Search found 978 matches

by Gnirk
Fri Jul 19, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 75
Views: 3188

Re: Do you buy cellphone outright or pay over 2 years?

I use the two-year program to pay for my new phone when I think I "need" one, and my DH gets my old phone. I am with a major carrier on a family plan that includes our adult children (they reimburse us for their share) because it is less expensive for four people than the individual plans. The other...
by Gnirk
Fri Jul 19, 2019 3:48 pm
Forum: Personal Consumer Issues
Topic: Anyone install fake grass?
Replies: 21
Views: 1631

Re: Anyone install fake grass?

We had fake grass professionally installed in our small front yard at our snowbird home to replace the real grass, which required water, maintenance, and over-seeding once a year. It has held up well. We chose a high quality type, and is one of the more natural-looking ones; it even appears to have ...
by Gnirk
Fri Jul 19, 2019 2:46 pm
Forum: Personal Investments
Topic: Why keep low-interest I Bonds?
Replies: 16
Views: 1801

Re: Why keep low-interest I Bonds?

I’m only cashing the two low interest $5k bonds .Those are a small part of my portfolio; the others I am keeping. Over 90% of my portfolio is in taxable, so investing the proceeds into my muni funds makes sense to me.
by Gnirk
Fri Jul 19, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 89
Views: 7240

Re: Harrassed at work, what steps to take to protect her future employment

Another thing to think about is how her leaving or being forced to leave will affect her pension, if she has one. A large aerospace company was famous in the 60's and 70's for laying off senior level managers and employees who would otherwise be eligible for their pensions.
by Gnirk
Fri Jul 19, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Undo Joint Account with Parents?
Replies: 22
Views: 1396

Re: Undo Joint Account with Parents?

My mother added my name to one of her checking accounts, so that I could easily pay her bills when she became unable to do so. After her death, I used that account to pay for her estate expenses and taxes. I then split the remainder 50/50 with the other heir because her will instructed that her esta...
by Gnirk
Fri Jul 19, 2019 12:24 pm
Forum: Personal Investments
Topic: Why keep low-interest I Bonds?
Replies: 16
Views: 1801

Re: Why keep low-interest I Bonds?

Thank you all for your input. I am going to cash these I Bonds, and put the proceeds into my Vanguard muni fund. Luckily, I have other I Bonds paying 5.03%, and EE bonds paying 4%.
by Gnirk
Fri Jul 19, 2019 2:31 am
Forum: Personal Investments
Topic: Why keep low-interest I Bonds?
Replies: 16
Views: 1801

Why keep low-interest I Bonds?

I have $10,000 in I Bonds, purchased in 5/2012. The composite rate for them is 1.40%, which seems to me a very poor return on investment, particularly when new issues pay a composite rate of 1.90%. My little pea brain tells me to cash them in, and just add the money to Vanguard Intermediate Term Tax...
by Gnirk
Thu Jul 18, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: help with avoiding inheritance/estate tax
Replies: 14
Views: 1358

Re: help with avoiding inheritance/estate tax

I agree that an attorney is important. One thing to consider (assuming it's affordable) is to begin distributing the assets BEFORE you die. You can gift a lot away ($15k/individual, $30k/couple) without triggering the gift tax. You could do this for many years with a good sized estate. It can be a ...
by Gnirk
Wed Jul 17, 2019 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7786

Re: Medigap vs Advantage: Which did you select?

We would have preferred to have a Medigap plan when we retired at the end of 2006, specifically the F plan. But we couldn't find a doctor in our fairly large area who would accept new medicare patients. So by default, we have a Medicare Advantage Plan. It was great, until Kaiser bought them about a...
by Gnirk
Mon Jul 15, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7786

Re: Medigap vs Advantage: Which did you select?

We would have preferred to have a Medigap plan when we retired at the end of 2006, specifically the F plan. But we couldn't find a doctor in our fairly large area who would accept new medicare patients. So by default, we have a Medicare Advantage Plan. It was great, until Kaiser bought them about a ...
by Gnirk
Mon Jul 15, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: How have elderly parents affected your retirement?
Replies: 29
Views: 5114

Re: How have elderly parents affected your retirement?

I guess I look at this question from a different, and grateful angle: being semi-retired, then retired, gave me the time to manage my mom's health care and financials, as well as spend time with her, during her 12 year struggle with Alzheimer's.
by Gnirk
Sun Jul 14, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: I think i can spend 30k on this vacation, but wife not sure
Replies: 77
Views: 6921

Re: I think i can spend 30k on this vacation, but wife not sure

Advice from a mid-70's retiree: GO! (But that advice from me would be only if you are going on a photography Safari...not killing Safari). Travel while you are young, because you never know what life will hand you later. You may be able to easily travel after retirement, or perhaps not.
by Gnirk
Sun Jul 14, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Adding a Vehicle raises Umbrella premium?
Replies: 12
Views: 1212

Re: Adding a Vehicle raises Umbrella premium?

That's been our experience. A premium is charged for each car. We have 2 drivers and four cars (I have one, my DH has three). $3 mill policy costs $575 per year.
by Gnirk
Sat Jul 13, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Will your investments be enough to cover ALF/misc.medical costs/etc.so there is no burden to your children?
Replies: 89
Views: 4324

Re: Will your investments be enough to cover ALF/misc.medical costs/etc.so there is no burden to your children?

