Search found 219 matches

by lynneny
Fri Feb 21, 2020 12:15 am
Forum: Personal Consumer Issues
Topic: Exploring new hobbies before retirement: how to find time?
Replies: 16
Views: 1200

Re: Exploring new hobbies before retirement: how to find time?

I had zero hobbies when I was laid off from a very demanding job two years ago at the age of 61. Now I don't know how I used to find the time to go to work. So don't worry about it.
by lynneny
Sun Jan 05, 2020 7:42 pm
Forum: Personal Investments
Topic: How bad is this IRA; should it be moved?
Replies: 8
Views: 681

How bad is this IRA; should it be moved?

A 50-year-old friend left her job a couple years ago and rolled her 401(k) with Empower Retirement into an IRA with the same company. So now M. has an Empower Retirement Traditional IRA, worth about $50,000. M. is currently living on income from a couple small rentals and fulfilling a dream of becom...
by lynneny
Mon Dec 30, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I send IRS a quick 2019 payment this way before year end
Replies: 14
Views: 1813

Re: Can I send IRS a quick 2019 payment this way before year end

OP here. You guys were right - it was easy! It took about 5 minutes to make the estimated payment to the IRS. In the end, I did the credit card payment as the quickest. The small fee charged for credit card payments is about the same as the cash-back amount I earn from my credit card, so that was a ...
by lynneny
Sat Dec 28, 2019 1:10 am
Forum: Personal Investments
Topic: Retirement outside USA - How does Roth work?
Replies: 18
Views: 5731

Re: Retirement outside USA - How does Roth work?

Interesting post, glad it was resurrected! I retired to Mexico last year, and Kramer's post above is accurate about which taxes Americans in Mexico are and aren't subject to. The main takeaway is that if you're a retired American, and no longer earning any money, the Mexican tax authorities don't ca...
by lynneny
Sat Dec 28, 2019 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Can I send IRS a quick 2019 payment this way before year end
Replies: 14
Views: 1813

Re: Can I send IRS a quick 2019 payment this way before year end

Thank you, that's very reassuring, both in regard to the amount of the fine and that the 1040-ES only contains the basic info that I have to fill in to make the online payment anyway.
by lynneny
Thu Dec 26, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can I send IRS a quick 2019 payment this way before year end
Replies: 14
Views: 1813

Re: Can I send IRS a quick 2019 payment this way before year end

That's all very helpful, thank you! And what a relief.
by lynneny
Thu Dec 26, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can I send IRS a quick 2019 payment this way before year end
Replies: 14
Views: 1813

Can I send IRS a quick 2019 payment this way before year end

I retired in 2018, and didn't expect to owe federal income tax in 2019, so I didn't set up estimated payments to IRS this year. I planned to tax gain harvest highly-appreciated stock just up to the amount that would keep me in 0% bracket for capital gains. But with stock market up, my asset allocati...
by lynneny
Sun Dec 01, 2019 1:44 am
Forum: Non-US Investing
Topic: Is Fidelity friendly to expats?
Replies: 1
Views: 540

Is Fidelity friendly to expats?

Fidelity has a new, no-fee Health Savings Account. I'd love to move my HSA to Fidelity,  but don't know if they'll accept me. I kept a U.S. mailing address, which Fidelity requires, when  I retired to Mexico last year, but many U.S. financial institutions are reluctant now to deal with expat America...
by lynneny
Sat Nov 30, 2019 5:51 pm
Forum: Non-US Investing
Topic: Expat friendly brokerages as of April 2019?
Replies: 19
Views: 3216

Re: Expat friendly brokerages as of April 2019?

