Looks and sounds depressing. Watched the trailer. Go to work, always save, spend less than you make, be kind to people have fun along the way....seems to be the winning formula if you ask me. The rush to "retire" before age 40 is really laziness in disguise and potential mental health iss...
by yummeemunnkee
Fri Jul 19, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 129
Views: 9861

Re: Do you buy cellphone outright or pay over 2 years?

Just purchased 2 Samsung S10e's last week from T-Mobile to replace our J7's that we've been using over the last 3+ years. The J7's replaced our Nokia Windows phones (first smart phones we've had) many years ago. In all cases, we paid cash. Being older, I/we don't worry about a few pennies we would ...
by yummeemunnkee
Mon Apr 15, 2019 6:02 pm
Forum: Personal Consumer Issues
Topic: Women, How Much Do You Pay for Haircut
Replies: 94
Views: 6721

Re: Women, How Much Do You Pay for Haircut

I was paying $130 every 3 months or so for highlights, cut, and blow dry before tip. Granted, for CT, this is a great price, but after doing this for so many years, I just couldn’t justify it. I hated sitting in that salon for hours and I finally cut the cord. I color my own hair using a $7 box of c...
by yummeemunnkee
Wed Mar 13, 2019 3:03 pm
Forum: Personal Consumer Issues
Topic: Renting in Boston - how difficult with a pit bull?
Replies: 48
Views: 3773

Re: Renting in Boston - how difficult with a pit bull?

There's a guy with a pit bull in my building. What a liability, both for the owner and the association! I'll never understand it. It's nuts, keeping a dog like that. I know I'll sue for anything I can get if that vicious dog bites me. Almost happened already. I love dogs, but folks, they don't belo...
by yummeemunnkee
Wed Mar 13, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: What time do you start your day?
Replies: 69
Views: 3914

Re: What time do you start your day?

corysold wrote: Wed Mar 13, 2019 7:55 am Wake at 2:45 AM, done with work by 7 AM, watch my kids the rest of the day.
+1 :thumbsup
by yummeemunnkee
Tue Mar 05, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Sell underperforming funds to pay down mortgage?
Replies: 2
Views: 239

Re: Sell underperforming funds to pay down mortgage?

Side note- The SALT limitation affects property taxes, but not mortgage interest deductability. Maybe something to check out. Thank you. Unfortunately, we won't be able to itemize this year, so we won't see the benefit of deducting the mortgage interest which was $8,700 for 2017. Our property and i...
by yummeemunnkee
Tue Mar 05, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Sell underperforming funds to pay down mortgage?
Replies: 2
Views: 239

Sell underperforming funds to pay down mortgage?

I'd like to get some advice regarding the paying down of our mortgage by selling some mutual funds. We live in a high-tax state and will no longer receive the benefit of paying mortgage interest by itemizing on our taxes because of the $10k SALT cap. Original mortgage amount: $340,000 fixed at 3.25%...
by yummeemunnkee
Mon Mar 04, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 263
Views: 42024

Re: How Much in Your Emergency Fund And Is It Used?

$150k in a savings acct earning 2.25% which I realize now, after reading this thread, may be overkill. :shock: But, we sleep well at night. When our water heater went a few months ago, no worries. When one of our decade-old cars dies, no worries. Only debt is a $235k mortgage at 3.25% which, thanks ...
by yummeemunnkee
Mon May 28, 2018 10:43 am
Forum: Personal Investments
Topic: Roth IRA Conversion snag due to existing Rollover IRA
Replies: 7
Views: 826

Re: Roth IRA Conversion snag due to existing Rollover IRA

You're running up against the IRS's IRA aggregation rule, which mandates that Roth IRA conversions apply to the aggregate value of traditional IRA money. So, if you want to convert $5000 of $300k, you'll pay taxes on the 98.3% ((300 - 5) / 300) of that amount that was contributed pre-tax. See the w...
by yummeemunnkee
Sun May 27, 2018 10:53 am
Forum: Personal Investments
Topic: Roth IRA Conversion snag due to existing Rollover IRA
Replies: 7
Views: 826

Roth IRA Conversion snag due to existing Rollover IRA

I've been looking for alternative investments that will allow me to make tax-free withdrawals in retirement as the majority of my assets are in tax-deferred vehicles such as 401(k) and Rollover IRAs. Due to income restrictions, I thought a Roth IRA conversion would be ideal. But, as I'm researching ...
by yummeemunnkee
Sat Apr 07, 2018 11:06 am
Forum: Personal Investments
Topic: Can I turn this mess into a 3-fund portfolio?
Replies: 4
Views: 1436

Re: Can I turn this mess into a 3-fund portfolio?

You stated, "The asset allocation is as follows: 78% stock (64% us/14% non-us), 19% bonds, 3% cash/other. I also have $150,000 in U.S. equities with E-Trade and $115k emergency cash at Synchrony earning 1.6%." Does the 78% in stocks include the $150K in US equities? The money in your non-...
by yummeemunnkee
Tue Apr 03, 2018 10:59 am
Forum: Personal Investments
Topic: Can I turn this mess into a 3-fund portfolio?
Replies: 4
Views: 1436

Can I turn this mess into a 3-fund portfolio?

Following up on a previous post, believe it or not, this is my attempt at organizing the data better. Let me start by saying that I realize that my investments are all over the board. Some of these accounts were opened many, many years ago and clearly, I didn't know what I was doing :oops: ; I was i...
by yummeemunnkee
Sat Feb 17, 2018 10:29 am
Forum: Personal Investments
Topic: Are we TOO diversified? Time to hire a professional? Who has?
Replies: 14
Views: 2222

Re: Are we TOO diversified? Time to hire a professional? Who has?

There are indications you're not diversified enough (i.e single stocks). Having more accounts doesn't lead to better diversification, and maybe diworsification. https://www.investopedia.com/terms/d/diworsification.asp Yes, consolidate all you can in the tax-advantaged accounts. Be mindful of taxes ...
by yummeemunnkee
Fri Feb 16, 2018 10:30 am
Forum: Personal Investments
Topic: Are we TOO diversified? Time to hire a professional? Who has?
Replies: 14
Views: 2222

Are we TOO diversified? Time to hire a professional? Who has?

I feel like we could be TOO diversified in our investing and retirement accounts if there is such a thing. Many of these accounts were set up 10-15 years ago and I’m wondering if it now makes sense to consolidate. Also, what are your thoughts on paying an advisor to manage your portfolio? I was read...