Search found 312 matches

by MikeWillRetire
Sat Dec 15, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 67
Views: 3365

Re: Favorite Purchase of 2018?

FIOS internet. Up until this year, we had DSL.
by MikeWillRetire
Sun Oct 14, 2018 5:24 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 4155

Re: How Much Is Your Sewer Bill?

Over a 12 month period, our water & sewer bill averages $50 per month, for two people, in Maryland.
by MikeWillRetire
Tue Sep 18, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3534

Re: Dental work and hypertension issue

The dental school near me does the same thing, but the cutoff was 140/90.
by MikeWillRetire
Sun Aug 12, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 6385

Re: House Value & Mortgage as a Percentage of Net Worth

I will give you my example. 22 years ago, our mortgage payment was 28% of our take-home pay. Daycare was another 36%! Those were some tight budgets. Luckily, our annual raises continued to exceed inflation, so it got easier as time went on. Managed to pay the house off in 22 years. Now the house rep...
by MikeWillRetire
Sun Jul 22, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead plumbers? Need help.
Replies: 16
Views: 1815

Re: Any Boglehead plumbers? Need help.

Sorry, but I had to laugh at your post! Reminds me of when the heating element on my water heater failed, and I thought to myself "how hard can it be to replace that?". I looked up the part on-line, drove to home depot, and proceeded to shutoff the water valve above the heater. But the valve was bro...
by MikeWillRetire
Sun Jul 15, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10564

Re: When does frugal cross the line to cheapskate?

When you use duct tape to extend the life of your paper lunch bag. I worked with a guy who actually did this.
by MikeWillRetire
Thu Jun 21, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 379
Views: 37078

Re: What is/ was your career and would you recommend it now?

Civil Engineer. This career allowed me to live much better than my parents did. But it no longer appeals to me. When I started, we performed calculations by hand, and we sat at large drafting tables sketching up designs for the draftsmen. I really liked that. Today, I sit in a cubicle and spend all ...
by MikeWillRetire
Thu May 17, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: Roof TV Antenna Recommendation Needed
Replies: 23
Views: 1941

Re: Roof TV Antenna Recommendation Needed

I recommend checking out this guy's website. He will recommend the best antenna for you based on where you live. I live between Baltimore and DC, and he recommended a double antenna setup that could be installed in my attic!
http://www.dennysantennaservice.com/
by MikeWillRetire
Fri May 04, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Budget for kid's sport?
Replies: 49
Views: 2754

Re: Budget for kid's sport?

I'm glad my two sons eventually chose skateboarding as their sport. No trainers, no travel teams, little parent involvement, and relatively cheap. A big part of the sport involves filming tricks and creating skateboard videos. Now as college students, they are members of the skateboard club, and the...
by MikeWillRetire
Fri May 04, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Growing Fruit Trees and Shrubs
Replies: 30
Views: 2896

Re: Growing Fruit Trees and Shrubs

I found that growing raspberries is fairly easy, but you have to commit to building a good trellis. Though not a tree or shrub, strawberries are pretty easy too.
by MikeWillRetire
Sun Apr 22, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Good pushreel lawn mower?
Replies: 11
Views: 1397

Re: Good pushreel lawn mower?

Twenty five years ago, I bought my first house and began mowing my 0.1 acre lot with a reel mower and hand clippers. That lasted a few years until I discovered battery powered mowers and weed eaters.
by MikeWillRetire
Wed Apr 11, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being unreasonable? [Send daughter to private kindergarten]
Replies: 70
Views: 4677

Re: Am I being unreasonable?

If you and your wife really want to live in a better school district, I think you should move into that district now, before she starts school. Your wife would give up the idea of private school, and your child wouldn't have the disruption of changing schools. Can you make that work somehow?
by MikeWillRetire
Sun Apr 08, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: Gardening 2018
Replies: 70
Views: 7315

Re: Gardening 2018

I have planted snap peas, lettuce, and radishes so far. But the weather has been very cold. Radishes have sprouted, and some lettuce, but the peas have not. I may have to re-seed a bit.
by MikeWillRetire
Wed Mar 28, 2018 11:58 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 23588

Re: A lot of heavy hitters this morning

If the Bogleheads forum makes you feel poor, then check out the Bankruptcy Forum for an attitude adjustment. It's a very humbling forum.
http://www.bkforum.com/
by MikeWillRetire
Wed Mar 28, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 16594

Re: Healthy eaters -- is this grocery budget normal to you?

Since you eat top of the line organic foods, including meats, and shop at Whole Foods, then your groceries cost makes sense. Last year, my wife and I averaged $850 per month at the grocery store, and $450 eating out. That includes paper products, cleaning products, hygiene products, etc. We live in ...
by MikeWillRetire
Tue Mar 27, 2018 5:24 pm
Forum: Personal Consumer Issues
Topic: Savannah or Charleston?
Replies: 49
Views: 4817

Re: Savannah or Charleston?