I moved to Mexico last year from U.S., and this is what has worked for me: 1. I kept my retirement accounts (IRA and Roth IRA) at Vanguard. They are fine with me being in Mexico as long as I DO NOT buy anything, apart from dividend reinvestment. I can keep current investments. I can sell current inv...
by lynneny
Wed Oct 02, 2019 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Taking Capital Gains in a Low Income Year
Replies: 23
Views: 2582

Re: Taking Capital Gains in a Low Income Year

I'm doing this, too. This is my first no-income year after retiring. I have a couple years before starting a small pension and then Social Security. And I have a lot of long-term capital gains in my taxable account. So this year I sold highly-appreciated stock up to the top of the tax bracket (almos...
by lynneny
Thu Aug 29, 2019 4:18 pm
Forum: Personal Investments
Topic: Anyone familiar with Pimco Muni Income III (PMX)?
Replies: 2
Views: 333

Re: Anyone familiar with Pimco Muni Income III (PMX)?

Thank you, that's very helpful!
by lynneny
Thu Aug 29, 2019 12:37 am
Forum: Personal Investments
Topic: Anyone familiar with Pimco Muni Income III (PMX)?
Replies: 2
Views: 333

Anyone familiar with Pimco Muni Income III (PMX)?

A friend who generally invests well highly recommends long-term muni fund Pimco Municipal Income III (PMX). I haven't been able to find out much about it, except that Morningstar says return is high (total distribution rate of 4.79%) and risk is above average. ER is also high, at 1.89%. Bond quality...
by lynneny
Fri Aug 16, 2019 1:33 am
Forum: Personal Finance (Not Investing)
Topic: When to move into retirement
Replies: 72
Views: 6007

Re: When to move into retirement

Sometimes we need a push. I would have kept working if I hadn't been laid off at 61. I had enough, as long as I left my HCOL city for somewhere more affordable, and sold my apartment that had doubled in value. Now I'm retired in Mexico and have a new life. In hindsight, it was the right time for me ...
by lynneny
Wed Aug 14, 2019 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 22
Views: 1942

Re: HSA investing fee (PayFlex)

I don't really care about leaving an inheritance, but that's a really good idea to use HSA withdrawals to convert a similar amount to Roth. Thank you..
by lynneny
Tue Aug 13, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 22
Views: 1942

Re: HSA investing fee (PayFlex)

Thank you, Istone19, for correcting my math and other info. $120 a year is worse than I thought. Plus the existing $60 account fee. I'd like to move to another HSA provider like Fidelity, and theoretically that should work if I just keep my own records and don't have to account for where the money i...
by lynneny
Tue Aug 13, 2019 2:18 am
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 22
Views: 1942

Re: HSA investing fee (PayFlex)

Yes, I got the email from Payflex too about the new .02 % fee. Really annoying. I already pay an account fee of $5/monthly, and have to keep $1,000 in cash. I'm wondering if it's worth moving to the Fidelity HSA that many of you speak highly of. The new .02% fee on my $50,000 HSA balance would only ...
by lynneny
Tue Apr 30, 2019 1:41 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 234
Views: 32139

Re: 20 countries where 200K in retirement savings will last you decades

Retiring abroad isn't for everyone. If you're interested in the culture, willing to learn a new language, patient, and enjoy meeting new people, it can be the adventure of a lifetime. And saving money is a big bonus. I retired to a very safe part of Mexico six months ago from NYC. Here's my real-lif...
by lynneny
Fri Apr 19, 2019 12:31 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 10228

Re: Thinking about selling stocks near all time highs

I planned to get my asset allocation down to 50/50 at retirement, but then I got laid off a year ago at 61, a couple years before I would have chosen to retire. My asset allocation was still about 58/42. I don't think it's market timing for me to sell highly appreciated stock, and take advantage of ...
by lynneny
Fri Apr 12, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help! How do I tax foreign tax credit using Turbo Tax?
Replies: 4
Views: 225

Tax help! How do I tax foreign tax credit using Turbo Tax?

