Search found 677 matches

by anonenigma
Wed Aug 21, 2019 1:44 pm
Forum: Personal Investments
Topic: Pensions and planning
Replies: 18
Views: 962

Re: Pensions and planning

I can't imagine anyone who's in line for a pension who doesn't consider it. It's an income stream. Keep it simple. Figure your costs in retirement in today's dollars. Subtract projected income from pensions and/or Social Security, also in today's dollars. If those streams will produce less than you ...
by anonenigma
Wed Aug 21, 2019 1:14 pm
Forum: Personal Investments
Topic: Pensions and planning
Replies: 18
Views: 962

Re: Pensions and planning

More savings is better.
by anonenigma
Wed Aug 21, 2019 1:13 pm
Forum: Investing - Theory, News & General
Topic: Stable value funds?
Replies: 11
Views: 622

Re: Stable value funds?

Stable Value funds are not as simple as they may appear. There is the crediting rate (after fund expenses), but there's also the book rate (I believe that's the term). This becomes relevant if your plan switches vendors, as ours did around 2010. Under certain conditions (interest rates decreasing?),...
by anonenigma
Thu Aug 15, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4460

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

There are too many funds in the plan. 15 plus a suite of target date funds is optimal. More than that, and the average MIT employee (everybody, including professors) gets confused. This leads to investing in too many funds, and there are lots of high-fee choices. It would be interesting to know: 1) ...
by anonenigma
Tue Aug 13, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: help understanding pension
Replies: 19
Views: 1198

Re: help understanding pension

RollTide31457 wrote:
Tue Aug 13, 2019 11:25 am
Always cash out of pensions when given the chance. Why wouldn’t you?
This means walking away from the employer contributions credited to your account. As a general rule, this seems suicidal.
by anonenigma
Mon Aug 12, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 14994

Re: Wellesley 56.05% drop today

Somebody missed the lesson on decimal point placement in 4th grade.
by anonenigma
Mon Aug 12, 2019 1:13 am
Forum: Personal Investments
Topic: deferred state pension benefits- increase in value?
Replies: 3
Views: 378

Re: deferred state pension benefits- increase in value?

Your pension should increase between age 47 and age 65 because of the age factor. This doesn't seem to apply to your Virginia pension system, but others thinking the same thought should definitely check the age factor table for their retirement system, as it might max out earlier than age 65, in whi...
by anonenigma
Thu Aug 08, 2019 12:27 am
Forum: Personal Consumer Issues
Topic: Amazon -- no longer the lowest prices, evidently
Replies: 102
Views: 9954

Re: Amazon -- no longer the lowest prices, evidently

1) You need to differentiate between Amazon and third-party merchants who sell there. Some third-party merchants ask outrageous prices, no doubt hoping that customers are inattentive to what things cost. 2) Amazon prices are certainly not as appealing as they used to be, but, for example, their book...
by anonenigma
Thu Aug 08, 2019 12:15 am
Forum: Personal Investments
Topic: Teacher pensions make for unique retirement planning
Replies: 18
Views: 1925

Re: Teacher pensions make for unique retirement planning

Retired California teacher here. It's good that you're looking downfield, but I advise you to not take your pension too seriously until you have a lot more years in. I'm not talking about the risk that your pension won't be there. It's that half of teachers leave before they've done five years, so a...
by anonenigma
Sun Aug 04, 2019 8:28 pm
Forum: Personal Consumer Issues
Topic: Point of Grammar/Proper Usage re Name of Organization
Replies: 12
Views: 864

Re: Point of Grammar/Proper Usage re Name of Organization

English teacher here. Both work, but since it makes sense without the apostrophe, do without it. Saves ink or electrons.
by anonenigma
Sun Jul 28, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: Simplicity
Replies: 59
Views: 6830

Re: Simplicity ["The Minimalists” Movie on Netflix]

I don't know that I'll watch it, but the title on Netflix is Minimalism , not The Minimalists . I taught Thoreau for 22 years, and it was easy to understand why he angered his neighbors, whom he regarded as proto-zombies. He did have a way with words, though. My favorite quote: "What everybody echoe...
by anonenigma
Sat Jul 27, 2019 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Experience with Costco Citi Visa?
Replies: 34
Views: 4277

Re: Experience with Costco Citi Visa?

