Search found 24 matches

by BGeste
Thu Sep 19, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing House to Apartment
Replies: 6
Views: 625

Downsizing House to Apartment

DW and I are soon to be empty nesters and are thinking of downsizing from a 5000 sq ft house to a 1200 sq foot high rise apartment in a booming city.

Appreciate advice on how to get rid of all our high end furniture and home goods?

Thank you.
by BGeste
Tue Sep 17, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?
Replies: 43
Views: 4365

Re: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?

I recently switched my car, home, and umbrella policies to Geico. Saved more than 50% overall. Geico service was excellent and their website is very easy to use. I wish I had left USAA earlier. Poor service and sky high premiums. BTW Progressive was also far better priced than USAA.
by BGeste
Tue Sep 10, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Beach City / Town in Florida
Replies: 56
Views: 5891

Re: Beach City / Town in Florida

This sounds like a very good idea. Is it difficult to find rentals on or near the beach for six month to one year periods so that I can experience multiple locations?
by BGeste
Thu Sep 05, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Beach City / Town in Florida
Replies: 56
Views: 5891

Re: Beach City / Town in Florida

We are considering spending about one million on a house. Will that get us close to the beach?
by BGeste
Thu Sep 05, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Beach City / Town in Florida
Replies: 56
Views: 5891

Beach City / Town in Florida

Considering moving to Florida to retire. WIfe and I would like a walkable to restaurants town, with relatively close proximity to the beach. Sarasota and Naples are on our list. Would appreciate perspective of what it is like to live there and recommendations of other cities we may not be aware of. ...
by BGeste
Sat Aug 31, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Home Insurance Offsets Tax Advantage?
Replies: 28
Views: 2108

Re: Florida Home Insurance Offsets Tax Advantage?

I like these numbers and location.
by BGeste
Thu Aug 29, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Home Insurance Offsets Tax Advantage?
Replies: 28
Views: 2108

Re: Florida Home Insurance Offsets Tax Advantage?

Great perspective. Thanks. I may have to consider other states before making a decision.
by BGeste
Thu Aug 29, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Home Insurance Offsets Tax Advantage?
Replies: 28
Views: 2108

Re: Florida Home Insurance Offsets Tax Advantage?

This is my concern. Did they move to the Sarasota / Naples west coast of FL or are they on the east coast?
by BGeste
Thu Aug 29, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Home Insurance Offsets Tax Advantage?
Replies: 28
Views: 2108

Re: Florida Home Insurance Offsets Tax Advantage?

Replacement cost of the house is $700K. Deductible $1,500. I asked the question because I am thinking of relocating to Florida for the no state income tax and relatively low property taxes. However, I am looking for potentially hidden costs like Home insurance. I currently pay about $4,000 a year fo...
by BGeste
Thu Aug 29, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance shopping - good alternative to State Farm for auto, home, umbrella
Replies: 20
Views: 1265

Re: Insurance shopping - good alternative to State Farm for auto, home, umbrella

Geico or Progressive. For Auto and Home. You will save significant amounts of money. Service and digital capabilities are very good as well.
by BGeste
Wed Aug 28, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Home Insurance Offsets Tax Advantage?
Replies: 28
Views: 2108

Florida Home Insurance Offsets Tax Advantage?

How much does it cost annually to insure a 5000 square foot house in the following Florida cities? Naples, Sarasota, Boca Raton, Parkland.

It must be very high because of Hurricane exposure. Therefore does it offset the tax advantages the state provides?
by BGeste
Wed Aug 28, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 210
Views: 48727

Re: GEICO auto rates vs. USAA: too good to be true?

I have Geico. I switched from USAA my car and home policies. Service has been excellent and my rates were 50 percent lower. USAA service and website are terrible. I had a awful claims experience with them. BTW! Progressive is also way less expensive than USAA. Check for yourself.
by BGeste
Sat Aug 24, 2019 7:19 pm
Forum: Personal Investments
Topic: VWALX High Yield Tax Exempt Is It Really This Amazing?
Replies: 20
Views: 2384

Re: VWALX High Yield Tax Exempt Is It Really This Amazing?

I have held this fund for years and love the tax free monthly income.

The interest is tax free but I did not realize the cap gains were also tax free.
by BGeste
Wed Aug 21, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: What are your thoughts on USAA for checking? Insurance? Banking in general?
Replies: 44
Views: 2212

Re: What are your thoughts on USAA for checking? Insurance? Banking in general?

Agree with this. Better coverage from Geico and much better prices for car and home insurance. Progressive is also much better. I just did the comparisons.
by BGeste
Tue Aug 20, 2019 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: What are your thoughts on USAA for checking? Insurance? Banking in general?
Replies: 44
Views: 2212

Re: What are your thoughts on USAA for checking? Insurance? Banking in general?

Geico has much better prices for car and home insurance. Geico service and website is also superior. I recently compared rates and service and switched to Geico. I saved more than 50 percent by switching. Progressive also has better prices.
by BGeste
Tue Aug 13, 2019 5:25 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18663

Re: Laid Off - Want to Retire / Am I OK

Thanks. My wife wants me to retire completely and give up searching for a new job! Her plan is for us to travel more and relax.
by BGeste
Sat Aug 10, 2019 6:26 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18663

Re: Laid Off - Want to Retire / Am I OK

I agree with the poster above that writes it's depressing that I should want side hustles with a net worth of $6 million at 51. But working and making money is all I have ever known and it feels weird to just start living on investments. Maybe I will get used to it.
by BGeste
Fri Aug 09, 2019 4:31 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18663

Re: Laid Off - Want to Retire / Am I OK

A few weeks in and all these replies have been great for context. A couple of updates and one question. 1) I secured a high deductible health plan for all four from Golden Rule (United Health Care). Deductible is $12,500. 2 million in coverage after deductible is met, per person. 2) Looked into annu...
by BGeste
Thu Jul 25, 2019 7:57 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18663

Re: Laid Off - Want to Retire / Am I OK

All these replies are very helpful. My primary concern is sequence of risk, that is why I want to try and live on mostly dividends / income in the initial years. My current estimate of dividend and interest income is about 130K. The individual stocks I have pay above average dividends. So the rest w...
by BGeste
Wed Jul 24, 2019 7:54 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18663

Re: Laid Off - Want to Retire / Am I OK

thanks to all for the excellent replies. Here is some additional information requested from some. 1) I plan to buy a high deductible health insurance plan. 2) I live in a state with no income tax 3) Dividend income is currently projected to be $130K annually. The 400K in individual stocks are all ab...
by BGeste
Wed Jul 24, 2019 12:21 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18663

Laid Off - Want to Retire / Am I OK

I have been laid off from my job and want to retire. The layoff came as a surprise so I have not had time to think about planning for retirement. Here is my situation. Age: 51. Married. Two Daughters: 20 and 16. One Daughter currently in college the other in high school. Wife does not work. Investme...