Search found 2109 matches

by vested1
Fri Aug 07, 2020 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: your retirement vs. your parents
Replies: 20
Views: 1800

Re: Retirees: your retirement vs. your parents

My parents died in their 90's with a mortgage while living paycheck to paycheck, dying deeply in debt. My siblings and I bailed them out several times, both financially, with unheeded advice, and by my two eldest sisters living with them and caring for them the final 4 years of their lives. This les...
by vested1
Fri Aug 07, 2020 6:13 am
Forum: Personal Consumer Issues
Topic: Mortgage sold - no contact from new lender
Replies: 24
Views: 1697

Re: Mortgage sold - no contact from new lender

BTW, if the OP's new lender is or has been associated at one time with One West, Indymac, Nationstar, Mr Cooper, CIT or any one of their affiliates I would pay even closer attention to their mortgage status. Officers at these companies tend to migrate from one to the other, bringing their lucrative ...
by vested1
Fri Aug 07, 2020 5:01 am
Forum: Personal Consumer Issues
Topic: Mortgage sold - no contact from new lender
Replies: 24
Views: 1697

Re: Mortgage sold - no contact from new lender

Title pretty much says it all - my mortgage was paid off yesterday, indicating that it was purchased by a new bank, but I have not been contacted by my new lender. (My guess is they sent something by email which got intercepted by my spam filter). The 1st of the month was Saturday, so I didn't even...
by vested1
Thu Aug 06, 2020 6:05 am
Forum: Personal Consumer Issues
Topic: trex or redwood for large deck replacement
Replies: 19
Views: 1684

Re: trex or redwood for large deck replacement

At our previous home we had a large multi-level redwood deck, about 600 sq feet, I personally pressure washed it and restained it every 2 to 3 years depending on the appearance. Eventually about half of the deck had to be replaced because it was contacting the ground (improperly installed before I o...
by vested1
Wed Aug 05, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960
Replies: 89
Views: 6861

Re: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960

In theory, wouldn't extended periods of lower national wages lead to less inflation, which would help SS earners? It doesn't help when prescription costs and medical cost increases aren't accounted for in SS COLA computations having to do with inflation. Our out of pocket costs for a single prescri...
by vested1
Wed Aug 05, 2020 8:05 am
Forum: Personal Consumer Issues
Topic: Refrigerator Advice
Replies: 51
Views: 4601

Re: Refrigerator Advice

We had a Samsung Stainless lower freezer fridge and hated digging for what we wanted constantly. It was ridiculously noisy and the ice storage was tiny. But hey, it looked nice. Then we sold a condo that had an expensive LG stainless steel french door fridge that looked good too. Too bad it was just...
by vested1
Mon Jul 27, 2020 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Driveway On Neighbor's Land
Replies: 139
Views: 4235

Re: Land Border Issues & Aggressive Neighbor - Help Wanted Please

1 Stop communication. Disengage from the matter. Let your legal counsel handle everything. 2 Or, Get a survey and move your driveway and be done with it. People will almost always do as they do with no obligation to be civil, fair, or nice. And, once empowered and enabled, even moreso. Aggression c...
by vested1
Mon Jul 27, 2020 3:48 am
Forum: Personal Consumer Issues
Topic: What about northeast corner of GA? (sorry about long post)
Replies: 67
Views: 6849

Re: What about northeast corner of GA? (sorry about long post)

We looked at lake homes in SC and Georgia last year and found the medical facilities and access to shopping in north Georgia to be a deal breaker. The tax exemptions are tempting, but you still get a 30k exemption on retirement income in SC with SS not taxed by the state, and the sales tax is capped...
by vested1
Sun Jul 26, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: On-call on weekends ?
Replies: 61
Views: 5023

Re: On-call on weekends ?