One nice plus is that collision damage waiver is covered on overseas car rentals. The only problem I had with the card was tapping it to use on the subway in London. Activated Apple Pay instead, and that worked using the same card. Be aware that two benefits will be cut in September: Price Rewind (p...
by anonenigma
Sat Jul 20, 2019 3:33 pm
Forum: Personal Investments
Topic: Continue 403b or start roth ira
Replies: 65
Views: 1908

Re: Continue 403b or start roth ira

Are there better, lower cost (non-annuity) providers offered by your district?
by anonenigma
Sat Jul 20, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: What do I need to know about becoming a teacher in California?
Replies: 25
Views: 2135

Re: What do I need to know about becoming a teacher in California?

If you want to teach in a public school in California there are plenty of registration/licensing/certification requirements. Teaching in a private school in California depends on the requirements of that school. Someone that wants to teach and is qualified to teach can sometimes find employments in...
by anonenigma
Fri Jul 19, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 129
Views: 8161

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

We switched from Verizon for the T-Mobile over 55 plan for $60 per month for two lines - unlimited talk, text and data, and free text/internet anywhere in the world. Taxes included. Amazing price, I think. When it came to phones, T-Mobile had a Buy One, Get One Free promotion on iPhones at the time....
by anonenigma
Thu Jul 18, 2019 2:51 am
Forum: Investing - Theory, News & General
Topic: What are the benefits of 403(b) over IRA?
Replies: 17
Views: 1356

Re: What are the benefits of 403(b) over IRA?

[quote= I agree with BluesH (being able to withdraw penalty-free at age 55) with a caveat. The IRS says that it's in the year in which one turns 55 (or year in which one turns 50 for public safety employees) and that you have to have left the employer . See IRS Publication 575 https://www.irs.gov/pu...
by anonenigma
Wed Jul 17, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: What are the benefits of 403(b) over IRA?
Replies: 17
Views: 1356

Re: What are the benefits of 403(b) over IRA?

The main advantage is being able to withdraw penalty-free at age 55 instead of 59.5. Very important if you're retiring before 59.5. Personally, past age 59.5, I'd convert to IRA (and have). Don't know the answer about asset protection, but I believe that it's dependent on state of residence. I don'...
by anonenigma
Mon Jul 08, 2019 9:27 pm
Forum: Personal Investments
Topic: 457/403 Questions with New Job
Replies: 8
Views: 462

Re: 457/403 Questions with New Job

You don't mention vendors or plan charges. Is there only one option for each, or are there multiple options?

Beyond the expense ratios on the funds, are there plan-level charges?
by anonenigma
Wed Jul 03, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay area: high school and college apps
Replies: 18
Views: 1880

Re: SF Bay area: high school and college apps

The California Master Plan for Higher Education indicates that UC is for top eighth of high school graduates and CSU is for top third. That's statewide, not per school, so some schools will have more students accepted than others. To balance out inequalities, the top 10% of each high school graduati...
by anonenigma
Tue Jul 02, 2019 3:09 pm
Forum: Personal Investments
Topic: Teacher Looking To Stop 403b Contributions
Replies: 46
Views: 2960

Re: Teacher Looking To Stop 403b Contributions

Your tax bracket (22% currently) would be the same if you retired today with a full-career pension. I've always felt that delaying taxes has value because down the road one is likely paying taxes with dollars that don't buy as many goods and services as when the money was earned. Inflation over time...
by anonenigma
Mon Jun 24, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5369

Re: citi discontinuing citi price rewind

Too bad. I've received almost $150 in rebates since Costco switched from American Express. It encouraged me to buy things when I wanted/needed them rather than waiting for Amazon's price to drop. I'll still use the card (as before) for gasoline, travel, Costco purchases and purchases that would bene...
by anonenigma
Sun Jun 23, 2019 12:11 pm
Forum: Personal Investments
Topic: Switch 403(b) to an IRA or Stay?
Replies: 17
Views: 880

Re: Switch 403(b) to an IRA or Stay?

Thanks for the replies everyone. As far as matching contributions, there are none so I’m not missing anything there and yes I do have a pension. As for vendors, off the top of my head: AXA Equitable Valic Prudential TIAA Fidelity Colonial Life Great America Life Insurance The Legend Group National ...
by anonenigma
Sun Jun 23, 2019 2:06 am
Forum: Personal Investments
Topic: Switch 403(b) to an IRA or Stay?
Replies: 17
Views: 880

Re: Switch 403(b) to an IRA or Stay?

