Search found 6322 matches

by Ron
Tue Jan 15, 2019 10:55 pm
Forum: Personal Consumer Issues
Topic: End of an era - Boeing 727
Replies: 35
Views: 2374

Re: End of an era - Boeing 727

catdude wrote:
Tue Jan 15, 2019 8:28 pm
The 747 was also recently retired, wasn't it?
Nope; we fly a (passenger) 747-8 a couple of times a year when using Lufthansa to go between Newark and Frankfurt.

- Ron
by Ron
Tue Jan 15, 2019 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2042

Re: Can I afford a 50k car? If so, whats the best way to do it?

penumbra wrote:
Tue Jan 15, 2019 6:27 pm
My father-in-law always said that when you get an idea like that, just lie down til it goes away. You’ll be happier in the long run.
Don't pray for what you desire; pray to lose the desire...

- Ron
by Ron
Sun Jan 06, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Home Addition Financing
Replies: 16
Views: 1187

Re: Home Addition Financing

Why not just move to a different house that fits your needs? Where will you live when your ranch doesn't have a roof for however long? It seems like the easier route would be to just sell the ranch and get a different house. That's exactly what we did, when we considered upgrading major portions of...
by Ron
Fri Jan 04, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 4891

Re: Social Security question hindsight

<snip...> So "you people" who have taken SS at 70 1/2 have taken an amount that nobody in the future (of the same earnings....adjusted for inflation) will ever get again. I hope nobody waited to claim SS at age 70.5, since DRC's are only applied up until age 70 :mrgreen: ... RMD's? That's where the...
by Ron
Tue Jan 01, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2270
Views: 398108

Re: What are you up YTD? [Year To Date]

A/O 1-1-2019 I'm up 0% :mrgreen:

- Ron
by Ron
Sat Dec 29, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Father-in-law denied apartment for lack of income even though he has assets. What to do?
Replies: 77
Views: 7601

Re: Father-in-law denied apartment for lack of income even though he has assets. What to do?

My (disabled) son had the same problem, when he wanted to rent his current apartment. Without a job but with assets and SSDI income (which did not completely cover the rent), the landlord would not accept him as a tenant, even if he would pre-pay for a year. He/we got around it by co-signing the lea...
by Ron
Thu Dec 27, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Best ATM withdrawal rate in euros
Replies: 2
Views: 304

Re: Best ATM withdrawal rate in euros

Conversion rates are in flux throughout the day and changes every few minutes. Here is a snapshot from the XE site ( https://www.xe.com/currencycharts/?from ... R&view=12h ) for 27-Dec:

27 Dec 2018 04:00 UTC - 27 Dec 2018 16:05 UTC USD/EUR close:0.87669 low:0.87492 high:0.87913

- Ron
by Ron
Wed Dec 26, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4551

Re: Working Holidays for extra money.

Back in the day (late 70's, early 80's) when I worked in mainframe software production support, I would work most holidays along with most every other weekend in a 7x24 environment to support multi-country, multi-timezone operations. That was the days before you could have connectivity via PC and ne...
by Ron
Sat Dec 22, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Veteran Benefits ?
Replies: 11
Views: 963

Re: Veteran Benefits ?

Vietnam and Vietnam Era are two different things. Since your made this point does that mean know that the benefits are different between those didn't serve in theater/combat from those that did? If you have a source that documents that please provide. Just as an FYI, certain benefits, such as VA he...
by Ron
Sat Dec 22, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: What does dividend season mean and does it apply to indexers?
Replies: 9
Views: 1206

Re: What does dividend season mean and does it apply to indexers?

We're not a strictly "indexers" - although I/wife hold index funds among our respective TIRA's. At this time, "dividend season" is more specifically "fill the RMD cash bucket for next year" with most dividends coming in December. While both of us were total return investors from getting our first TI...
by Ron
Tue Dec 18, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Do you Report Home Improvements to County Tax Office?
Replies: 14
Views: 1153

Re: Do you Report Home Improvements to County Tax Office?

In our area of the woods, reassessment only considers if you increased the above grade square footage "footprint" of the house. They do not increase the assessment if any interior room was improved in any manner. If you have a 3500 sq ft (living area) home, you could double the space of an existing ...
by Ron
Tue Dec 18, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: RMDs in a falling market?
Replies: 6
Views: 1415

Re: RMDs in a falling market?