I would say that if you signed the employment agreement that you are bound by it as long as you work there. I spent several decades on call, not only on weekends but at night as well. This commitment I made was in both hourly and salaried positions. That being said, I will quote Denzel Washington fr...
by vested1
Sun Jul 26, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960
Replies: 89
Views: 6861

Re: What the Heck, Reduced SS Benefits For Boomers Born In 1960 due to COVID

Interesting note: in the case of SS benefits due to death or disability, the basis for AWI is not age 60 year but rather the year two years prior to the year of death or onset of disability. Thus the dip in AWI in 2020 will also affect anyone filing for SS benefits based on the earnings record of s...
by vested1
Sun Jul 26, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960
Replies: 89
Views: 6861

Re: What the Heck, Reduced SS Benefits For Boomers Born In 1960 due to COVID

Interesting topic, and just thinking out loud. Those who turned 60 in 2009 were born in 1949, and due to the nearly 10% average unemployment during that year of the recession, the average wage index was $623 less than in 2008. Since the current average unemployment in 2020 is 11.1% half way through ...
by vested1
Tue Jul 21, 2020 9:35 am
Forum: Personal Finance (Not Investing)
Topic: It is okay to spend money on depreciating assets?
Replies: 51
Views: 3649

Re: It is okay to spend money on depreciating assets?

I don't know where you live or how close your body of water is/if there are already rentals there. I looked into this a while ago and if you have a rental place for skis close by on a body of water you would normally use your own on anyway it makes zero sense to buy one. The average jet ski owner u...
by vested1
Tue Jul 21, 2020 9:09 am
Forum: Personal Consumer Issues
Topic: Leather seat covers for 2012 ES350
Replies: 14
Views: 888

Re: Leather seat covers for 2012 ES350

I did it on my 2000 GMC Sierra truck and it came out great, but it's not easy to get the old leather off and the new leather on. I only did the driver's side which was ripped and it took hours to complete the job, and halfway through I was wondering if I'd ever get it done correctly. I also had to a...
by vested1
Sat Jul 18, 2020 7:12 am
Forum: Personal Consumer Issues
Topic: AC experts, what would you do?
Replies: 62
Views: 4080

Re: AC experts, what would you do?

Since you will be required to disclose this issue (and even if you weren't IMO) I would replace the whole unit. I would also ask your agent to make it known that you didn't have to do so. The results may pleasantly surprise you, especially if you have a smart real estate agent. We sold our home of 2...
by vested1
Fri Jul 17, 2020 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

[ Honestly I would have been fine with the $1007 and wouldn't have thought much about it, except that I would avoid anywhere on a golf course where I might hit a car in the future. I would have been fine with it too, and I told him in an email prior to the repair that I would pay the bill regardles...
by vested1
Fri Jul 17, 2020 4:31 am
Forum: Personal Finance (Not Investing)
Topic: For those of you who moved when you retired, when did you sell your home relative to when you retired?
Replies: 15
Views: 1686

Re: For those of you who moved when you retired, when did you sell your home relative to when you retired?

So much is dependent on personal circumstances with this decision that you are bound to get anecdotal stories, like ours. We felt obligated, although not resentful about it, to stay in our home in CA during retirement to provide support for my MIL, who spent her last 4 years in skilled nursing. My w...
by vested1
Thu Jul 16, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Yes my main point in posting wasn't about avoiding responsibility or challenging the cost: just to get something in writing once there's a quote to fix the damage...to ensure there's closure vs an open ended can of worms if you're unlucky enough to encounter a less-than-ethical "victim".... And the...
by vested1
Thu Jul 16, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Back in the 80s I heard a bang while on short final landing at Daniel Field in Augusta. I was unnerved, but the landing was routine. I inspected the aircraft and could find no damage, but assumed that I was hit by a ball off the Augusta Municipal course which surrounds that runway's approach. The p...
by vested1
Thu Jul 16, 2020 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Although I don't play golf now, when faced with a dangerous situation like the public road or a nearby house, I'd just walk the ball up to where I was past the threat. I say walk because obviously no Boglehead would ever use a cart - too expensive. Actually now that I think about it, no Boglehead w...
by vested1
Thu Jul 16, 2020 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Thoughts: 1. Congratulations on "stepping up". (story) We had a fellow in our senior retiree golf league who hit a drive into a house window. The owner came out and drove around the golf course with a police officer looking for the "bad guy". Our league member stepped up and claimed responsibility ...
by vested1
Thu Jul 16, 2020 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

