Search found 309 matches

by Old Guy
Tue May 07, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Reorganization - Ageism?
Replies: 23
Views: 4541

Re: Reorganization - Ageism?

Complaints of age discrimination in employment should be filed with EEOC unless it involives an educational institution. Then you file with OCR of the US Department of Education. State agencies may also have jurisdiction.
by Old Guy
Tue May 07, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Which US city would you move to?
Replies: 74
Views: 7014

Re: Which US city would you move to?

Re what 22 said. I always told people that they should have their child pick a college in a place they wanted to visit. Our son went to USC. A great place to visit during the cold weather in Wisconsin.

By the way, he got in on his own.
by Old Guy
Tue May 07, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Which US city would you move to?
Replies: 74
Views: 7014

Re: Which US city would you move to?

We lived in Madison WI for ten years, downtown, a few blocks from the Capital. My wife and I loved it BUT it’s too darn cold and icy for us old people. The last year we were there my wife separated her shoulder from a fall. We also had a place in downtown Chicago, which we hated to sell when we move...
by Old Guy
Sun Apr 21, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Vacation home experiences?
Replies: 35
Views: 3444

Re: Vacation home experiences?

Unlike the commenters so far, we bought a second place in the city. When we lived in Madison Wisconsin we bought a 2+2 condo in downtown Chicago, River North. It was a straight shot down on I 90 to the Ohio Street exit. Traffic could be bad around O’Hare but otherwise it took us between 2 1/4 hours ...
by Old Guy
Sun Apr 14, 2019 2:40 pm
Forum: Personal Consumer Issues
Topic: Park City Utah Hiking
Replies: 23
Views: 1371

Re: Park City Utah Hiking

Im 76. Just walking up Main St. is enough of a hike for me.

Do really like Park City. We try and go every summer for a week.
by Old Guy
Fri Apr 12, 2019 10:48 pm
Forum: Personal Consumer Issues
Topic: Help Me Move to Low Country USA
Replies: 22
Views: 2861

Re: Help Me Move to Low Country USA

Beware of communities in Bluffton that require golf membership. An article in the Island Packet several years ago indicated that people in these communities were having great difficulty in selling their homes because of the high initiation and yearly fees. This doesn’t seem to be a problem on HH.
by Old Guy
Fri Apr 12, 2019 8:57 am
Forum: Personal Consumer Issues
Topic: Help Me Move to Low Country USA
Replies: 22
Views: 2861

Re: Help Me Move to Low Country USA

Hilton Head Island. We’re full time residents in Port Royal Plantation. Our house, move in ready with a brand new second floor, was listed at 750 and we paid 735 in 2014. We’re on a beach path four minute walk to the sand. Low country refers to costal South Carolina because it’s barely above the oce...
by Old Guy
Sat Mar 30, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Question for swimming pool owners
Replies: 14
Views: 1576

Re: Question for swimming pool owners

We have a small pool with only two lights. I like to turn them on because quite frankly it’s pretty. You’re right, a future buyer may have a problem but I can’t see them not buying a house they like just because of the pool lights. Lights can be put around the pool.
by Old Guy
Fri Mar 29, 2019 5:23 pm
Forum: Personal Consumer Issues
Topic: iPad Pro 10.5"
Replies: 16
Views: 1101

Re: iPad Pro 10.5"

I bought a refurbished 10.5 256 gig 2017 model. Best thing about it is that you can still use your wired ear phones
by Old Guy
Thu Mar 28, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 86
Views: 9672

Re: How will you spend your retirement money?

What literally ironic said. I do as little as possible. Retired from my retirement job at 72. Wife retired from her retirement job at 68. We upsized and moved to the beach. I work out five days a week. Ride my bike. Read free books on my iPad. Volunteer once a month. Walk the dog. Clean the house (w...
by Old Guy
Wed Mar 13, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 6407

Re: How many companies have you worked for?

Post graduate school, I worked for a state government for two years and taught part-time at a branch of the state university. I then moved on to the federal government for 30 years and worked in two departments totaling four agencies. My retirement job was at a B1G university for 10 years where I se...
by Old Guy
Thu Mar 07, 2019 11:17 am
Forum: Investing - Theory, News & General
Topic: "A Couple Doesn't Agree On Financial Priorities. How Can They Resolve Their Differences."
Replies: 64
Views: 7473

Re: "A Couple Doesn't Agree On Financial Priorities. How Can They Resolve Their Differences."

My wife was a branch chief in the federal government and ran a funding program of about $500,000,000. Because she’s not used to making any financial decisions that are not followed by at least six zeros she leaves all our money decisions including investing and bill paying up to me. We discuss any b...
by Old Guy
Wed Mar 06, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 123
Views: 14558

Re: Spam calls to cell phone...

What do you do about spam telephone calls that are from your own telephone number? You can’t block them because if you do you will not get any telephone calls that you really want.
by Old Guy
Mon Mar 04, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: Why do you live where you live?
Replies: 134
Views: 8713

Re: Why do you live where you live?

