Search found 168 matches

by lynneny
Sun Jul 15, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 5177

Re: Would you trade experiences in your youth for early retirement

I see this a little differently. My father died suddenly at 42, when I was a small child. My mother developed early-onset Alzheimer's when I was a young adult. So I've always been painfully aware that there is no guarantee any of us will still be around tomorrow. I suspect they might have lived thei...
by lynneny
Sun Jul 08, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Schwab
Replies: 18
Views: 1898

Re: Fidelity vs Schwab

Schwab is the most expat friendly. I moved my taxable account and checking to Schwab earlier this year in preparation for retiring abroad this fall. Some of the advantages for an expat: Schwab International doesn't care if you don't have a U.S. mailing address and has 24-hour customer service via a ...
by lynneny
Wed Jul 04, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6216

Re: Older Women Lifting Weights

A friend and I, total novices at weight lifting at 62, are doing this: https://www.popsugar.com/fitness/21-Day-Arm-Challenge-37016988 I've been doing yoga for years, and it's really improved my upper body strength, as well as balance and flexibility. I usually do power yoga classes, since I see yoga...
by lynneny
Tue Jul 03, 2018 12:14 am
Forum: Personal Consumer Issues
Topic: Recommend airline luggage fitting in overhead bin?
Replies: 31
Views: 3197

Re: Recommend airline luggage fitting in overhead bin?

Briggs & Riley really does stand by its lifetime guarantee. I used a large Briggs & Riley carry-on frequently for more than 20 years. When one of the pockets finally started to tear off, i took the bag to a local luggage store listed on the company's website as authorized to do repairs. The owner sa...
by lynneny
Sun Jul 01, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 4029

Re: Any Reason to Keep My "Landline" Phone?

I get free calls to Canada (where I have good friends) on my landline; if I called from my cell phone, I'd have to pay.

The cost of the landline is negligible as part of a triple play package, and sound quality is better than on my cell.
by lynneny
Sun Jul 01, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Distribution Fee in 401(k)
Replies: 2
Views: 367

Re: Distribution Fee in 401(k)

Our 401(k) charges a $40 distribution processing fee. People generally pay this fee once, when they role their account over to an IRA after retiring.
by lynneny
Tue Jun 19, 2018 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 102287

Re: Anyone regret paying off mortgage early?

I'll be a contrarian and say I do regret paying most of my mortgage off early. I made additional payments of principal with my mortgage payment every month for about 10 years (still have a little mortgage left). Instead, I should have put those extra payments toward maxxing out my 401(k) contributio...
by lynneny
Tue Jun 19, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 4386

Re: Tracking spending before retirement useful for estimating retirement expenses?

Tracking my expenses was useful mainly because I already knew when I was laid off a few months ago that I can't afford to stay in my HCOL area and retire (just turned 62). Especially because my expenses here are going up: no more employer-provided cell phone and lap top, COBRA costs much more than e...
by lynneny
Wed Jun 13, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17463

Re: Life in retirement - what did you do today?

Retirement is new to me (after layoff a few months ago at 61) so I still get excited about the freedom to do what I want, like spending a beautiful summer day outdoors rather than in a cubicle. Today I slept until I woke up, about two hours later than I would have been jolted out of a sound sleep by...
by lynneny
Thu Jun 07, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Paper tax return filed at deadline - still no refund 7 weeks later
Replies: 27
Views: 2278

Re: Paper tax return filed at deadline - still no refund 7 weeks later

I heard from the IRS a few weeks after I filed. They sent me a letter about an error I made in my tax return -- and a check for $5. I thought I owed them a very small penalty for not paying enough in estimated taxes, but they knocked the penalty down from $12 to $7, and sent back $5.
by lynneny
Tue Jun 05, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Next step after removing Roth IRA excess contribution?
Replies: 6
Views: 468

Re: Next step after removing Roth IRA excess contribution?