We are struggling with this in regard to how to handle withdrawals for the coming year. If dividends and capital gains from our traditional IRA's are deposited directly into our checking account---and the total amount at year end is sufficient to meet the RMD amount---would that work? Is that a rea...
by Ron
Mon Dec 17, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs in a falling market?
Replies: 6
Views: 1415

Re: RMDs in a falling market?

I'm considering switching the dividend pay-out option for my qualified plan mutual funds from reinvestment to pay-out to a money-market fund within the qualified plan, then take the RMD from the money market fund. I can't say it's the right thing to do, but it's what we both do. This was our first ...
by Ron
Mon Dec 10, 2018 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 17213

Re: Too Much Savings Regret

I would rather die with money than live without it.

- Ron
by Ron
Tue Dec 04, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: I enrolled in a Part D drug plan - can I change my mind?
Replies: 3
Views: 559

Re: I enrolled in a Part D drug plan - can I change my mind?

I signed up for a different part D plan last year when open enrollment started and during the last week of open enrollment changed plans since there was a new offering that was not shown as available earlier in the period. I didn't notify any of the plans of my intentions. Within a few days of optin...
by Ron
Tue Dec 04, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8997

Re: How did YOU choose your career?

celia wrote:
Tue Dec 04, 2018 12:08 am
<snip...>Keep in mind that we are not representative of the cross-section of the country. We lean towards better educated, self-motivated, and many professional careers.
Amen to that comment...

- Ron
by Ron
Mon Dec 03, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5298

Re: Do you get a year end bonus?

I'm retired and over the age of 70.5; my year-end bonus is my RMD :oops: ...

- Ron
by Ron
Mon Dec 03, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14541

Re: Retirement itch- when did you get it?

When my job BS bucket overflowed, at the age of 59.

That was over 11 years ago, and have yet to have any regret of my decision to do so even though my original plan was to go at age 66 (my SS FRA).

- Ron
by Ron
Mon Dec 03, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Restarting SS at age 70
Replies: 7
Views: 705

Re: Restarting SS at age 70

HueyLD wrote:
Mon Dec 03, 2018 10:02 am
Ron,

Was the special one-time payment you received a six-month retroactive payment? Hope not, just curious.
Nope (didn't fall for that "scam") :mrgreen:

- Ron
by Ron
Mon Dec 03, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Restarting SS at age 70
Replies: 7
Views: 705

Re: Restarting SS at age 70

I turned 70 this past January and had also been under suspension since age 66. I had no contact with SS other than at age 66 when I made my initial claim/suspension. I wasn't notified until the last week of January by snail mail of the start of monthly payments (payment amount was $1 more than I had...
by Ron
Sat Dec 01, 2018 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: "The Steak Dinner Annuity Pitch"
Replies: 68
Views: 7810

Re: "The Steak Dinner Annuity Pitch"

FWIW, here's an old article (even if it will show the current date) on the thread subject:

http://www.philly.com/philly/business/F ... table.html

- Ron
by Ron
Mon Nov 26, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5958

Re: The psychology of withdrawing from your portfolio

<snip...> I think it would be very hard to retire and the first year being a down year. Retire with $2 million, and only have $1.9 million a year later. That would indeed bug me. I retired in early 2007 (at age 59) and faced the next couple of years of portfolio losses which numbered in the multipl...
by Ron
Tue Nov 20, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8361

Re: Current Retirees: Do you touch your principal?

If you don't (or do not plan to) spend the principal ever, why bother to have saved so much in the first place? For the future help/support of others beyond just ourselves, while we are still alive. For us, it's directed for the future benefit of our disabled son after we're both gone. With the tru...
by Ron
Sun Nov 04, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa Rewards - Do you move the cash out of Fido?
Replies: 47
Views: 3561

Re: Fidelity Visa Rewards - Do you move the cash out of Fido?

I average around $500-$600 rebates each year on my Fido CC cards, which I transfer directly to my Fido CMA account and use the proceeds for normal expenses.

FWIW,

- Ron
by Ron
Fri Nov 02, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: What does your gut tell you; RMD now or in December?
Replies: 38
Views: 2288

Re: What does your gut tell you; RMD now or in December?