UPDATE: I figured it out! I should have checked a box saying my box had more info to add. I missed that the firsst time or two around because it was described as an "unusual situation." Pls help! I'm going around in circles trying to figure out how to take the credit for foreign taxes paid on mutual...
by lynneny
Tue Apr 09, 2019 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-pat jobs for US citizens
Replies: 10
Views: 1422

Re: Ex-pat jobs for US citizens

I had several expat jobs in Europe and Latin America, always transferred by a U.S. company. I also spoke several foreign languages. The best way to get a corporate job overseas is for you to look for an international company in your field that you can move to, and express interest in an overseas pos...
by lynneny
Sun Apr 07, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Doing my taxes: Can I deduct this health insurance payment?
Replies: 2
Views: 535

Re: Doing my taxes: Can I deduct this health insurance payment?

That makes sense, and thank you very much for explaining! I'll prorate and just deduct Nov/Dec.
by lynneny
Sun Apr 07, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Doing my taxes: Can I deduct this health insurance payment?
Replies: 2
Views: 535

Doing my taxes: Can I deduct this health insurance payment?

I'm itemizing for the last time ever, and am eligible for the medical expenses/health insurance deduction for first and only time, because my 2018 income was very low after being laid off in December 2017, and I paid for COBRA myself in 2018. So medical and dental expenses totaling about $3,000 for ...
by lynneny
Thu Apr 04, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4842

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

I'd vote for Riverdale. I lived there for 15 years until late last year. Why Riverdale? It's an easy drive to White Plains, which it sounds like your wife will be doing a lot. If your job moves to Manhattan, you can jump on Metro North and be in midtown/Grand Central in 25 minutes. It's comfortable ...
by lynneny
Wed Feb 13, 2019 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 355
Views: 35891

Re: Early retirees, how much did you leave on the table?

I would have worked a couple more years for greater financial security if I hadn't been laid off a year ago at age 61. My former colleagues/work friends, who are all younger, stressed out by annual round of layoffs, and wondering if they'll be next, envy me. They wonder if they'll ever be able to af...
by lynneny
Mon Feb 11, 2019 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Stolen Credit Card Number
Replies: 19
Views: 1802

Re: Stolen Credit Card Number

Auto pays transfer on an expired/renewed card because it's still the same number. A card replaced due to fraud has a new and different number, so auto pays don't transfer. I had to cancel my Capital One card today due to fraud, after they flagged a suspicious payment for $500 to a money transfer ser...
by lynneny
Mon Jan 07, 2019 2:25 am
Forum: Non-US Investing
Topic: International Health Plan
Replies: 3
Views: 425

Re: International Health Plan

Health insurance for expats varies so much by country that I'd suggest you ask local Facebook groups for expats in Australia about that. I moved to Mexico several months ago, and found the best health insurance for me by asking in Facebook groups like Mexico Amigos. It's one of the most frequently-a...
by lynneny
Mon Jan 07, 2019 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Help me choose a co-op buyer!
Replies: 11
Views: 1242

Re: Help me choose a co-op buyer!

I like the idea of sounding out a board member to get a sense of their priorities (because co-op boards are unique and strange). I'm pretty sure my building's board would have favored the buyer making the huge down payment. There's no way to submit both bids to co-op board. Unless you're an all-cash...
by lynneny
Mon Dec 31, 2018 2:02 pm
Forum: Personal Investments
Topic: Are EFA and IEFA suitable TLH partners?
Replies: 7
Views: 472

Re: Are EFA and IEFA suitable TLH partners?

Thank you stan1, oldcomputerguy and vineviz for your very helpful advice/suggestions! I had stupidly overlooked that IEFA's 0.31% ER made it a bad investment/TLH partner for EFA (and I should have known that, but completely forgot that in an earlier TLH move at the beginning of 2018, I sold IEFA and...
by lynneny
Fri Dec 28, 2018 4:42 pm
Forum: Personal Investments
Topic: I'm out, should I jump right back in?
Replies: 26
Views: 3687

Re: I'm out, should I jump right back in?