I visited both cities a couple of years ago, and I was more impressed with the visual beauty of Savannah.
by MikeWillRetire
Thu Mar 22, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Losing friends/family when wealthy
Replies: 118
Views: 12075

Re: Losing friends/family when wealthy

Friendships must be maintained, or they will die slow death. If you did not have a wedding, you missed an opportunity to strengthen your friendships. If you don't go out to eat, you are missing opportunities to socialize with your friends. If you don't travel with your friends for vacations, you do...
by MikeWillRetire
Mon Mar 12, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: my house predicament
Replies: 10
Views: 1416

Re: my house predicament

Welcome. I fully understand your concerns. Area demographics change over time. What was a new and thriving community with young families changes over time as a city or region's center of "newness" moves. There are no more young folks, the area is no longer attractive, older folks rent their dwellin...
by MikeWillRetire
Mon Mar 12, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: my house predicament
Replies: 10
Views: 1416

Re: my house predicament

I would be contacting the owners of the house and letting them know that if the insurance doesn't come through, I would be willing to assume control of the property for a reasonable price. I would then have the place razed and expand my fiefdom to put more distance between me and the neighbors. Ith...
by MikeWillRetire
Mon Mar 12, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: my house predicament
Replies: 10
Views: 1416

Re: my house predicament

You might want to wait until the house next door is either rebuilt or destroyed (empty lot) to put yours on the market. Having the house for 24 years I assume it has increased in value some ? SoccerRules, Thanks for the response. We had a nor'easter last week, and it took off quite a few of their s...
by MikeWillRetire
Mon Mar 12, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: my house predicament
Replies: 10
Views: 1416

my house predicament

My wife and I paid off our house in the fall, after 24 years of mortgage. We planned to live here another 2 to 3 years before retiring. It was a new community 24 years ago, but has been declining over the years for various reasons. The house next door is owned by an Army couple who rented the place ...
by MikeWillRetire
Thu Mar 01, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: What bed did you get your toddler and how long did you use it?
Replies: 47
Views: 6922

Re: What bed did you get your toddler and how long did you use it?

My 2 kids went straight from the crib to full-size mattresses. But I'm embarrassed to say that the mattresses were the ones that my wife and I had in our apartments before we got married!
by MikeWillRetire
Sun Feb 25, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: What vacations or weekend getaways are you taking this summer?
Replies: 24
Views: 2163

Re: What vacations or weekend getaways are you taking this summer?

I probably sound terrible for saying this but with three kids under the age of six, anything over an hour in the car is just self torture. I feel you, was just typing this out. Have a newborn and toddler, will be lucky to get to the grocery store. It's a treat to go to the grocery store. Lowe's is ...
by MikeWillRetire
Fri Feb 23, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Time for twins to go to daycare
Replies: 38
Views: 3125

Re: Time for twins to go to daycare

I was paying $20,000 per year for two kids twenty years ago!
by MikeWillRetire
Sat Feb 10, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 9024

Re: Does it ever make sense to buy a new car?

Of course! Buy it and keep it until it dies. The difference between new and used cost is negligible when spread over 10 to 20 years.
by MikeWillRetire
Wed Feb 07, 2018 9:27 pm
Forum: Personal Consumer Issues
Topic: Jogging in the cold.
Replies: 50
Views: 4443

Re: Jogging in the cold.

For me, it depends on the sun and wind. If the sun is shining, and the wind is calm, I will run outside even if the temperature is in the teens. But if it is cloudy, windy, and cold, forget about it.
by MikeWillRetire
Sun Jan 21, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 101
Views: 6477

Re: Going to one income-seeking testimonials

That's good that she brought it up. But, not being a "homemaker" type .....she may change her mind. I recommend being flexible with this decision, allow time to see how it goes, and be willing to change things. My wife chose to work, so we both had to change our paths (we sought out government jobs ...
by MikeWillRetire
Sun Jan 21, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 101
Views: 6477

Re: Going to one income-seeking testimonials

Financially, you can do it. But it really depends on what your wife wants to do. She should be happy with the decision. What does she want to do? You can make it work either way, as long as you are both on the same page. Good luck to you.
by MikeWillRetire
Wed Jan 10, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Please help guide me to retirement. 401K info added
Replies: 17
Views: 1361

Re: Please help guide me on my road to retirement

bloom2708 wrote:
Wed Jan 10, 2018 2:10 pm
You have an awful lot riding on one income. I guess that is the part that would worry me the most. A recession, a job loss, it would be hard to stay afloat for long.
+1
by MikeWillRetire
Wed Jan 10, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Cars in college
Replies: 34
Views: 2091

Re: Cars in college

My two sons are in the University of Maryland, one is a senior and one is a sophomore. Living on campus, they have no need for a car. Skateboards and bikes suffice.
by MikeWillRetire
Mon Jan 01, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 6858

Re: Long Term House—Any Regrets on things you didn’t do?

