Search found 110 matches

by lynneny
Thu Oct 12, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Career Options after Marketing
Replies: 6
Views: 486

Re: Career Options after Marketing

I'd second the suggestion to either return to a tech company--Facebook and Google alone hire hundreds of people in marketing (although there's often a sales element to those jobs)--or look at an advertising agency. Ad agencies frequently hire from the client side, and it's a much faster-paced indust...
by lynneny
Wed Oct 11, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2553

Re: Social Security Card - Should I get a Replacement

I've wondered about this too. My Social Security card went missing when I left home after college. I'm 61 now, and have never been asked for it, so I haven't bothered replacing it. I don't really want to carry around as ID a document that has my social security number on it. I did call Social Securi...
by lynneny
Sat Oct 07, 2017 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 3967

Re: Trying to convince my sister not to use a financial advisor

I was your sister. I knew nothing about investing, and went to a pricey financial advisor and paid the outrageous fees. But you know what? It was an education. I was lucky he put me in index funds, mostly Vanguard, and patiently explained things like what's a bond fund and what's an asset allocation...
by lynneny
Fri Oct 06, 2017 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5447

Re: Pension Freeze - What did you do?

I'm sorry to hear about your pension, OP. I was very upset, too, when this happened at our company. In 2004, our company closed the pension plan to new employees, and had the rest of us choose whether to stay in the pension plan, or switch to a rewards program in which the company would put between ...
by lynneny
Mon Oct 02, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 5291

Re: Would you take a pay cut to work from home?

I'm in the minority here, but I'd say go for it, OP. To me, one of the most important things you said is that you've lived all your life in the same state, and really want to try somewhere different. The new work-from-anywhere job seems like the ideal opportunity to try at least one new place, and m...
by lynneny
Mon Sep 18, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Why is TransUnion pushing True Identity vs credit freeze?
Replies: 28
Views: 9946

Re: Why is TransUnion pushing True Identity vs credit freeze?

Thanks Nisiprius, that's a very helpful explanation.

I think I like the idea of interfering with Equifax's business of selling my information :)
by lynneny
Sun Sep 17, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Experian takes money but doesn't Freeze
Replies: 12
Views: 1342

Re: Experian takes money but doesn't Freeze

I had the opposite experience on Friday; Experian let me choose a pin and confirmed my credit was frozen, but didn't ask me for money.

Both Equifax and TransUnion told me to try again later.
by lynneny
Sun Sep 17, 2017 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why is TransUnion pushing True Identity vs credit freeze?
Replies: 28
Views: 9946

Re: Why is TransUnion pushing True Identity vs credit freeze?

Thanks for the replies, I think I'll go with the credit freeze, too.
by lynneny
Sat Sep 16, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why is TransUnion pushing True Identity vs credit freeze?
Replies: 28
Views: 9946

Why is TransUnion pushing True Identity vs credit freeze?

When I tried to freeze my credit at TransUnion, they tried to persuade me to instead sign up for their True Identity product, making it sound like it's just like a credit freeze, but free. The freeze would cost $15. So why does TransUnion want me to use their free product, rather than the one they c...
by lynneny
Wed Sep 13, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate for Early Retirement?
Replies: 41
Views: 3695

Re: Relocate for Early Retirement?

I'll likely retire in about two years and will definitely relocate. I love NYC, but it's very HCOL, and I moved here about 15 years ago for my job, so my family and oldest friends aren't nearby. After extensive research, I'll probably retire to either Mexico or Portugal. (I worked in Latin America a...
by lynneny
Sat Sep 02, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Question about pension and risk
Replies: 36
Views: 2193

Re: Question about pension and risk

My position is somewhat different. I'm a couple years from retirement, and will be living entirely from savings (401(k) and taxable accounts) for the first few years. At 65, a small non-COLA pension will start, and will cover about 30% of expenses. At 70, I'll start Social Security, and that'll cove...
by lynneny
Wed Aug 30, 2017 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Living Expenses - what's "reasonable"?
Replies: 101
Views: 9028

Re: Living Expenses - what's "reasonable"?

I calculated my living expenses a while ago to help me figure out whether I can afford to stay in my HCOL city after I retire. So, to cover my living expenses I need $5,000/month AFTER taxes and EXCLUDING healthcare. I know healthcare will be a much bigger expense when I'm paying for it all myself; ...
by lynneny
Sun Aug 27, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 3024

Re: Should I abandon airline credit cards for cash back?

I switched a few years ago to 2% cash back, credited to my credit card balance every time the cash back reaches $100. Agree with others that trying to get frequent flyer awards is doable if you have time to pursue it as a hobby + flexibility, but I don't. My international business travel is almost a...
by lynneny
Thu Aug 24, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Any veterinarians that can quickly weigh in re: estimate?
Replies: 39
Views: 3865

Re: Any veterinarians that can quickly weigh in re: estimate?