Agree with others who have said an in-kind rollover from 401(k) is often not an option. After my layoff, it was incredibly unnerving a few months ago to have my life savings both out of the market for several weeks and entrusted to regular mail delivery in the form of a check that finally arrived at...
by lynneny
Fri Dec 28, 2018 3:10 pm
Forum: Personal Investments
Topic: Are EFA and IEFA suitable TLH partners?
Replies: 7
Views: 472

Re: Are EFA and IEFA suitable TLH partners?

Thank you student, yes, I screwed up ticker symbols. Fixed now. Thanks for pointing it out.
by lynneny
Fri Dec 28, 2018 1:21 am
Forum: Personal Investments
Topic: Are EFA and IEFA suitable TLH partners?
Replies: 7
Views: 472

Are EFA and IEFA suitable TLH partners?

I just realized I have a $2,360 loss in iShares Core MSCI EAFE (ticker symbol: IEFA) and so would like to tax-loss harvest on Friday. Is iShares MSCI EAFE (ticker: EFA) different enough to be a suitable TLH partner that won't trigger a wash sale if I buy it after selling IEFA? Is there another ETF t...
by lynneny
Wed Nov 28, 2018 1:57 am
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 6088

Re: List of costs that go away/decrease and increase/appear in retirement

I think if you had a corporate job where your company picked up a lot of expenses, your costs can increase significantly in retirement. That's happening to me in my first year of retirement: --My employer paid for my phone and laptop. Now I pay for my own devices and phone bill. --My employer paid 8...
by lynneny
Thu Nov 08, 2018 10:46 am
Forum: Non-US Investing
Topic: Expat Mexico sold U.S. home, best way to invest money safely for year or two
Replies: 5
Views: 1071

Re: Sold home, best way to invest money safely for year or two

Thanks, but I believe VUSXX and SNSXX are both mutual funds, and expats can't invest in U.S. mutual funds (although Schwab lets expats buy ETFs) so that's part of the reason I was considering buying treasuries, which I can do. Re comment about being an expat at Vanguard: It's true that as an expat, ...
by lynneny
Wed Nov 07, 2018 12:16 am
Forum: Non-US Investing
Topic: Expat Mexico sold U.S. home, best way to invest money safely for year or two
Replies: 5
Views: 1071

Expat Mexico sold U.S. home, best way to invest money safely for year or two

I just sold my apartment in a HCOL city, and want to put the money somewhere safe for a year or two until I (probably) buy a new home in LCOL area I'm retiring to in Mexico. After paying off the mortgage, I was left with enough to pay cash for next home. Since it's in a foreign country, I want to ta...
by lynneny
Sun Nov 04, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 60
Views: 4857

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

I subscribe to the NYT and the Washington Post, several other news sites, and donate to PBS. The idea that reliable, trustworthy news and information will find you for free/using incognito browsers etc only works as long as enough other people are paying for it, and essentially subsidizing your acce...
by lynneny
Fri Oct 26, 2018 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: What keeps you up at night?
Replies: 56
Views: 6755

Re: Retirees: What keeps you up at night?

Alzheimer's. We have a serious family history of it, including early-onset for my mom. I just retired to Mexico, which should alleviate the financial worries I'd otherwise have. But as a single person in a new country where I don't have family or old friends, getting Alzheimer's here would be pretty...
by lynneny
Tue Oct 23, 2018 11:46 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 28332

Re: PSA: Don't buy a big house

I may soon be buying a 2BR, 2 BA house with high ceilings. I just retired to Mexico, to a city people typically move to for the old colonial houses. Ceiling height is usually about 18", with lovely original exposed beams. That height helps keep the house cool in the tropical heat, and each room has ...
by lynneny
Sat Oct 06, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 28
Views: 4238

Re: U.S. mailing address/forwarding for expats

OP here. Terran, That's an interesting question about financial institutions etc accepting mail forwarding address as a legitimate address. Some of them do market themselves as being acceptable addresses to banks, etc. I guess that's something I'll find out My two main financial institutions are Sch...
by lynneny
Fri Oct 05, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 28
Views: 4238