What other 403(b) vendors are available in your district? Is there a 457(b)?
by anonenigma
Sun Jun 16, 2019 5:41 pm
Forum: Personal Consumer Issues
Topic: Airbnb in LA
Replies: 4
Views: 481

Re: Airbnb in LA

Here's a summary of the law: https://www.avalara.com/mylodgetax/en/blog/2018/12/los-angeles-city-council-passes-new-airbnb-rules.html The perception is that Air BnB has contributed to the Los Angeles rent crisis by taking apartments off the market for people who live here. Average 2 bdrm on market w...
by anonenigma
Sat Jun 15, 2019 6:03 pm
Forum: Personal Consumer Issues
Topic: USPS Routing: Could This Make Any Sense at All?
Replies: 3
Views: 614

USPS Routing: Could This Make Any Sense at All?

I bought a book from a third-party Amazon vendor and it arrived at USPS in Las Vegas (275 miles from Los Angeles) early Wednesday morning. By early Thursday morning, it was in Cerritos, CA, on the border of Los Angeles and Orange County (30 miles from me), so I thought I might have it before the wee...
by anonenigma
Fri Jun 14, 2019 9:18 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 87
Views: 9417

Re: How safe are pensions in the U.S.?

Not too safe in California. On what basis do you make this statement? Moderators? Speculation and politics here. Not actionable. Cuts to public employee pensions in California have already happened and continue to happen, typically in the form of a haircut when insolvent municipalities or joint pow...
by anonenigma
Thu Jun 13, 2019 6:02 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 87
Views: 9417

Re: How safe are pensions in the U.S.?

yousha wrote:
Thu Jun 13, 2019 5:07 am
Not too safe in California.
On what basis do you make this statement?

Moderators? Speculation and politics here. Not actionable.
by anonenigma
Wed Jun 12, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Renting a car in Europe across countries
Replies: 22
Views: 1357

Re: Renting a car in Europe across countries

Use a credit card that covers collision damage waiver overseas. Costco Citi Card does.
by anonenigma
Wed Jun 12, 2019 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Caregiver liability policy
Replies: 3
Views: 411

Re: Caregiver liability policy

Would the facility consider hiring your mother's caregiver?
by anonenigma
Sat Jun 08, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: HBO Now
Replies: 11
Views: 1422

HBO Now

We have a few shows (Game of Thrones, My Brilliant Friend, En el septimo dia) that we want to catch up on, so we plan to subscribe to HBO - probably just for a month. It would stream through Roku. Is it best to subscribe directly through HBO via computer, through Roku, or via Amazon? I assume that t...
by anonenigma
Fri Jun 07, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: New Camry Questions
Replies: 54
Views: 2738

Re: New Camry Questions

I'm too tall for the moonroof, which is standard on the XSE and XLE.
Winston19 wrote:
Fri Jun 07, 2019 12:20 pm
You may want to check out the XLE. Leather, blind spot monitoring and push button start are included and it will probably ride better.

My guess is that the cost will be similar to the SE with the options added.
by anonenigma
Thu Jun 06, 2019 11:54 pm
Forum: Personal Consumer Issues
Topic: New Camry Questions
Replies: 54
Views: 2738

New Camry Questions

Getting ready to replace my 2000 Camry with a 2019 Camry SE. My wife prefers the look of the SE over the LE, and beyond the aesthetics (she cares, me not so much), the small price difference ($1K) buys a tire pressure monitor, fake leather (Softex) upholstery that might be longer lasting/easier to k...
by anonenigma
Wed Jun 05, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance recommendations
Replies: 13
Views: 1291

Re: Car insurance recommendations

Check with AAA.
by anonenigma
Mon Jun 03, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: Trip to Vermont/New Hampshire
Replies: 34
Views: 2255

Re: Trip to Vermont/New Hampshire

We really enjoyed our visit about 10 years ago to the Shaker Village in Canterbury, NH. Had a nice lunch at the restaurant there. We also enjoyed our day in Portsmouth, NH. In Greater Boston, a trip to Concord (Walden Pond, the writers corner at the cemetery, the obelisk) is a lovely trip into the A...
by anonenigma
Mon May 27, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching jobs
Replies: 79
Views: 4864

Re: Teaching jobs

It may be too early to find a job. Positions open up (retirements, etc.) at the end of the school year, which is coming up. Watch the certificated HR websites of geographically appropriate districts and see if they have openings beginning in a couple of weeks. More openings will be posted in the sum...
by anonenigma
Fri May 24, 2019 11:29 pm
Forum: Personal Consumer Issues
Topic: Any audiophiles on this forum?
Replies: 58
Views: 4585

Re: Any audiophiles on this forum?