Hi OP, Hope your cat is doing well. A lot of people have already shared their cat dentistry stories, but since my 12-year-old cat just had a tooth pulled this week, I'll add mine. I took him in last week for annual blood work/tests (total of $400!) to monitor very early kidney disease. The vet check...
by lynneny
Thu Aug 24, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Dual Citizenship (USA/Portugal); Obtaining a Portuguese Passport
Replies: 10
Views: 1197

Re: Dual Citizenship (USA/Portugal); Obtaining a Portuguese Passport

The Portuguese consulate in NYC is notorious for rarely even answering the phone, so don't go there!
by lynneny
Mon Aug 21, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10554

Re: Anyone planning on never retiring?

I'd be happy to retire, but I feel like the goalposts keep moving (and would be interested to hear if anyone else feels that way). When I started at Megacorp, we all had pensions. Then they were frozen. I'll still get something, but only about half the amount that used to be forecast on the annual s...
by lynneny
Thu Aug 17, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: NYC real estate question
Replies: 17
Views: 1793

Re: NYC real estate question

Your home shouldn't be looked at as just an investment. Since you can clearly afford it, the question is whether you'll be happier as an owner or a renter. I've rented in NYC, and for the last 10 years I've owned a co-op here. For me, there's no comparison. I like being able to paint the walls (I ha...
by lynneny
Thu Aug 17, 2017 1:32 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 8582

Re: Is $9000 too much for a sectional sofa ?

OP, now that you've gotten us all emotionally invested in your custom sectional, pls show us a picture! Sounds like it fits in with your remodel beautifully, and within the overall budget you already planned to spend on the project (I can imagine the Bogleheads' horror if you were planning to go ove...
by lynneny
Sat Aug 12, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account
Replies: 37
Views: 3833

Re: Health Savings Account

If I were going to contribute to an HSA for 30 or 40 years, I'd definitely use the HSA to pay for the smaller ongoing healthcare expenses rather than keeping a stack of receipts for decades. But I was already in my 50s when our company started offering a high-deductible plan/HSA option, so I only ha...
by lynneny
Fri Aug 11, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Career Decision - HCOL area vs. LCOL area
Replies: 13
Views: 1547

Re: Career Decision - HCOL area vs. LCOL area

This sounds like a good late-career move, when you no longer expect to advance much more.

At your age/stage, I think this move would be a real career killer.
by lynneny
Wed Aug 09, 2017 10:39 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 52
Views: 4077

Re: Do you plan to ditch your laptop in travel soon?

I don't even go away for the weekend without my laptop. But I hope that'll change when I retire. I'd like to travel with just my phone and a tablet then. I don't think I'll ever travel with just a phone. Even on vacation, I like to read, and respond to email, and I really prefer a bigger screen for ...
by lynneny
Wed Aug 09, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401k in-service withdrawals
Replies: 22
Views: 2692

Re: 401k in-service withdrawals

Our company also froze pensions and in lieu started making small contributions they called a "Service Reward Plan" to our 401(k). I guess that was at least partly to quell resentment over the pension freeze. Within a few years, our company dropped the Service Reward Plan and now contributes nothing ...
by lynneny
Sat Jul 29, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: TSA Pre-check for free
Replies: 75
Views: 5814

Re: TSA Pre-check for free

GE/Pre-check is a real time saver, and I love being able to get to the airport a bit later. Well worth the $100 for 5 years. I'd pay even more for a global version of Pre-check and Global Entry. One that would give us the same fast-track service at foreign airports, where the lines can be even longe...
by lynneny
Thu Jul 20, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Helping foreign nephew get settled
Replies: 11
Views: 1302

Re: Helping foreign nephew get settled

When I moved back to the U.S. years ago with no credit history, I found I was able to get a credit card through airline frequent flyer programs. I belonged to the American Airlines ff program, and was approved for an American Airlines-branded Visa card. I was also able to get store credit cards (Tar...
by lynneny
Wed Jul 12, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 7776

Re: Do you consider business travel to be a perk or a burden?

It really depends how much you enjoy (or don't) traveling, and your family situation. I take 6 to 8 international business trips a year. The biggest negative is having to fly economy, and travel in general is becoming more unpleasant--packed planes, more delays, disgruntled staff. And it's exhaustin...
by lynneny
Sun Jul 09, 2017 12:02 am
Forum: Personal Consumer Issues
Topic: Wall Street Journal - can't buy with miles anymore
Replies: 12
Views: 4085

Re: Wall Street Journal - can't buy with miles anymore

I've used airline miles for several years to buy a WSJ sub, but when I went to renew sub a couple weeks ago, I couldn't find it any more in any of the airlines' frequent flyer program redemption options. Sadly, I think WSJ must have discontinued that subscription offer.
by lynneny
Tue Jul 04, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 11411

Re: Long term care insurance - is it worth it?