And this is why I always put someone else’s initials on my golf ball. OP, you left out the most important part of the story. What did you end up taking on the hole? I feel like I could have saved bogey. I decided to move on to the next hole, mostly in disgust about my shot, and didn't even try to f...
by vested1
Thu Jul 16, 2020 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

What the OP did is very nice and a good thing, but I am not convinced that what OP did is the right thing. It seems to me that the golf course is liable (or ought to be) for not having a net along the road. I think the OP should seek reimbursement from the golf course. I think it would have been re...
by vested1
Thu Jul 16, 2020 5:20 am
Forum: Personal Consumer Issues
Topic: Retirees: How you spend your time?
Replies: 50
Views: 5080

Re: Retirees: How you spend your time?

I'm fortunate to have a wife who values independence as much as I do, so there is never any pressure to share interests, although we do share some, nor to conform to the other person's schedule. By average time in a week in descending order: Reading/writing on the computer Doing puzzles of all types...
by vested1
Wed Jul 15, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Because the standard for tort liability is negligence, not intentional conduct. It seems to me that if a golfer hits a ball into a car window when he knows that it is possible for his shots to leave the course and impact on an adjacent public roadway, then that is negligence. I happen to agree with...
by vested1
Wed Jul 15, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Yes you did the right thing - however from your description its not clear to me if this was a random completely unlikely event or something rare but forseeable. Should the course have netting? At the very least I would report the incident to your HOA management for their awareness. If its something...
by vested1
Wed Jul 15, 2020 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

You did the right thing. People saying that the driver had even a micropercent of fault are completely wrong. Using their misguided logic, I would have to always weave my way out of my neighborhood. There's a shooting range to our east, another to the north and a third to the south. Should a bullet...
by vested1
Wed Jul 15, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

Mountain Doc wrote:
Wed Jul 15, 2020 12:36 pm


I have no comment on your golf game, except to say it sounds on par bogey with mine.
There, fixed that.
by vested1
Wed Jul 15, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

The car owner was fortunate to deal with someone honest like yourself who just wanted to make him whole without a lot of unnecessary problems and uncertainties. He probably was lucky in several ways.. As was I. It could have been body damage, or even worse, the cause of an accident. I always listen...
by vested1
Wed Jul 15, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Re: Liability for Golf Ball Through Windshield

It is a public road abutting the golf course. The HOA community is entered through a gate adjacent to the 5th tee off the same public road. Golf is free to residents, but that round cost me $260. The injured party lives close but not in the HOA community.
by vested1
Wed Jul 15, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for Golf Ball Through Windshield
Replies: 93
Views: 5800

Liability for Golf Ball Through Windshield

I thought it might be helpful to post my experience for someone who may run into this situation in the future. If any insurance agents are reading, or if anyone has gone through this, maybe they can add their perspective. Our HOA has a golf course where two of the holes run parallel to a 2 lane road...
by vested1
Wed Jul 15, 2020 7:01 am
Forum: Personal Finance (Not Investing)
Topic: How do you manage your taxes?
Replies: 65
Views: 4484

Re: How do you manage your taxes?

So much easier in retirement, than while employed. Both my wife and spent most of our careers subject to substantial overtime pay, which was impossible to calculate. Now, barring unforeseen expenses our income is planned and steady. If we do need to withdraw savings from an account subject to taxes ...
by vested1
Wed Jul 15, 2020 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: is the wisdom still relevant
Replies: 190
Views: 12979

Re: Delaying Social Security: is the wisdom still relevant

Why must every thread dealing with the issue of either delaying or not delaying SS devolve into the "Armageddon" of the depletion of the SS trust fund in 2034 by those who insist on bringing it up. Fully two of the four pages of the responses to this question have centered on that single issue. "It'...
by vested1
Mon Jul 13, 2020 10:47 am
Forum: Personal Consumer Issues
Topic: Elderly parent living situation
Replies: 37
Views: 2039