I/we subscribe to the KISS method. I/wife have all distributions/gains put in our respective TIRA MM accounts throughout the year. Come the early part of the year (this year, it was January) we do a manual withdrawal against our VG/Fido MM accounts in order to pay our FIT on the RMD withdrawal, FIT ...
by Ron
Wed Oct 31, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 40
Views: 3224

Re: If On Medicare Before SS, How Do You Pay?

<snip,,,>Point of interest, did you fill out the form you referenced above, completely by filling in all the requested info, including bank account info and such? It looks like the only indication anywhere on the form to "stop" the debiting is the "Stop" checkbox itself, so an inattentive clerk cou...
by Ron
Wed Oct 31, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 40
Views: 3224

Re: If On Medicare Before SS, How Do You Pay?

I had the monthly payment deducted from my checking account from age 65 until age 70 via the Easy Pay option. Using the following form: https://www.cms.gov/medicare/cms-forms/cms-forms/downloads/sf5510english.pdf (which was used to start monthly payments when I turned 65), I simply used the "stop pa...
by Ron
Mon Oct 29, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3676

Re: How much does a car need to be driven?

My wife has a 2015 Legacy (purchased new in late 2014) and has had battery problems up to this year. After going through a lot of turmoil/excuses by the dealer (the key-less ignition fob was left in the house, close to the garage and it was draining the battery; only driving the car less than 5 mile...
by Ron
Mon Oct 29, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 5044

Re: Should I co-sign for relative?

What would Suze say? :mrgreen: :mrgreen: :mrgreen:

- Ron
by Ron
Sat Oct 27, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9525

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

<snip...> There really isn't much difference between the two methods. I like spending the dividends because it feels like income. Because I DON'T have to feel the pain of "selling" anything or "pulling" from my accounts. I think you are causing yourself a lot more distress than you need to. The who...
by Ron
Tue Oct 23, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1782079

Re: U.S. stocks in freefall

On a positive side, my/wife's RMD's for next year will be lower than this year, assuming the downturn extends to Dec 31st :mrgreen: ...

- Ron
by Ron
Sun Oct 21, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: 2 rental car reservations?
Replies: 23
Views: 1429

Re: 2 rental car reservations?

The last time I used them (a few years ago, for a Maui trip) they did go through a couple of different suppliers and sent me notification of reduction in rental rates (around three, if I remember correctly).

If they changed their process/procedures since that time, then so be it...

- Ron
by Ron
Sun Oct 21, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: noisy generator
Replies: 60
Views: 4337

Re: noisy generator

<snip> Ron, what is "the original break in period" to get to the 200 hour interval? Since my unit is just over 5 years old, the new units may have different requirements. That being the case, I'm not going to suggest what you should do for your unit. Rather than depend on your installer (who may no...
by Ron
Sun Oct 21, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: 2 rental car reservations?
Replies: 23
Views: 1429

Re: 2 rental car reservations?

I use https://www.autoslash.com/ . They change reservations automatically depending on the better deal at the time of the car pickup.

They also make/change/delete reservations across multiple suppliers depending on the best rate (I doubt if they feel guilty :D ).

- Ron
by Ron
Sun Oct 21, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: noisy generator
Replies: 60
Views: 4337

Re: noisy generator

Changing oil on a Generac standby unit is fairly simple. It takes me (at the most) about 10-15 minutes to do. Here's a step by step instruction: https://www.hunker.com/13409529/how-to-change-the-oil-on-a-generac-generator The only step I'll add is to remove the dipstick. That allows air pressure to ...
by Ron
Sun Oct 21, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Time To Reinvest or Time to Hold Cash
Replies: 5
Views: 941

Re: Time To Reinvest or Time to Hold Cash

My wife/me turned 70 this year and paid our respective RMD's by selling funds early in the year. At the time, we each only held about 1% in cash. Selling funds was the answer since we certainly had profits from years of market increases. Mid-year, we changed the distribution on our TIRA funds to go ...
by Ron
Sat Oct 20, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 33
Views: 3646

Re: Put more than 20% down on a house?