Hilton Head Island. Four minute walk from the beach. Nice people. Gated community. Most expensive house we’ve ever had. Embarrassingly cheap taxes. Mild winters. Lots of restaurants. Plenty of live theater. Can do without the pollen and the hot, humid summers. Previously lived in DC and NoVa for thi...
by Old Guy
Thu Feb 28, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Luxury vacation towns ??
Replies: 51
Views: 3956

Re: Luxury vacation towns ??

Hilton Head Island.

My brother has owned at Seaside for over 20 years. The developers have really junked it up with over commercialization. They have not done any favors to the home owners there.
by Old Guy
Mon Feb 25, 2019 9:49 pm
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 99
Views: 11593

Re: Tired of gas grills rusting out...

My four year old spirit has brown spots on the side tables. I had to replace the flavor bars and the igniter has stopped working. We live a four minute walk from the ocean. It’s kept covered on the deck. It has to be kept covered this time of the year because of the immense amount of pollen in our a...
by Old Guy
Sun Feb 24, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: Relocate to Carolinas
Replies: 80
Views: 6860

Re: Relocate to Carolinas

https://m.youtube.com/watch?v=po2RGPkXhIw

If horror films really took place in the south.
by Old Guy
Sat Feb 23, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Why Working as a Senior Male is Wise...
Replies: 104
Views: 11717

Re: Why Working as a Senior Male is Wise...

To be honest, I never understood those who want to retire early. I liked working as did my wife. All of our adult work had social utility. I also liked all the money and assets we accured by working, for me into my 70s and for my wife until her late 60s. I retired from the feds at 60, benefiting fro...
by Old Guy
Fri Feb 22, 2019 8:54 am
Forum: Personal Investments
Topic: Should I keep money in TSP long term?
Replies: 66
Views: 2914

Re: Should I keep money in TSP long term?

Because my wife and I are in our mid 70s, we just rolled over our TSP to Fidelity. We did this because of the inheritance issue. Otherwise we would have stayed. A great program.
by Old Guy
Sat Feb 16, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Buying a 2019 RAV4 hybrid - how to pay for it?
Replies: 76
Views: 3824

Re: Buying a 2019 RAV4 hybrid - how to pay for it?

We just paid $24,000 plus for a regular gas 2018 Rav 4 with 6,000 miles on it. It was used as a pick up car at the dealer. Paid cash. Live in far SE SC.

By the time we learn all the electronics on this XLE it will be time to sell it.
by Old Guy
Sat Feb 09, 2019 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 124
Views: 23653

Re: Have $3m at 33, "approach to career" advice needed

Congratulations. You won. Get out the current job and do something socially useful.
by Old Guy
Thu Jan 24, 2019 9:41 am
Forum: Personal Investments
Topic: Appropriate Fidelity Funds in my Situation
Replies: 8
Views: 456

Re: Appropriate Fidelity Funds in my Situation

What I’m looking for is a way of preserving capital considering RMDs.
by Old Guy
Thu Jan 24, 2019 9:26 am
Forum: Personal Investments
Topic: Appropriate Fidelity Funds in my Situation
Replies: 8
Views: 456

Re: Appropriate Fidelity Funds in my Situation

I did pick that on purpose. I’m looking for a stable value type fund and this seemed to match. But what do I know?
by Old Guy
Thu Jan 24, 2019 7:53 am
Forum: Personal Investments
Topic: Appropriate Fidelity Funds in my Situation
Replies: 8
Views: 456

Appropriate Fidelity Funds in my Situation

We’ve decided to move our TSP into Fidelity because of inheritance issues. I’m 76 and my wife is in her 70s. We have one child. I’m thinking of splitting the money between their 2020 or 2025 lifecycle fund and the Fidelity Balanced Fund. What are your thoughts?
by Old Guy
Sat Jan 19, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 127
Views: 14257

Re: How much money did you receive from family? (Gifts/inheritance)

I was fortunate. My parents paid for college and some of grad school. After that the only money I received was a share of my Dad’s VA insurance. My wife’s family situation was very unfortunate. She lost both her parents, her father was a victim of WW II, as a child and was raised by relatives. Socia...
by Old Guy
Fri Jan 18, 2019 10:40 am
Forum: Personal Investments
Topic: Fidelity? Which Fund for Capital Preservation?
Replies: 5
Views: 549

Re: Fidelity? Which Fund for Capital Preservation?

Ok. Thanks. I understand what you’re saying. Does Fidelity have a stable value fund? As an alternative would a life cycle fund, say 2020, work to meet my needs?
by Old Guy
Fri Jan 18, 2019 9:20 am
Forum: Personal Investments
Topic: Fidelity? Which Fund for Capital Preservation?
Replies: 5
Views: 549

Fidelity? Which Fund for Capital Preservation?