Re: Elderly parent living situation

You are not being unreasonable but your sister is if what you say is accurate. We went through the same thing with my MIL, in that if she agreed to move in with us the house would need a major remodel upwards of 100k. I was willing to have her move in but not willing to take the financial hit. Her s...
by vested1
Mon Jul 13, 2020 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of paying off mortgage
Replies: 146
Views: 8859

Re: Talk me out of paying off mortgage

It doesn't have to be either one or the other. For example, you can make annual one time payments of $30,000 and reduce the term of your 15 year loan to less than 6 years and save yourself over $42,000 in interest. I would suggest finding an online amortization calculator that allows you to input th...
by vested1
Mon Jul 13, 2020 6:12 am
Forum: Personal Consumer Issues
Topic: Recommend 3 southern locales to retire!
Replies: 86
Views: 9559

Re: Recommend 3 southern locales to retire!

No location suggestions, however being a transplanted "Northerner" myself, it's your attitude that might keep you from fitting in. Brooklyn to Tn 27 yrs ago. To be fair, and not political, it's both your own attitude and that of the locals. We moved from the west coast to a southern east coast stat...
by vested1
Fri Jul 10, 2020 5:46 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16627

Re: What is the best financial decision you ever made?

#1. Buying my ex-wife out of my retirement for 20k 29 years ago. #2. Marrying my soulmate 28 years ago. #3. Delaying SS for the survivor benefit and the longevity insurance aspects. #4. Ditching the mortgage by selling the overpriced home in CA and relocating to a LCOL state in retirement. Buying a ...
by vested1
Wed Jul 08, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 20923

Re: What to do with all this MONEY ?

IMO it is unethical to leave large inheritances to offspring. It depends on the motive of the giver, and the ability of the child to treat it responsibly. I knew of a family whose every member was obsessed with getting an inheritance, and whenever someone died the vultures would descend, with judge...
by vested1
Tue Jul 07, 2020 9:19 am
Forum: Investing - Theory, News & General
Topic: Does it really matter when you claim Social Security
Replies: 109
Views: 9269

Re: Does it really matter when you claim Social Security

Of course it matters, and every strategy can be defended, either by facts or assumptions. I just turned 68, so two years to go on my delay. This was a hot topic with friends and family when I was approaching the minimum age for filing. I was the only one delaying, even though all concerned were marr...
by vested1
Mon Jul 06, 2020 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 105
Views: 7924

Re: Question - Reloc to TX

Property tax rates are high in Texas, but you really need to compare house to house. If a 3 bedroom 1000 sq foot ranch on 1/4 acre (about 11,000 sq feet) costs $1M in San Jose with a rate of 0.5%, you're paying $5k a year. If that same house in Plano costs $200k with a rate of 2.5%, you're paying $...
by vested1
Sat Jul 04, 2020 4:43 am
Forum: Personal Consumer Issues
Topic: Risk with a malfunctioned fuel gauge
Replies: 51
Views: 2076

Re: Risk with a malfunctioned fuel gauge

As a couple of other members have mentioned, do a little research to see if there are more serious consequences for not getting it fixed. I had a 2000 GMC truck which had the same problem, common in GM vehicles of that time, where the gas gauge would start acting erratically then the engine would di...
by vested1
Fri Jul 03, 2020 4:09 am
Forum: Personal Consumer Issues
Topic: I sold my boat today
Replies: 20
Views: 3993

Re: I sold my boat today

My wife and I had a shared birthday yesterday and our kids, grandkids, and great granddaughter came over to help us celebrate. We pulled them around the lake all day on a tube (not all at one time however), which provided some hilarious memories and a few videos. So far the vote has been 2-0 to keep...
by vested1
Wed Jul 01, 2020 5:15 am
Forum: Personal Consumer Issues
Topic: Very elderly MIL moving from Assisted Living to permanent Skilled Nursing - suggestions?
Replies: 6
Views: 1178

Re: Very elderly MIL moving from Assisted Living to permanent Skilled Nursing - suggestions?