Re: U.S. mailing address/forwarding for expats

Zuma - Is there any risk California might want to consider you a state resident for local income tax purposes, due to your U.S. mailing address there? I'll probably go with Global Mail US, mostly based on reviews that it works well for other expats in the country I'm going to, Mexico. Global Mail ha...
by lynneny
Thu Oct 04, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3900

Re: Remember traveler's checks? How to cash a forgotten stash

Update from OP: Interpayment Service Ltd in London got back to me and said the Travelex in Times Sq here in NY will redeem my traveler's checks, but only on weekdays between 9 and 11 a.m. I guess that's so they can verify the checks' validity with Interpayment during London office hours. I went to t...
by lynneny
Thu Oct 04, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 28
Views: 4238

Re: U.S. mailing address/forwarding for expats

Thanks for all the great suggestions. The option to become a Florida resident is intriguing; I've been wondering if I'll be able to renew my driver's license when I cease to be a resident of NY. As long as I can get a driver's license, I don't really care which state it's from. Re the question about...
by lynneny
Thu Oct 04, 2018 12:14 am
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3900

Re: Remember traveler's checks? How to cash a forgotten stash

Great suggestions! Especially about Karl Malden, and trying to palm them off on the IRS. The Visa traveler's check 'Contact us, we're here to help' site actually doesn't help any more; they just post banks that used to issue them, one of which told me to contact Interpayment Services Ltd in London. ...
by lynneny
Wed Oct 03, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 28
Views: 4238

Re: U.S. mailing address/forwarding for expats

Thanks Expro, I'll look into USA Mail.
by lynneny
Wed Oct 03, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3900

Re: Remember traveler's checks? How to cash a forgotten stash

About $180 in Visa travelers checks. Visa and Barclays both referred me to Interpayment Services Ltd in London, reachable by email at tcassistance@travelex.com. No response to my email, so I'll try the U.K. phone number for Interpayment tomorrow. (I went to a Travelex outlet here in NY, and they don...
by lynneny
Tue Oct 02, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3900

Remember traveler's checks? How to cash a forgotten stash

Clearing out home for my move next week, I discovered a stash of Visa traveler's checks that I must have had left over from a trip about 20 years ago, put away for a future trip, and stupidly forgot about.. Traveler's checks used to be accepted everywhere. Today, it's the opposite. Not even a curren...
by lynneny
Tue Oct 02, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 28
Views: 4238

U.S. mailing address/forwarding for expats

This may be more a question for expats (which I'll become in less than two weeks) or RV travelers: What service have you found reliable to use as a U.S. mailing address, including occasional mail forwarding? I'm moving to Mexico, where the local mail service is terrible. So I'd like an address I can...
by lynneny
Mon Sep 24, 2018 1:36 am
Forum: Personal Consumer Issues
Topic: NYC weekend house: your experiences?
Replies: 22
Views: 4131

Re: NYC weekend house: your experiences?

OP, my friends did something similar. NY is a somewhat unique situation. My friends are a couple with three kids, crammed into a small nyc apartment they couldn't leave because their neighborhood has excellent public schools. They can't afford a bigger apartment there, or private school if they left...
by lynneny
Mon Sep 24, 2018 1:10 am
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 12436

Re: Minimalist Lifestyle

I'm currently an extremely reluctant minimalist. Next month, I'm retiring to Latin America from a HCOL area I can't afford to stay in without a job. It would be insanely expensive to ship most of my two-bedroom apartment there, and some of it's unsuited to a tropical climate anyway (winter clothes, ...
by lynneny
Sun Aug 26, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: Ladies: bra shopping question
Replies: 63
Views: 9553

Re: Ladies: bra shopping question

I usually buy Wacoal or Warner bras -- they have styles with no underwiring and little padding.

But I'm going to check out the Uniqlo bras Luminous linked to!