I already removed the excess contribution, so I unfortunately can't change that now. I'm 62, so no 10% penalty. I downloaded IRS form 1040X to try to amend my 2017 taxes to reflect the $80.80 in excess earnings, but don't see how to add that to my 2017 taxable income, or explain where it came from. ...
by lynneny
Tue Jun 05, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Next step after removing Roth IRA excess contribution?
Replies: 6
Views: 468

Next step after removing Roth IRA excess contribution?

I accidentally contributed too much to my Roth IRA last year, because after I was laid off in December, my former employer direct deposited payment for my unused vacation time on Dec. 31. When I did my 2017 taxes, Turbo Tax told me I had made an excess contribution of $1,910. I called Vanguard today...
by lynneny
Sun May 13, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: First time seller interviewing realtors--what to ask?
Replies: 19
Views: 1724

Re: First time seller interviewing realtors--what to ask?

OP again. Thanks for all the great suggestions, this is extremely helpful. Yes, I'm in NYC. An outer borough, so not crazy Manhattan bidding wars and multiple offers. From my spreadsheet of the 21 sales of 2B, 2B apartments in my co-op over the last two years, prices have ranged from $487,000 to $60...
by lynneny
Sat May 12, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: First time seller interviewing realtors--what to ask?
Replies: 19
Views: 1724

Re: First time seller interviewing realtors--what to ask?

OP here. Thanks for the suggestions (and good idea about only doing listing for 90 days). And yes, I'll ask if fee is negotiable. One of the realtors I'm considering, who lives in my building and recently sold a friend's apartment, makes it a selling point that he charges 4%; the other two charge th...
by lynneny
Sat May 12, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: First time seller interviewing realtors--what to ask?
Replies: 19
Views: 1724

First time seller interviewing realtors--what to ask?

I was a first-time buyer 15 years ago, and now am a first-time seller. I'm moving from a HCOL to LCOL area, after a layoff a few months ago at the age of 61. While decluttering (huge job!) and doing minor repairs, I've been going to open houses to see the competition and meet local realtors/see how ...
by lynneny
Sun May 06, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9432

Re: Retire Internationally for FIRE

It's never too soon to start taking vacations to countries you might want to consider retiring to! Although it's very true that a one-week vacation in a foreign country isn't the same as living there, and things will change a lot in the next 12 years, you can still get an idea about whether you like...
by lynneny
Mon Apr 16, 2018 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: How long for irs to pull from checking
Replies: 13
Views: 1756

Re: How long for irs to pull from checking

I filed Friday, and owe the IRS. I just checked my Schwab account, and the IRS hasn't taken the money out yet. So longer than 24 hours, but don't know how much longer it'll be.
by lynneny
Thu Apr 12, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Tax emergency--Almost done filing with TurboTax but a couple things are wrong
Replies: 13
Views: 994

Re: Tax emergency--Almost done filing with TurboTax but a couple things are wrong

Good to know I can see, and print or make a copy of, at least the 1040 before I file it. I'll look at HSA again more closely in the morning. It would make sense to enter it as contribution + catchup if that's possible, but I think TurboTax just imported the $4,400 from employer contribution line on ...
by lynneny
Wed Apr 11, 2018 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Tax emergency--Almost done filing with TurboTax but a couple things are wrong
Replies: 13
Views: 994

Re: Tax emergency--Almost done filing with TurboTax but a couple things are wrong

Yes, the CD version sounds like a much better idea. For now, since Turbotax is showing my return ready to file, with info saved, I think I'll come back to it tomorrow and see if I can replicate the TurboTax results myself with paper and pencil, so I can see it line-by-line and understand the numbers...
by lynneny
Wed Apr 11, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tax emergency--Almost done filing with TurboTax but a couple things are wrong
Replies: 13
Views: 994

Re: Tax emergency--Almost done filing with TurboTax but a couple things are wrong

Yep, you're right. Thank you! I just looked back at the W-2 section and see state/local tax info is there. I guess TurboTax must have added it to deductions automatically. I'm used to going through and adding everything up line-by-line rather than just seeing totals. I wonder if it auto-corrected th...
by lynneny
Wed Apr 11, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax emergency--Almost done filing with TurboTax but a couple things are wrong
Replies: 13
Views: 994