MikeWillRetire wrote : I built a brick patio while my neighbors built wood decks. That patio has been maintenance free all these years. Not so with those decks. My experience differs. Our wood deck needs repainting every 3 years. But our brick patio attracts algae and moss on surface and in cracks,...
by MikeWillRetire
Sun Dec 31, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 6858

Re: Long Term House—Any Regrets on things you didn’t do?

I have been in my house now for 24 years. Early on, I built a brick patio while my neighbors built wood decks. That patio has been maintenance free all these years. Not so with those decks.
by MikeWillRetire
Sat Dec 30, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Target Net Worth
Replies: 39
Views: 5362

Re: Target Net Worth

I have estimated my retirement expenses, assuming my kids are independent, and house is paid off. I then subtract my modest pension. Then I subtract what social security will be at age 62. I then multiply that by 25. That's my target.
by MikeWillRetire
Sun Dec 24, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: How do you plan for lumpy expenses / travel in your number?
Replies: 4
Views: 480

Re: How do you plan for lumpy expenses / travel in your number?

I take the cost of things like a car, and divide it by an estimated ownership time. That is how much I should be saving each year to cover replacement costs. For retirement planning, I then add that amount to my expenses.
by MikeWillRetire
Mon Dec 18, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Lunch Ideas
Replies: 44
Views: 5025

Re: Lunch Ideas

I make a soup/stew/chili on the weekend and store it in the fridge. Then I heat up one serving before going to work, and put it in a small thermos. I also pack some raw veggies like cherry tomatoes and snap peas, and a couple pieces of fruit.
by MikeWillRetire
Mon Dec 18, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 6728

Re: Spending on myself, am I off base here?

Your investments probably earned more than $5k just this morning.
by MikeWillRetire
Thu Dec 14, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 47
Views: 6654

Re: What is a Reasonable Retirement Cost of Living?

I live just north of you in Maryland with two kids in college right now. I've been tracking my expenses for 5 years now. Before they started college, my expenses were $107k, including a mortgage, but not including income tax. Out of that, I attributed $27k to kids expenses. With the mortgage paid of...
by MikeWillRetire
Tue Dec 05, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: Concrete vs Pavers
Replies: 18
Views: 2500

Re: Concrete vs Pavers

Pavers can be made of concrete too, and they will also fade in time. I prefer the clay brick pavers. They don't come in as many shapes, but they are more durable, stronger, and they don't fade. I built my patio 23-years ago, using brick pavers on top of concrete with a thin sand layer in between, an...
by MikeWillRetire
Tue Dec 05, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 8593

Re: Lowering My Grocery Bill

Well, I can't help you out. My wife and I spend $860 per month for groceries, cleaning products, paper products, hygiene, etc. In our defense, we both work full time with long commutes, so we don't want to spend time clipping coupons, or driving to multiple stores for bargains.
by MikeWillRetire
Wed Nov 15, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Medicare and glucose test strips
Replies: 4
Views: 625

Re: Medicare and glucose test strips

Here in Baltimore, I see handmade signs advertising that "they pay cash for diabetes test strips". There's a seedy black market on craigslist......
by MikeWillRetire
Sat Nov 11, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: Septic tank - deal killer?
Replies: 47
Views: 4936

Re: Septic tank - deal killer?

It's a gamble because it depends on how well the previous owners maintained it.
by MikeWillRetire
Thu Oct 26, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 7506

Re: My fear about buying a house justified?

I can provide my experience as one data point. When we bought our house in the DC suburbs 24 years ago, our mortgage was twice our combined incomes. We were also government employees like you with little saved for retirement. We were able to raise two children, pay for daycare/private schools/public...
by MikeWillRetire
Sat Oct 07, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: 3x gross income = house purchase price, should interest rate be taken into account?
Replies: 26
Views: 3118

Re: 3x gross income = house purchase price, should interest rate be taken into account?

As a data point, my wife and I bought our house in 1993. It cost about twice our combined incomes. We were able to pay off the house in 24 years, raise two children, pay for private elementary school tuition, and currently have enough to pay for their college costs at a state university. 3x wouldn't...
by MikeWillRetire
Sat Sep 30, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: Caught by speed camera
Replies: 49
Views: 4714

Re: Caught by speed camera

Here in Maryland, I actually got a speed camera ticket for going 38 mph! This was a 4 lane roadway where the speed limit was 35 mph, but it drops down to 25 mph in front of a school. Unless you look at every speed limit sign as you drive, you can get caught. It's nuts.
by MikeWillRetire
Sat Sep 30, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 142
Views: 24213

Re: What age did you become debt free and what opportunities did it create?

I just paid off my house last week, age 55. Now I can pay my two son's college bills without having to dig too deep into savings. I am on track to retire in 3 years.
by MikeWillRetire
Tue Sep 19, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: Getting (young) kids interested in coding
Replies: 81
Views: 6870

Re: Getting (young) kids interested in coding

Must be tough being 6 years old these days.