Your MIL sounds like a carbon copy of mine, who spent her last 4 years in a skilled nursing facility, and died in 2018 at age 94. She was very sharpe, in mind and in tongue, with occasional lapses of memory. Small things make a big difference. You had mentioned that your DH can't visit, which is li...
by vested1
Tue Jun 30, 2020 4:30 am
Forum: Personal Consumer Issues
Topic: Very elderly MIL moving from Assisted Living to permanent Skilled Nursing - suggestions?
Replies: 6
Views: 1178

Re: Very elderly MIL moving from Assisted Living to permanent Skilled Nursing - suggestions?

Your MIL sounds like a carbon copy of mine, who spent her last 4 years in a skilled nursing facility, and died in 2018 at age 94. She was very sharpe, in mind and in tongue, with occasional lapses of memory. Small things make a big difference. You had mentioned that your DH can't visit, which is lik...
by vested1
Tue Jun 30, 2020 3:39 am
Forum: Personal Consumer Issues
Topic: I'm Buying a Boat...
Replies: 101
Views: 6395

Re: I'm Buying a Boat...

My dear friend always says do the math. So this is how I figured $100 per hour to own a boat. Your results may vary. My initial estimate was pretty close. Cost per day for the boat License- $200 Depreciation- $2400 -10% per year Insurance- $300 Gas- $2240 -average owner uses it 14 days*10 gallons/ ...
by vested1
Mon Jun 29, 2020 6:16 am
Forum: Personal Consumer Issues
Topic: I'm Buying a Boat...
Replies: 101
Views: 6395

Re: I'm Buying a Boat...

We have 5 boats. 2019 16' bass boat with a 2 stroke 50 hp outboard and a trolling motor (20k), 20' 2020 pontoon boat with a 2 stroke 90 hp outboard (30k), 16' 20 year old 60 pound canoe, two 16', 15 year old single kayaks, 60 pounds each. We have our own covered dock with a slip and a new boat lift...
by vested1
Mon Jun 29, 2020 5:59 am
Forum: Personal Consumer Issues
Topic: I'm Buying a Boat...
Replies: 101
Views: 6395

Re: I'm Buying a Boat...

We have 5 boats. 2019 16' bass boat with a 2 stroke 50 hp outboard and a trolling motor (20k), 20' 2020 pontoon boat with a 2 stroke 90 hp outboard (30k), 16' 20 year old 60 pound canoe, two 16', 15 year old single kayaks, 60 pounds each. We have our own covered dock with a slip and a new boat lift,...
by vested1
Thu Jun 25, 2020 10:43 am
Forum: Personal Consumer Issues
Topic: Anybody moved out of State recently.
Replies: 27
Views: 2491

Re: Anybody moved out of State recently.

That's even more convoluted than NC. We could get license as long as we had some bills with new address. DMV doesn't do plates so you drive to another location to registration and taxes (1200 for our two cars) via check and the service fee to the location in cash only. How could they require a SC d...
by vested1
Wed Jun 24, 2020 7:25 am
Forum: Personal Consumer Issues
Topic: Anybody moved out of State recently.
Replies: 27
Views: 2491

Re: Anybody moved out of State recently.

The number one priority when you arrive in your new state is to immediately establish residence, especially if your new state is more tax friendly. Many private companies, as well as state governments treat those who have just arrived as transitory until they have been in residence for one year. Th...
by vested1
Sat Jun 20, 2020 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: House not appraising to sale price
Replies: 51
Views: 6990

Re: House not apprising to sale price

A lot depends on your realtor's experience and contacts. I've had appraisals done in the past for loans that came in much lower than comps, but when it came to selling our home, I went with the highest rated local realtor who was tops in sales in the area for years, and there was a reason for it. We...
by vested1
Sat Jun 20, 2020 5:11 am
Forum: Personal Consumer Issues
Topic: Anybody moved out of State recently.
Replies: 27
Views: 2491

Re: Anybody moved out of State recently.

Someone mentioned the new state's DMV punching a hole in their old driver's license. We moved to SC from CA and our old licenses were confiscated, with new ones issued on the spot, as were license plates in the DMV office. I would arrange for all varieties of insurance coverage immediately upon arri...