Tax emergency--Almost done filing with TurboTax but a couple things are wrong

Hi - I'm trying to do my own taxes this year, after years with a tax preparer. TurboTax was going pretty well, but I'm almost at the end and have run into two issues I can't figure out and TurboTax is threatening to time me out: 1. I'm itemizing and can't figure out how to enter state and local inco...
by lynneny
Sun Apr 08, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: Gardening 2018
Replies: 49
Views: 4272

Re: Gardening 2018

I just have an 18th floor terrace in a NYC high rise to garden in, so I'll start with arugula next week. In planters I can bring inside if/when temperature drops below low 40s at night. The main planting -- cherry tomatoes, herbs and lots of flowers in pots/planters -- happens in mid to late May, de...
by lynneny
Mon Apr 02, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Microsoft tech support scam - how to recover?
Replies: 39
Views: 5059

Re: Microsoft tech support scam - how to recover?

Last week a red screen popped up on my laptop saying I had a virus and should call Microsoft Windows Tech Support. Clearly a scam and I didn't call the number, but the full-page pop-up locked my browser and I couldn't close it. Then the scammers downloaded an audio file telling me I had a virus, my ...
by lynneny
Fri Mar 16, 2018 1:19 am
Forum: Investing - Help with Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 47
Views: 4811

Re: simplifying my financial life -- should i get rid of treasury direct?

I'm just starting the simplification/consolidation process (set in motion by a layoff and subsequent decision to retire) so interesting to see what others are doing. I'll probably end up with: 1) taxable and checking at Schwab (just moved there) 2) Roth IRA at Vanguard along with IRA I'll roll my 40...
by lynneny
Tue Mar 13, 2018 12:48 am
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 69
Views: 13860

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

Re Payflex/fees, the fee was $2.50 a month while I was at megacorp. Now that I'm no longer working there, I can keep my HSA at Payflex for a $5/month fee. And you are always required to keep $1,000 in cash, so that's a small drag on returns. I'm considering whether to do that, or move to HSA Authori...
by lynneny
Mon Mar 12, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: structured vs. unstructured time in retirement
Replies: 18
Views: 2315

Re: structured vs. unstructured time in retirement

I'm new at this, three months after a layoff took me from an over-scheduled, stressful corporate job to ... nothing. And surprised at how much I'm enjoying it. The biggest change is that I sleep late every day. I'm not a morning person, and now that I'm finally getting enough sleep, I can't believe ...
by lynneny
Sat Mar 10, 2018 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Schwab insists on hard inquiry on Equifax credit report !
Replies: 30
Views: 2975

Re: Schwab insists on hard inquiry on Equifax credit report !

I opened a brokerage account with Schwab last week. It took me less than 5 minutes to go to the Equifax site, type in my pin, and temporarily lift the credit freeze. I expect nothing but trouble from credit bureaus, so I was amazed at how easy and quick it was, and that I could choose when I wanted ...
by lynneny
Sat Mar 03, 2018 12:31 am
Forum: Personal Consumer Issues
Topic: Lost social security card, steps to take?
Replies: 34
Views: 2596

Re: Lost social security card, steps to take?

At 61, I've never had to show my social security card I lost as a teenager, so I haven't bothered replacing it.
by lynneny
Sat Feb 24, 2018 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Become Portugal tax resident ... pay no tax on US pension income for 10 years?
Replies: 18
Views: 6591

Re: Become Portugal tax resident ... pay no tax on US pension income for 10 years?

