Search found 553 matches

by LilyFleur
Sat Oct 19, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: For those who are FI: At what point did you begin to relax?
Replies: 38
Views: 3829

Re: For those who are FI: At what point did you begin to relax?

For those of you who have made it to financial Independence at what point did you begin to feel like you can relax about money and not constantly worried and under pressure? I'm not sure you really want to know; but, here goes. I'm 72. ... When did I relax? Hasn't happened, yet. Different concerns....
by LilyFleur
Thu Oct 17, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Retired Empty Nester Move from House to Apartment
Replies: 20
Views: 3237

Re: Retired Empty Nester Move from House to Apartment

We plan to ditch our rural home before too long - for a variety of reasons. Want to drastically reduce dependence on car, get closer to better health care, get out from under maintenance hassle of owning a home with property. Cost isn't the driver of our decision. Agree. I am single and I appreciat...
by LilyFleur
Thu Oct 17, 2019 4:38 pm
Forum: Personal Consumer Issues
Topic: When is private (elementary) school worth it?
Replies: 98
Views: 6811

Re: When is private (elementary) school worth it?

OP, I like your approach, and I think having neighborhood friends and plenty of play time is good for your son. It seems like the kindergarten teacher was better at challenging your son. Perhaps when he finishes his work, he could go back to his kindergarten classroom and help those children again. ...
by LilyFleur
Thu Oct 17, 2019 3:13 pm
Forum: Personal Investments
Topic: Getting up in age, too stock heavy
Replies: 33
Views: 4029

Re: Getting up in age, too stock heavy

Your mom sounds like she is healthy, and I think it's great that she is still working. You could take capital gains if she has to go into nursing home care in the future, because the cost of care (you can deduct anything above 10%) would bring her income quite low. Good suggestion. She actually pay...
by LilyFleur
Thu Oct 17, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take the job in OKC or Orlando?
Replies: 95
Views: 4852

Re: Should I take the job in OKC or Orlando?

I am from Oklahoma, my sister lives in Edmond, oldest child went to college in Oklahoma to my surprise. However, I would never move to Edmond or OKC. I don't know your political or religious affiliations, and I don't care, but I would consider the culture of the cities especially if raising childre...
by LilyFleur
Thu Oct 17, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Retired Empty Nester Move from House to Apartment
Replies: 20
Views: 3237

Re: Retired Empty Nester Move from House to Apartment

We plan to ditch our rural home before too long - for a variety of reasons. Want to drastically reduce dependence on car, get closer to better health care, get out from under maintenance hassle of owning a home with property. Cost isn't the driver of our decision. Agree. I am single and I appreciat...
by LilyFleur
Thu Oct 17, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 135
Views: 8015

Re: What percent of net worth should a persons house be?

It has been useful for me to think about this, but there is no "should" as others have pointed out. I ended up with the house after a divorce and reaalized that a majority of my net worth was my house. Prior to the divorce and the 2009 stock market fall, it had been about 15% of my net worth. I rea...
by LilyFleur
Thu Oct 17, 2019 1:50 pm
Forum: Personal Investments
Topic: Getting up in age, too stock heavy
Replies: 33
Views: 4029

Re: Getting up in age, too stock heavy

Your mom sounds like she is healthy, and I think it's great that she is still working.

You could take capital gains if she has to go into nursing home care in the future, because the cost of care (you can deduct anything above 10%) would bring her income quite low.
by LilyFleur
Thu Oct 17, 2019 3:30 am
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 130
Views: 6678

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I think iphones appeal to folks who aren't too techy, don't want to mess with anything to make it work, and just want it to be reliable. And who uses phones the most in your ecosystem? In mine, it's the women in my life. My wife gets a million texts a day and she's constantly in touch with her moth...
by LilyFleur
Thu Oct 17, 2019 2:43 am
Forum: Personal Consumer Issues
Topic: Any advice on mini-splits for my condo? Almost ready!
Replies: 4
Views: 791

Re: Any advice on mini-splits for my condo? Almost ready!