I'd buy LTCi in a minute if an insurance company would create a catastrophic policy with a 2 or 3-year elimination period. Most new policies seem to cover only a few years of care. Which is as much as most people will ever need, but with my family's history of Alzheimer's, that's a drop in the bucke...
by lynneny
Mon Jun 12, 2017 12:00 am
Forum: Personal Consumer Issues
Topic: Good school in Mexico for Spanish?
Replies: 23
Views: 1956

Re: Good school in Mexico for Spanish?

I highly recommend Habla, in Merida in Mexico's Yucatan Peninsula. (Their website is http://habla.org/ and you can read glowing reviews at https://www.tripadvisor.com/Attraction_Review-g150811-d7725270-Reviews-Habla_The_Center_for_Language_and_Culture-Merida_Yucatan_Peninsula.html ). Habla is a terr...
by lynneny
Thu May 11, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Planning impact your job performance?
Replies: 68
Views: 7828

Re: Does Retirement Planning impact your job performance?

This is just where I am in my life now, so I'm really interested in what others are experiencing. Until reading this thread, I hadn't really thought about how nearing retirement is affecting my job performance. I'm 60 and would like to retire in a couple years, either through choice or a layoff is n...
by lynneny
Mon May 08, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Investing in Vanguard from Overseas - Employer Address
Replies: 10
Views: 810

Re: Investing in Vanguard from Overseas - Employer Address

I hope to retire overseas, so the fate of my Vanguard account is of great interest to me. My understanding is that I'll be able to keep my existing Vanguard account, and do redemptions and dividend reinvestment, but not make any new investments. Since I'll be in decumulation mode and won't have new ...
by lynneny
Mon May 08, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: Nice piece by Christine Benz, "Not a portfolio emergency"
Replies: 14
Views: 3347

Re: Nice piece by Christine Benz, "Not a portfolio emergency"

MarvinK, you can have Christine Benz review your investments! She does an annual portfolio makeover week and invites people to write in describing their circumstances/investments/goals, and picks 5. She publishes a daily makeover, with before and after portfolios, and a detailed explanation of the c...
by lynneny
Mon May 01, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 8413

Re: Favorite Financial Indulgences

A yoga retreat in Guatemala last month. Going to a Broadway play with friends tomorrow. My hobby: Exploring possible retirement destinations by Airbnbing a home there for a week. Current favorites: Mexico and Portugal. It's a practical extravagance (I tell myself) because 1) when I retire, I'll move...
by lynneny
Mon Apr 24, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 5517

Re: New job and offer - recruiter sent a wrong $$

I would consider this a deal breaker if the salary screw up came from a manager who I'd be working with in the new job. But if it's a recruiter I'd never see again, I don't think I'd hold it against the company and give up a job I really wanted at a salary I would have been fine with if it had been ...
by lynneny
Sat Apr 22, 2017 6:40 pm
Forum: Personal Consumer Issues
Topic: Gardening 2017
Replies: 51
Views: 5459

Re: Gardening 2017

For gardening in pots on an apartment terrace without a green thumb, we've done well with: --Cherry tomatoes (but they do need quite a bit of sun) --Herbs of all kinds for cooking, basil is especially easy and fast growing. --Arugula will grow as soon as temperature is above 40 degrees, so can be pl...
by lynneny
Sat Apr 22, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 4017

Re: Best vacuum cleaner for pet hair?

OP here. Many thanks for all the great suggestions and links! I'm going through them right now, from most affordable options like the Shark Navigator Light to higher-end Miele and Dyson models (while large, long-haired white cat who is main source of vacuuming challenges tries to swat laptop cursor ...
by lynneny
Fri Apr 21, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rent versus Buy in NYC
Replies: 14
Views: 2127

Re: Rent versus Buy in NYC

When I moved to New York City about 10 years ago, I rented for the first year to get to know the city and the real estate market. As others have said, I highly recommend doing that; I ended up buying in a completely different neighborhood than the one I was sure I wanted to live in. In addition to t...
by lynneny
Fri Apr 21, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 4017

Best vacuum cleaner for pet hair?

I have two cats who keep us covered in pet hair, and probably contribute to vacuum cleaners not lasting very long at our house (although I've never bought one of the really expensive ones, like a Dyson).

Any recommendations for a vacuum cleaner that copes well with cat hair?