We were in our last home for 15 years (on a 25 year loan) and had it paid off before we had our current home built. Upon execution of the build contract, we put down just over 50% - the net proceeds from our last home. We paid off our current home (30 year loan) in just 5.5 years, paying extra on ou...
by Ron
Sat Oct 20, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: noisy generator
Replies: 60
Views: 4337

Re: noisy generator

Unfortunately, Generac is the Yugo of generators. They spend money on commercials, not on the product. Kohler is the way to go. The engines are quieter and the enclosure is designed to protect the unit from weather while attenuating noise. Looks like they are all the same: "Many central air conditi...
by Ron
Wed Oct 17, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6667

Re: Did you retire because you hit your number?

Two reasons:

1. I hit my number.
2. My work BS bucket hit the overflow mark.

That was at age 59. Today, eleven years later at age 70, I have to say it is probably was one of the best decisions I had made in my life.

- Ron
by Ron
Fri Oct 12, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 21
Views: 3049

Re: Social Security benefits up 2.8% in 2019

Regardless of if the COLA covers your personal COL, it's still a couple of thousand $$$ extra income for wife/me; more than a few extra steak dinners (even after taxes and Part B increases) next year :happy :happy :happy

- Ron
by Ron
Mon Oct 08, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 11348

Re: Alan Roth doesn't like single premium annuities

When people are set to retire they are sometimes given a choice between a lump sum and a pension (usually non COLA). The lump sum is usually several hundred thousand dollars. The advice on this forum is somewhat split some say take the lump and invest it and others say the pension. But it is a simi...
by Ron
Thu Oct 04, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 4194

Re: Black suit with dark brown shoes?

I don't know about everyone else, but I couldn't tell you what shoes anyone has worn to the last formal events I have attended. I just don't spend time looking down at the floor. I would wear the dark brown shoes. Most guys probably don't care, but I would bet that more than a few females will :P ....
by Ron
Wed Oct 03, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4610

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

Meh, whatever my heirs inherit will cover the cost of the funeral and then some. Not going to have a burial plot, it seems rather dumb to assume you deserve to take up permanent space on the earth. Funerals are for the living, they can decide what to do with me. +1 I often tell my wife, just put me...
by Ron
Tue Oct 02, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage premiums continue to decline while plan choices and benefits increase in 2019
Replies: 17
Views: 1848

Re: Medicare Advantage premiums continue to decline while plan choices and benefits increase in 2019

FWIW, my son's Annual Notice of Changes for his Blue Journey Classic (PPO) shows the monthly premium going from $62 this year, to $65 in 2019.

All deductibles, out-of-pocket, and doctor's office visits copay's remain the same.

- Ron
by Ron
Sun Sep 23, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: How do I allocate social security in retirement?
Replies: 19
Views: 1914

Re: How do I allocate social security in retirement?

I'm fortunate that in addition to my age-70 SS, I have two other retirement income streams that more than cover my budgeted net expenses each year. The only action I take with my IRA's is to cover the FIT due on those three sources of retirement retirement income, along with the FIT due on my TIRA R...
by Ron
Fri Sep 21, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 9639

Re: Delaying Social Security Until 70

Apparently the social security staff often give a recipient a lump sum representing half of a year of benefits and then calculate your retirement based on an age of 69.5 instead of 70. Make sure you tell them you do not want any retroactive lump sum. The source of my information is three years old,...
by Ron
Tue Sep 18, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3642

Re: Equity in house / Do you use it?

I paid off one note/mortgage on the house we own.

I don't want to pay for it a second time :D ...

- Ron
by Ron
Mon Sep 17, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 9639

Re: Delaying Social Security Until 70

I am not sure how you arrived at a SS benifit of $43,524/yr @ 70 but perhaps check the source to make sure your calcs are correct. Seems doable for a relatively high lifetime earner. $43,524/yr @ 70 requires an age 66 FRA PIA of about $2,748 (2747.73 * 1.32 * 12 = 43524.04). Current maximum PIA per...
by Ron
Mon Sep 17, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4998

Re: Dilemma: Add room to current house or buy new house?

In my neck of the woods (mid-Atlantic) below grade (finished or not), garages, and other normal non-living areas are not included in the house sq ft for tax nor sale purposes. While your local taxing/sales data may be different, what is the actual sq ft of your house if you remove all the non-climat...