Update: my mini-splits were installed in mid-August, and we ran them quite a bit for the last two weeks of August. My electric bill was just $71 for August. They are beautiful (the silver Emura Daikin model), and are very quiet both indoors and outdoors. It is really nice to have three of them, so i...
by LilyFleur
Mon Oct 14, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4754
Views: 1229376

Re: What Movie Have You Recently Watched?

Peanut Butter Falcon, in theaters now. Beautiful movie.
by LilyFleur
Sun Oct 13, 2019 1:43 am
Forum: Personal Investments
Topic: need help with roth 401k and ira
Replies: 48
Views: 1936

Re: need help with roth 401k and ira

Hi guys, This post is about Roth 401k and high fees. See question 2 in the original post. So I'm reading various resources on Bogleheads, and came across this taxable investing account example under the Tax-efficient fund placement section: For example, suppose that you hold $10,000 in a stock inde...
by LilyFleur
Sun Oct 13, 2019 1:25 am
Forum: Personal Finance (Not Investing)
Topic: Seller misrepresented fulfillment of defect fixes - next steps? sue?
Replies: 55
Views: 4793

Re: Seller misrepresented fulfillment of defect fixes - next steps? sue?

I know this doesn’t help the OP, but this is why you put “work to be performed by a licensed contractor” and make seller give you a receipt from a licensed contractor to show work was actually done. Especially for something like this, that you can’t reasonably inspect during a final walkthrough. So...
by LilyFleur
Sun Oct 13, 2019 1:11 am
Forum: Personal Consumer Issues
Topic: Best No Annual Fee Visa Credit Card with Cash Back
Replies: 56
Views: 4608

Re: Best No Annual Fee Visa Credit Card with Cash Back

Yes, the need for a Visa is for use at Costco. I have had only one credit card at a time my entire life and want to keep it that way. The Costco Visa eliminates the need to carry a separate Costco membership card, as they print the membership card on the reverse side of the credit card. Also makes ...
by LilyFleur
Thu Oct 10, 2019 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Married with Separate bank accounts
Replies: 44
Views: 3543

Re: Married with Separate bank accounts

Married 27 years. Our finances have evolved. We have "Ours", "Mine" and "His" accounts. All income goes into the "Ours" joint account. We each get a set amount of spending money each month that goes into the "Mine" and "his" accounts. I don't even want to know what he spends his on (he's restoring ...
by LilyFleur
Thu Oct 10, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: In home part-time senior care options?
Replies: 13
Views: 833

Re: In home part-time senior care options?

I am at least a decade or two from needing care, but I have let my children know I would prefer to be in my own home as long as possible but that I would like them to install cameras that they could remotely monitor when I need in-home caregivers, just to be safe. Unannounced drop-in visits are alwa...
by LilyFleur
Thu Oct 10, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Document Storage: what format? (paper, fiche, scan,..?)
Replies: 43
Views: 3502

Re: Document Storage: what format? (paper, fiche, scan,..?)

Whenever I look at my Schwab brokerage account online, i can see the cost basis for my index ETF displayed in bold right beside my current value number.

Should I keep the Schwab statement showing when I purchased the ETF anyway?
by LilyFleur
Thu Oct 10, 2019 11:38 am
Forum: Personal Consumer Issues
Topic: 2010 Prius totaled.... Now what?
Replies: 40
Views: 3458

Re: 2010 Prius totaled.... Now what?

Sorry to hear about the accident. First, make sure you're alright. The same thing happened to me, middle car that got squished. Also in a prius. I thought I was fine, but 2 days later, started getting a neckache, and then realized I had short term memory issues, fatigue, and ended up feeling "foggy...
by LilyFleur
Tue Oct 08, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes - Goodwill donations, older children's clothing
Replies: 28
Views: 2481

Re: Taxes - Goodwill donations, older children's clothing

This wasn't your question, but an interesting case to consider regarding substantiation if you are taking a deduction for donations to Goodwill: https://www.thetaxadviser.com/issues/2018/oct/inflated-charitable-contribution-deduction-denied.html Wow. My Goodwill hands me a blank receipt that is sig...
by LilyFleur
Tue Oct 08, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes - Goodwill donations, older children's clothing
Replies: 28
Views: 2481