I was considering retiring to Portugal (but have decided to go with Mexico) and read about Portugal's exclusion of U.S. pension and social security income for the first 10 years of residence in Portugal. But I'm 61, and plan to take social security at 70, so by the time I could take advantage of the...
by lynneny
Thu Feb 22, 2018 2:20 am
Forum: Personal Consumer Issues
Topic: Gifting to Parent who might need Medicaid Nursing Home
Replies: 21
Views: 2138

Re: Gifting to Parent who might need Medicaid Nursing Home

It sounds like your generous annual gift to your mother reassures her that she's not going to run out of money. That peace of mind is valuable. And not spending down her assets may help her get into a good facility later, if necessary. As others have noted, it's easier to get into a good nursing hom...
by lynneny
Tue Feb 20, 2018 1:45 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2846

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

I'll check out Anveo as well as Google Voice. Yes, I like GoCurryCracker.com too on living/traveling abroad. He also has very knowledgeable commenters who add a lot of good information. Good to know Vanguard accepts voice verification now in lieu of medallion guarantees. I didn't realize beneficiary...
by lynneny
Sun Feb 18, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8680

Re: Effect of spending money on appearance in career

OP, you've gotten some good advice here, and I'd suggest you also ask your question on the Corporette site, which offers fashion, lifestyle and career advice for professional women. Your question is one that posters there discuss often, and many of them are in, or have been in, a similar position.
by lynneny
Sat Feb 17, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 5679

Re: Best plants to grow to save money for food costs

Re CSAs: Around here, several people often split a single CSA share. Besides being more affordable, the week's CSA doesn't go to waste if you go on vacation. Plus there are always weeks when your CSA is a vast amount of one or two things like kale or turnips, so you want to have others to split that...
by lynneny
Sat Feb 17, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2846

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

Thank you for all the ideas and insights! Good to know about Ally and Interactive Brokers, and I'll definitely open a local currency account at a bank in Mexico, and only transfer money into pesos as needed. Diogenes, thank you for the great tips about Traveling Mailbox and Google Voice. I do want a...
by lynneny
Sat Feb 17, 2018 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2846

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

Thanks, that's just the kind of feedback I was hoping for. It's very reassuring that you've had such a good experience with the Schwab One International account as an expat. I appreciate the link to your calculator. I'm just starting to figure out Schwab ETFs. It will definitely make sense to (gradu...
by lynneny
Fri Feb 16, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2846

Retiring abroad. Move taxable/checking accounts to Schwab?

I “surprise” retired at year end, in a megacorp layoff. At 61, I’d hoped to work a couple more years, but will start a little earlier on the retirement plan: move from HCOL U.S. city to a warmer, LCOL area. I’ve picked Mexico. It’s harder now for American expats to keep their financial accounts than...
by lynneny
Fri Feb 16, 2018 1:38 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 12840

Re: Did you learn anything from the market correction?

Yes, I did. I planned to reduce my long-time 60/40 asset allocation to 50/50 by the time I retired. I failed at that because 1) the stock market went up so much the last couple years that even though I kept rebalancing, my AA stayed at about 60/40; and 2) I was laid off at the end of the year, so re...
by lynneny
Tue Jan 30, 2018 12:51 am
Forum: Personal Consumer Issues
Topic: Should I Do My Own Taxes Or Pay A CPA $500?
Replies: 65
Views: 6583

Re: Should I Do My Own Taxes Or Pay A CPA $500?

Thanks for the responses on which Turbotax to get. I'll go for the desktop/download version rather than the online one.
by lynneny
Mon Jan 29, 2018 2:12 am
Forum: Personal Consumer Issues
Topic: Should I Do My Own Taxes Or Pay A CPA $500?
Replies: 65
Views: 6583

Re: Should I Do My Own Taxes Or Pay A CPA $500?

Not the OP, but you guys have inspired me to try doing my own taxes this year rather than looking for a new tax accountant (mine just retired). I found Turbotax via Vanguard site, noted that I should probably pick Deluxe edition, but am stumped by the next decision: Desktop or Online version? I don'...
by lynneny
Fri Jan 26, 2018 12:02 am
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 65
Views: 5913

Re: Do we need an emergency supplies kit (go bag)?