We’re an older couple in our 70s. We’re moving a lot of out investments to Fidelity from TSP (for inheritance reasons), a municipal government fund like TSP, and an IRA currently with LPL. We would like to preserve what we having understanding that RMDs will impact the numbers. Suggestions? Both of ...
by Old Guy
Mon Jan 07, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: For those retired a few years
Replies: 58
Views: 4939

Re: For those retired a few years

Both my wife and I are four years into retirement. We now own the most expensive house, by far, we have ever owned. We live in a beach community in the southeast. Added a pool this year. Despite the cost of the house, the mortgage is less then the condo and the in-town we had when we were working. S...
by Old Guy
Sat Jan 05, 2019 8:05 am
Forum: Personal Consumer Issues
Topic: How old is too old to buy a house?
Replies: 50
Views: 4190

Re: How old is too old to buy a house?

I bought the largest and most expensive house we have ever had when I was 72. Do whatever you want to do.
by Old Guy
Sun Dec 30, 2018 6:11 am
Forum: Personal Consumer Issues
Topic: Must sees in Kauai.
Replies: 39
Views: 2499

Re: Must sees in Kauai.

There’s an interesting tour featuring the locations of movies made on the island.
by Old Guy
Tue Dec 18, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 21230

Re: What Happened to you during the Financial crisis of 2007–2008

We did just fine. Didn’t need our investments so we just waited it out. We were both working in second careers and had very nice federal pensions. We took advantage of the real estate downtown and in 2009 we bought a downtown condo in Chicago for weekends for $45,000 less than the asking price. When...
by Old Guy
Sun Dec 16, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 565
Views: 64450

Re: Fidelity as a one stop shop

I’m thinking of moving our TSP accounts to Fidelity based on comments in a thread I posted recently because of inheritance issues in Thrift. Does Fidelity offer anything to new customers? In another thread I saw a mention of American Airline miles.

Thanks.
by Old Guy
Tue Dec 11, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 8110

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

Different strokes by different folks—Sly Stone.
by Old Guy
Sat Dec 01, 2018 11:51 pm
Forum: Personal Investments
Topic: Plese review investments for older couple
Replies: 5
Views: 793

Re: Plese review investments for older couple

Thanks for the advice.

For the reasons mentioned above relating to inheritance of TSP funds, is there a preference for switching to Vanguard or Fidelity target date funds?
by Old Guy
Sat Dec 01, 2018 1:40 pm
Forum: Personal Investments
Topic: Plese review investments for older couple
Replies: 5
Views: 793

Re: Plese review investments for older couple

Watty:

See this discussion of LPL, viewtopic.php?t=257521.
Should be ETF.
by Old Guy
Sat Dec 01, 2018 12:34 pm
Forum: Personal Investments
Topic: Plese review investments for older couple
Replies: 5
Views: 793

Plese review investments for older couple

That older couple being me, 76 and wife, 72. We have substantial pensions from the federal (civil service not thrift) and state governments and social security. We only take RMDs from our investments. We do spend some of the available cash on our house, travel and giving money to our only child. So ...
by Old Guy
Mon Nov 19, 2018 9:08 am
Forum: Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8462

Re: Current Retirees: Do you touch your principal?

RMDs only on investments. Do spend cash left over from RMDs. Because we have very good pensions, federal and state, it’s easier for us then it probably is for other folks.
by Old Guy
Wed Nov 14, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: Treating I-Bonds as Long-term Bond Holdings
Replies: 30
Views: 4817

Re: Treating I-Bonds as Long-term Bond Holdings

I bought $27,000 in I bonds in 2001 when my son was going off to college. Didn’t need the money for that. I have 19 left worth $45,500. They have done very nicely. Originally bought them with my Marriott credit card and got 27,000 reward points.
by Old Guy
Thu Nov 08, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: iMac + iPad Pro
Replies: 29
Views: 2292

Re: iMac + iPad Pro

Thanks for the advice. Ordered it. $679 plus tax. I’m tired of struggling with the charging.
by Old Guy
Thu Nov 08, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: iMac + iPad Pro
Replies: 29
Views: 2292

Re: iMac + iPad Pro

I don’t use a Mac but I do own an older 9.7 iPad with a cracked screen that’s difficult to charge. I have been looking at the Apple refurbished 256 10.5. I wonder if the price will come down this month when the new iPads are released. I use the iPad everyday for reading and the news. The wife uses i...
by Old Guy
Thu Nov 08, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 15473

Re: How much money are you leaving your kids after you die?

All of it.

Right now we’re gifting him $10,000 per year. I don’t think he needs to wait until we’re dead to get at least some of the money.
by Old Guy
Wed Oct 03, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 155
Views: 17123

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

London.
Park City UT and UT mountains in the summer to look at not hike.
Hilton Head Island where we live.
by Old Guy
Thu Aug 16, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3289

Re: Celebrating the day you retired

The next day we went to Aruba for two weeks.
by Old Guy
Sun Aug 12, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: Joint checking accounts.
Replies: 26
Views: 2217

Re: Joint checking accounts.

Joint accounts for 43 years. My wife has some of her own credit cards.
by Old Guy
Sat Aug 11, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 7059

Re: Paper checks yes or no?

Automatic withdrawal for utilities. Pay credit cards and mortgage electronically. Just built a pool and all that had to be paid by check. Also pay handyman by check as well as some charities. So, checks are still important in my situation.