Re: Taxes - Goodwill donations, older children's clothing

Yeah, I never heard of this either. We've always donated on our behalf whatever was in our home, regardless of who bought it. I think it's OK. I just made a HUGE donation of clothing to Goodwill, from an adult child, but I had actually paid for most of the items over the years. I photographed all o...
by LilyFleur
Tue Oct 08, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7422

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

There is no doubt that cognitive ability for many elders declines over the years. That said, the absolute level of ability is to perform a task is important. I don’t walk as quickly as I used to either, but I can still walk. Also, I like to see the “overconfidence” numbers for ages 25 to 60. Thinki...
by LilyFleur
Tue Oct 08, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7422

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

“Virtue-signaling” is already a hopeless cliche, but “Hi! I’m sixty-something, and I’m cognitively declined!” does seem to be a perverse version of it that for some reason has infected this board I do not see that at all. Most people on this board seem aware that it could happen to them. Some are e...
by LilyFleur
Tue Oct 08, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: What are the essential and discretionary expenses in a retirement budget?
Replies: 110
Views: 6151

Re: What are the essential and discretionary expenses in a retirement budget?

Several mentions of housing costs being discretionary. Yes, but. Once you own a house, you may be stuck with its costs far longer than you hoped or planned. Yes, you can move to a LCOL, downsize, live in a yurt. However, until you actually sell the former home, you have its expenses. Been there. Do...
by LilyFleur
Tue Oct 08, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: What are the essential and discretionary expenses in a retirement budget?
Replies: 110
Views: 6151

Re: What are the essential and discretionary expenses in a retirement budget?

No, cell phone service is NOT truly essential. Any phone, even without service will dial 911. Not true anymore. Years ago, people used to be asked to donate their old cell phones to domestic abuse shelters to give to women. Now, technology has changed so much, there are only a handful of cell phone...
by LilyFleur
Thu Oct 03, 2019 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7600

Re: Daddy I'm engaged! Pre-nup?

OP, you are nowhere near rich enough that your inheritance should trigger pre nup concerns. If your kids become the next Jeff Bezos, then yes, tell them to consider it. I think it would be kind and respectful not to discount the OP's concerns. OP worked hard for this money and wants to make sure it...
by LilyFleur
Thu Oct 03, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7422

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

Part of my plan is that when I get close to 80 I plan to simplify things considerably by switching to one fund in each account (IRA, Roth IRA, and taxable). So maybe I'll have Wellesley in my IRA, Lifestrategy Moderate Growth in my Roth IRA, and Vanguard Balanced Tax Managed Balanced in taxable. Or...
by LilyFleur
Thu Oct 03, 2019 5:29 pm
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7422

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

Tdubs, We HAD that advisor. Their company was taken over and then they lost their jobs during the financial crisis and were replaced by unhelpful people I'm in my 70s now and because I saw my parents deteriorate from being highly competent professionals into people making atrociously bad decisions ...
by LilyFleur
Thu Oct 03, 2019 11:59 am
Forum: Personal Consumer Issues
Topic: Non stick pan preference?
Replies: 46
Views: 3341

Re: Non stick pan preference?

Calphalon stainless steel sauce pans and fry pan. Non-stick ceramic Bialetti fry pan. Cast-iron fry pan that I use on a paper towel over my induction stove. All from TJ Maxx.
by LilyFleur
Thu Oct 03, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7422

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

I would most likely call on ... a trustworthy financial adviser from our church. I think that is a mistake. I'm not trying to say anything bad about religious folks. But I have seen a number of articles where people were taken advantage of by folks attending the same place of worship. I suspect it ...
by LilyFleur
Wed Oct 02, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA non custodial parent and AOTC
Replies: 7
Views: 490

Re: FAFSA non custodial parent and AOTC

I have a question for you. Do you understand that the vast majority of "aid" is in the form of student loans and parent loans? Unlike when some of us old people were in college and "aid" meant grants, that isn't the case for the most part unless your income and assets put you below the poverty leve...
by LilyFleur
Tue Oct 01, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Luxury condo
Replies: 56
Views: 4654