This is fascinating, and depressing. I live in a big city, and don't have a car, so there's a limit to how much stuff I can flee with on foot and carrying cats. Or pack in advance. It's not like I can keep my two cats in their carriers, just in case. Here is my big precaution: I always have a pair o...
by lynneny
Sun Jan 21, 2018 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for a lay off - what steps to take now
Replies: 37
Views: 3955

Re: Preparing for a lay off - what steps to take now

I sadly know all about severance now. At 61, I was laid off in mid-December after 30 years at megacorp. In case this helps OP: Our severance (capped at 20 weeks, unfortunately for me) is paid twice monthly, as my salary used to be. Social security/medicare and income taxes are deducted, just like wi...
by lynneny
Thu Jan 18, 2018 12:50 am
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 6030

Re: To the doctors on the forum

I understand that doctors can't give me a price list, for all the reasons previous posters have cited -- and I wouldn't want to waste the precious ten minutes or so I have with the doctor asking about billing anyway. Plus I'd rather a doctor be able to focus on saving my life rather than pricing iss...
by lynneny
Thu Jan 18, 2018 12:06 am
Forum: Forum Issues and Administration
Topic: [New forum request] International investing and US non-resident section
Replies: 36
Views: 4169

Re: [New forum request] International investing and US non-resident section

I'm an American who will be retiring to either Mexico or Portugal in the next year. I love Bogleheads, and learn so much here. I can already tell that I'll have questions as I try to wrap my head around leading a very different financial life outside the U.S., and it would be wonderful to tap into t...
by lynneny
Wed Jan 17, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 53
Views: 5323

Re: A "Home" cell phone?

Would Google Voice work overseas? And still be free? I travel a lot internationally and have to pay $10/day for AT&T's international service so I'm wondering if GV is an option. Separately, I keep a landline because 1) reception is better at home than on my cell and 2) it still works when storms tem...
by lynneny
Wed Jan 17, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: TSA locks for luggage
Replies: 18
Views: 1547

Re: TSA locks for luggage

I put anything that's of value and/or not replaceable, plus clothes for the first couple days, in my fancy Briggs & Riley carry-on bag. Everything else goes in an old, worn, unlocked checked bag. I have no idea if TSA or potential thieves have ever rifled my checked bag, but so far they've shown no ...
by lynneny
Tue Jan 16, 2018 2:32 am
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 53
Views: 3604

Re: PTO policy after international business travel

I've done a lot of international business travel, and have trouble sleeping on planes and adjusting to major time zone changes, so I sympathize with the OP. What works for me is taking Ambien the first three nights in Asia or Europe, and the first three nights back in the U.S. after an Asia trip. (R...
by lynneny
Fri Jan 05, 2018 1:19 am
Forum: Personal Consumer Issues
Topic: Airbnb - Guide a beginner
Replies: 28
Views: 3141

Re: Airbnb - Guide a beginner

I Airbnb every year in Mexico. Maybe I'm just lucky, but I've had wonderful experiences. I also used to live in Latin America, so I may feel more at home than the average visitor. I only Airbnb a place that has many, detailed reviews that I read very carefully. I look for specific phrases like "imma...
by lynneny
Fri Dec 29, 2017 12:41 am
Forum: Investing - Help with Personal Investments
Topic: is using HSA as investment vehicle worth the trouble?
Replies: 50
Views: 5189

Re: is using HSA as investment vehicle worth the trouble?

I max out my HSA contributions every year, and am saving it all for retirement. As a single person who didn't get an HSA-eligible health plan until I was in my 50s, I don't think I'll end up with such a huge balance that I can't spend it all on healthcare in retirement. To minimize paperwork, I just...
by lynneny
Sat Dec 23, 2017 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 23686

Re: Do you see a meaningful change in your income with new Tax Bill?

I'll be selling my home in 2018, so my biggest concern is how property values may be impacted. I live in a HCOL area, where itemizing high mortgage interest, SALT and property taxes is a big deal. I'm concerned my home will be worth less to buyers who can no longer recoup some of those costs in the ...
by lynneny
Thu Dec 21, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 58880

Re: Can I pre-pay 2018 mortgage and deduct interest on 2017 taxes?

Thanks for referring me to the "tax omnibus" mega-thread, CAsage. I don't know how I missed that one. Looks like one poster was told by his bank that he could make January and February mortgage payments before the end of the year, so I'll call BoA tomorrow and see if they allow that too. And then ho...