Upgraded Dynaco Stereo 70
Silverline Sonatina speakers
NAD CD 538 single disc player

Incredible midrange and accuracy acquired for under $3,000.
by anonenigma
Wed May 22, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Which Renters Insurance Brand/Company should I use?
Replies: 13
Views: 1454

Re: Which Renters Insurance Brand/Company should I use?

I was with State Farm here in California but switched to my auto insurer, AAA, which charged a significantly lower premium.
by anonenigma
Fri May 10, 2019 11:54 am
Forum: Personal Investments
Topic: To 457b or not to 457b
Replies: 15
Views: 1235

Re: To 457b or not to 457b

Are the 457(b)s governmental or nongovernmental?
by anonenigma
Tue May 07, 2019 2:45 pm
Forum: Personal Investments
Topic: Voya financial - Why would anyone use them?
Replies: 40
Views: 4197

Re: Voya financial - WHY WOULD ANYONE USE THEM?

My former employer began to use Voya after TIAA decided not to bid for renewal. It didn't much matter, as the investment choices were made by a committee which got rid of all high price funds and revenue sharing. The vendor had to accept those choices (both TIAA and Voya did) and just come up with a...
by anonenigma
Sun May 05, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: Roku
Replies: 35
Views: 3829

Re: Roku

I'm very happy with the Roku Streaming Stick Plus. Like you, I had previously streamed through my (Sony) blu-ray player, but that limited choices. With Roku, I have access to Kanopy and Hoopla, great free services from my public library.
by anonenigma
Fri May 03, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: How much cash in London?
Replies: 54
Views: 3623

Re: How much cash in London?

Great. That’s what I was figuring. We’ll get £50 or same token amount just to have walking around money, and use Apple Pay for the rest. Thanks, all! If you have a no-foreign-fee ATM card, like with capital one 360 checking, I wouldn't exchange any money until you get to London. Go to an ATM that y...
by anonenigma
Fri May 03, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: How much cash in London?
Replies: 54
Views: 3623

Re: How much cash in London?

It may have changed, but last October my Costco Visa card wouldn't work on the London Underground. Fortunately, Apple Pay (linked to the same card) worked like a charm. Cash price can be a lot higher, I believe.
by anonenigma
Wed May 01, 2019 7:03 pm
Forum: Personal Investments
Topic: I have a 401k & 457b plan I can contribute too. Confused with what to do.
Replies: 14
Views: 861

Re: I have a 401k & 457b plan I can contribute too. Confused with what to do.

Are investment options, expense ratios and plan-level charges equivalent? The only advantage to the 457(b) is ability to use the money without penalty before age 59.5 if you separate from your employer. No one knows what the distant future holds, so it may be advantageous to have a foot in each worl...
by anonenigma
Sat Apr 27, 2019 1:01 pm
Forum: Personal Consumer Issues
Topic: Is 2 weeks in Amsterdam a bit much?
Replies: 45
Views: 3661

Re: Is 2 weeks in Amsterdam a bit much?

For art, the Rijksmuseum, Stedelijk and Van Gogh Museums in Amsterdam are fantastic, as is the Kroller-Muller in Otterlo. A day for each, with other sightseeing mixed in.
by anonenigma
Fri Apr 26, 2019 9:54 pm
Forum: Personal Investments
Topic: Sitting on $1.5m cash - need help
Replies: 53
Views: 14145

Re: Sitting on $1.5m cash - need help

You're way above FDIC insurance limits.
by anonenigma
Fri Apr 19, 2019 12:45 am
Forum: Personal Finance (Not Investing)
Topic: TIAA Traditional Question - Moving from Liquid to Non-liquid Version
Replies: 4
Views: 431

Re: TIAA Traditional Question - Moving from Liquid to Non-liquid Version

I know there are rules against withdrawing funds from the liquid version of Traditional and then buying back in to increase the rate (they call this “time period restoration”). I don't see any restriction, though, to moving into a different flavor of Traditional in a separate account. I just did th...
by anonenigma
Tue Apr 16, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 10656

Re: seriously thinking about leaving S. CA but where to?

If you want to leave for political/cultural reasons, or because you don't want to pay your share of the cost of society, maybe California isn't for you. Here's what the L.A. Times has to say about migration from and to California - if you believe in data: https://www.latimes.com/business/la-fi-calif...
by anonenigma
Mon Apr 15, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: Walking shoes
Replies: 33
Views: 2343

Re: Walking shoes

Really happy with me Eccos. Have held up well and incredibly comfortable. European friend introduced me to them. Worth the $ since they last season after season. I walk on average 5 miles a day running errands and to/from work I had three pairs of Eccos, purchased 11 years ago, whose bottoms disint...