Re: Luxury condo

They will be maintaining the exterior of your condo for you and all of the common areas. I have a friend with a condo in a high-rise building who has access to a very nice gym with a steam shower and underground parking for himself and his guests, as well as tennis courts, a jacuzzi and a swimming p...
by LilyFleur
Tue Oct 01, 2019 3:31 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 9514

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

My concern is they may have to save money elsewhere and it may affect customer service. That was my concern with Fidelity as well. Vanguard has virtually no offices, while Schwab and Fidelity keep a large number of offices and staff. I just looked and found 2 Schwab offices near me (with each havin...
by LilyFleur
Mon Sep 30, 2019 11:33 am
Forum: Investing - Theory, News & General
Topic: How many Bogleheads do Real Estate Investing (not REITs)
Replies: 16
Views: 1529

Re: How many Bogleheads do Real Estate Investing (not REITs)

For me, asset allocation is a factor. Beyond the part-time job aspect, many of us in HCOL areas already hold a large percentage of our net worth in the homes we live in. I had considered investing in REITs, but considering that I already hold 25% of my net worth in the condo that I live in, it just ...
by LilyFleur
Sun Sep 29, 2019 3:49 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: About half your retirement accumulation is just the dollars you put in
Replies: 92
Views: 13756

Re: Jonathan Clements: About half your retirement accumulation is just the dollars you put in

Returns have been above 90%.
Most bogleheads do not take that kind of risk.
Now in a conservative BH-type portfolio and happily living a fairly modest retirement lifestyle.
by LilyFleur
Thu Sep 26, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 19566

Re: financially clueless senior MIL who thinks she’s rich

You offered to help and she said "bud out". I don't see any further questions here. Old people often are not "adults". Their cognitive capacity decreases and their problems go down to the next generation. Saying that they refuse the help is just a poor excuse. Wow. Sit in someone else's shoes. If a...
by LilyFleur
Thu Sep 26, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 19566

Re: financially clueless senior MIL who thinks she’s rich

I look at it as a plus that she wants to move to independent living. My mom fought it and the day she moved in her quality of life improved immensely with the activities, people to eat with, friends. Then once she is there, she can go through the cycles of Assisted Living, Memory Care whereas comin...
by LilyFleur
Wed Sep 25, 2019 7:27 pm
Forum: Personal Investments
Topic: So, Wow [AA change after divorce]
Replies: 80
Views: 8688

Re: So, Wow [AA change after divorce]

My mom, who was by no means wealthy, found it a source of pride, dignity and independence as she aged that she was "paying her own way" and was not a financial burden on her children. And yes, my parents put us all through college; taught us not to assume that there would be an "inheritance". None ...
by LilyFleur
Wed Sep 25, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 3992

Re: New Credit Card Search - 2 Front Runners?

After learning about it here at BH, I got the 2% Citi doublecash. I use it more than I thought I would. I also have the Amazon 5% which I only use for Amazon, and the Costco Citi VISA (3% restaurants and travel, %4 gas, no foreign transaction fees, car rental insurance) Just because I get 5% back at...
by LilyFleur
Wed Sep 25, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Success stories of NOT buying more/too much house
Replies: 109
Views: 18033

Re: Success stories of NOT buying more/too much house

Downsized to a 1000 sf condo in HCOL coastal area. I do feel it is important to have two full bathrooms and a washer and a dryer, and I have those, as well as two patios that make the place feel bigger. It's a great floor plan and single story for aging in place. A short walk to the grocery store, a...
by LilyFleur
Wed Sep 25, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable Accommodation Requests?
Replies: 48
Views: 3156

Re: Reasonable Accommodation Requests?

In the 1980s I sat fairly close to a chain smoker. My management (and HR) would not move me.
I had no problem with food or perfume smells because the smoke was all I could smell.