Thanks!
by lynneny
Tue Apr 04, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 4207

Re: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

Our PTO is use-it-or-lose-it so no one accumulates much, and a lot of us lose a few days most years on Dec. 31. People have to be careful not to use more PTO days than they've earned if they plan to leave, because they'll have to pay for days taken but not yet earned. I second someone else's comment...
by lynneny
Tue Apr 04, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 4724

Re: Some Credit Cards Make You Spend More?

I find that I'm more reckless with cash. If I buy something with cash, I won't remember a week later where that money went. But by putting all my spending on credit cards, I know those new shoes I didn't really need, or eating out more often than usual in a given month, will come back to haunt me wh...
by lynneny
Tue Apr 04, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 27146

Re: Low-earners- What is your profession?

I make about $100,000/yr in media business in HCOL New York, but feel like an increasingly lower earner every year because our company has barely given any raises in the last decade, while also freezing pension plan and ending 401(k) match and modest year=end bonuses. After 2008 financial crisis, ou...
by lynneny
Thu Mar 30, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance (LTCI): Too Expensive or Worth the Cost?
Replies: 35
Views: 4984

Re: Long Term Care Insurance (LTCI): Too Expensive or Worth the Cost?

Alzheimer's runs in my family. My mother had Alzheimer's for almost 20 years; mostly paid for by Medicaid after we ran out of money. Most policies these days cover shorter periods, like 3-5 years, than Alzheimer's often lasts. I could afford to self-insure for a few years. The risk I wish I could co...
by lynneny
Sun Mar 26, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is Exchange the same as Sell for TLH purposes at Vanguard?
Replies: 3
Views: 251

Re: Is Exchange the same as Sell for TLH purposes at Vanguard?

Hitting Submit button now at Vanguard ... thanks for the fast answer!
by lynneny
Sun Mar 26, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Is Exchange the same as Sell for TLH purposes at Vanguard?
Replies: 3
Views: 251

Is Exchange the same as Sell for TLH purposes at Vanguard?

A quick question. I'd like to do some tax loss harvesting in my taxable account at Vanguard. Just wanted to doublecheck that it counts as a sale, for TLH purposes, if I choose the Exchange option, rather than the Sale option. I would Exchange all my shares into a different (not identical) Vanguard f...
by lynneny
Fri Mar 17, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3841

Re: Retirement Plan: Do it myself or use Advisor?

I'm really interested in everyones' responses. I sadly have nowhere near $5 M, but like OP am 60, likely to retire in a couple years, and thinking a lot about what kind of professional advice would help me make the best financial decisions. I'm not interested in an AUM arrangement (did that for a fe...
by lynneny
Tue Mar 14, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Anyone use coupon apps?
Replies: 22
Views: 2525

Re: Anyone use coupon apps?

I know this isn't what you asked, but if you do shop at Target, the Target Red Card is an effortless 5% discount every time you pay with it.
by lynneny
Thu Feb 09, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Best way to present to my employer a switch to vanguard
Replies: 24
Views: 1641

Re: Best way to present to my employer a switch to vanguard

Agree that your company may be more interested in their costs than yours. Our company switched to the Principal group a year ago, in order to shift costs from the company to the employees. We fortunately still have decent index funds, but we are now charged $100/yr per employee for admin fees. And u...
by lynneny
Mon Jan 30, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - Let the Buyer Beware
Replies: 26
Views: 6373

Re: Suze Orman - Let the Buyer Beware

I was addicted to Suze Orman's "Can I afford it?" segment. I used to watch it with a friend, and we'd anticipate her response by shouting "Approved!" or "Denied!" (If you didn't have a six-month emergency fund, Suze always denied you. Unless you were a mom who wanted to...
by lynneny
Sat Jan 28, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 72
Views: 10907

Re: Anyone moved to another state for lower cost of living?

I've moved a lot for work, including 5 different countries, and lived everywhere from a duplex penthouse to a one-bedroom apartment (extreme range of LCOL to HCOL countries). All were wonderful, unmissable experiences. My latest/longest move was to HCOL nyc at age 44, and I expect to be here here un...
by lynneny
Mon Jan 23, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: confused by rollover options to Vanguard.
Replies: 7
Views: 981

Re: confused by rollover options to Vanguard.

That's a great idea to move a 401(k) to Vanguard via the intermediate step of rolling it over to someone like TD Ameritrade who will accept an ACH transfer. I expect to retire in a couple years, and really don't like the idea of being sent a check for the mid-six-figures amount in my 401(k), and the...
by lynneny
Sun Jan 22, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Extensive Travel & Mobile Lifestyle in Retirement
Replies: 8
Views: 1362

Re: Extensive Travel & Mobile Lifestyle in Retirement

Sounds terrific! Western Europe is wonderful and packed with history & culture and it's easy to get around by train and low-priced European airlines, but most countries except maybe Portugal are fairly HCOL (Eastern Europe less so). If you want something much less expensive, much of Asia is exot...