Do you get outside for a walk at lunch? The fresh air and sunshine can be really good for you.
by LilyFleur
Wed Sep 25, 2019 3:08 pm
Forum: Personal Consumer Issues
Topic: Recommend A Travel Site
Replies: 16
Views: 1377

Re: Recommend A Travel Site

Oreamnos wrote:
Wed Sep 25, 2019 11:33 am
$3100 is pretty good for Delta biz class to Europe, especially with a second flight.
Delta is based in Atlanta, and Atlanta is its largest hub. I usually fly Delta when heading to Atlanta.
by LilyFleur
Tue Sep 24, 2019 12:02 am
Forum: Personal Investments
Topic: Retirement Portfolio Review Please
Replies: 10
Views: 1372

Re: Retirement Portfolio Review Please

It would probably be a good idea to do some traveling and exploring. Staying at an airbnb in new locations where you would interact with the owner would be a good way to find out about living there. Do your own research, as the "50 best places to retire" articles often don't mention certain aspects ...
by LilyFleur
Mon Sep 23, 2019 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 202
Views: 23036

Re: Trust Services

We have a legacy Trust with 6 beneficiaries, and would like to distribute half the portfolio growth every year. The portfolio has 33 funds and ETFs, and as various funds are sold, any money not distributed we would like to be invested in VTI. Since we can't seem to find an ST who will agree to do t...
by LilyFleur
Mon Sep 23, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: New Camry Questions
Replies: 101
Views: 6197

Re: New Camry Questions

I don't trust the push-button start systems. There's nothing wrong with just a key. A caveat on the push-button start - at least for the Mazda CX5. When the fob button battery dies (which ours do every two years), the car will not start . The spare key in the fob doesn't help - it will get you into...
by LilyFleur
Mon Sep 23, 2019 9:33 pm
Forum: Personal Investments
Topic: Real Estate investment college town condo?
Replies: 22
Views: 1674

Re: Real Estate investment college town condo?

How much are the HOAs? That can really dig into a rental profit margin. Condo associations can hit all the owners with a unexpected special assessment that could be quite pricey (replumb, new roof, etc.) In fact, an assessment is in the wings for the development in which I live, and a great many of ...
by LilyFleur
Mon Sep 23, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Are RMDs that bad if you're not an over-saver?
Replies: 194
Views: 21072

Re: Are RMDs that bad if you're not an over-saver?

.....It is just by the time RMDs come due, people have forgotten about all the benefits. Well, maybe for some people. For me, being a true BH, it's not the taxes (am in low bracket) What eats at me is to see any declines in any of my mutual fund balances. After years and years of reaping the value ...
by LilyFleur
Mon Sep 23, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: How does a bank make money off you? How to ensure they don't
Replies: 69
Views: 7862

Re: How does a bank make money off you? How to ensure they don't

Schwab and Fidelity have next to no fees on their banking products and in all my years as a Schwab customer I’ve never gotten a sales pitch. Free checking, mortgage discounts, no minimum balances, no hoops to jump through to maintain that. I’ve never paid a fee to Schwab and I’m just a regular joe ...
by LilyFleur
Fri Sep 20, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Who is responsible for taking RMDs after death of IRA owner?
Replies: 20
Views: 1332

Re: Who is responsible for taking RMDs after death of IRA owner?

I think that's the issue, the executor ignoring the RMD remaining for the year. When the estate tax returns are filed, the IRS is sure to catch the missing RMD and send a notice to the executor. He/She might be held responsible for the penalties and taxes. An executor should have known this upfront...
by LilyFleur
Fri Sep 20, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 73
Views: 9203

Re: wild caught sockeye salmon

I buy frozen wild Alaskan sockeye from Trader Joe's. Not sure if they're "wild caught." They come in 2-3 packs depending on size about $8-$12 depending on weight. https://media1.popsugar-assets.com/files/thumbor/X0AFw4QN9dH2P1GPYTdCkjXxMhc/fit-in/1024x1024/filters:format_auto-!!-:strip_icc-!!-/2015...
by LilyFleur
Fri Sep 20, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Moisture and mold found during home inspection
Replies: 53
Views: 2973

Re: Moisture and mold found during home inspection

Agree with some of the others: the symptoms themselves may not big, but what is causing them can be. Is the moisture under the sink just do to a poorly tightened hose causing a little drip, or a bigger problem. Are the 'cracks' in the tub cosmetic (spider) or do they actually leak? Is the moisture ...