I had a co-worker whose mother was in an assisted-living facility for 14 years with progressively-worse dementia. Awful things do happen... My mom, who had Alzheimer's and no other health issues, was in a private care home for 8 years. In her case, it was less expensive than a nursing home, with fa...
by Gnirk
Sat Jul 13, 2019 1:46 am
Forum: Personal Finance (Not Investing)
Topic: priority of supporting parents vs saving for college
Replies: 54
Views: 3450

Re: priority of supporting parents vs saving for college

Do they rent, or own? If they own, many states have lower tax rates for seniors in lower income brackets. If they rent, there is often subsidized senior apartments, again based on income. If there are waiting lists, get on the list now. Utilities -water, gas, electric-often have subsidized rates for...
by Gnirk
Fri Jul 12, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited ira
Replies: 21
Views: 1590

Re: Inherited ira

My brother and I opted for option number 1 when we inherited my mom's TIRA.
by Gnirk
Fri Jul 12, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 68
Views: 7706

Re: Retired: Do you withdraw from investments or cash ?

DH uses dividends, tax-exempt interest and capital gains from his taxable account to supplement his small TIRA and Social Security.
by Gnirk
Fri Jul 12, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: How do I figure out what offer to make on a condo?
Replies: 19
Views: 1470

Re: How do I figure out what offer to make on a condo?

In a hot market, you will need to move quickly. First, decide what you can really afford, and if this condo is worth that price for you. This is what my daughter did, and she then told her realtor to increase her offer by $X amount, in increments, up to a total of $X amount. She ended up paying $15...
by Gnirk
Fri Jul 12, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: How do I figure out what offer to make on a condo?
Replies: 19
Views: 1470

Re: How do I figure out what offer to make on a condo?

In a hot market, you will need to move quickly. First, decide what you can really afford, and if this condo is worth that price for you. This is what my daughter did, and she then told her realtor to increase her offer by $X amount, in increments, up to a total of $X amount. She ended up paying $15,...
by Gnirk
Fri Jul 12, 2019 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Estate Question
Replies: 14
Views: 1607

Re: Estate Question

I noticed that a couple posters used the term “final distributions” to heirs. Does this mean that an executor could make a partial distribution earlier to the heirs? Let’s say there were two heirs each inheriting 50% of a $500,000 estate. Could the executor distribute a $150,000 to each heir shortl...
by Gnirk
Thu Jul 11, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 108
Views: 12599

Re: No more print Money magazine

We have nearly 2 1/2 years left on our Money subscription. I've emailed them and heard nothing back. If they don't refund my $$ isn't that theft?
Didn't care for their on-line articles at all.
by Gnirk
Thu Jul 11, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Question
Replies: 14
Views: 1607

Re: Estate Question

Pay all of the bills, taxes, and other estate expenses out of the estate's funds. Keep very good records of all income the estate receives from bank interest, investments, etc as well as all bills paid. Then divide whatever is left over. I kept my mom's estate open for 10 months to be sure everythin...
by Gnirk
Thu Jul 11, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7432

Re: Has anyone inherited a obligation/burden/responsibility?

I've read too many horror stories regarding inheritances of real estate by multiple heirs, none of whom can agree on selling the property. The best course of action is for the owners to sell the property before they pass away. But I'm sure that isn't possible in many cases, for many reasons. Case in...
by Gnirk
Wed Jul 10, 2019 5:38 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 4865

Re: Retirees, did your level of luxury increase faster than you anticipated?

[/quote] +1 THIS. We just got back from a round trip to Amsterdam. I told DH that we are never again flying economy. I have varicose veins and he's on blood thinners. I'm going to hang either premium economy or business class on the idea that dying from a blood clot is uneconomical. [/quote] DH comp...
by Gnirk
Wed Jul 10, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 4865

Re: Retirees, did your level of luxury increase faster than you anticipated?

I think the only luxury I/we indulge in post-retirement is flying business class internationally, and economy-plus on cross-country flights. Mainly for comfort because of our ages. Seats are more comfortable, and we don't have to stand in long lines. Something else that is definitely uncomfortable a...
by Gnirk
Wed Jul 10, 2019 12:16 am
Forum: Personal Investments
Topic: Safest way to invest $1 mil for individual with cognitive impairment to protect their assets?
Replies: 33
Views: 3410

Re: Safest way to invest $1 mil for individual with cognitive impairment to protect their assets?

I would think that if a person has been diagnosed with cognitive impairment, and has been a victim of multiple scams, then it’s obvious that person can really no longer manage their own financial affairs, and needs a guardian to do so. I would see an attorney, perhaps one that specializes in elder l...
by Gnirk
Mon Jul 08, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly grandparents moving in with parents; what should they plan for?
Replies: 63
Views: 4813

Re: Elderly grandparents moving in with parents; what should they plan for?

I totally understand the OP's parents wanting to help their parents. It's what our generation does. But you need to go into this with your eyes wide open. NOBODY can predict the future. We have a couple who are good friends of ours, and her dad is 95 (and was supposedly on his deathbed 20 years ago)...
by Gnirk
Wed Jul 03, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Protect my inheritance from divorce with a trust?
Replies: 30
Views: 3242

Re: Protect my inheritance from divorce with a trust?

I wonder (ask an attorney) if you could "disclaim" all or part of the inheritance so that more goes to your sister and, then, you both could work out something "safer" for you.? You normally can't disclaim part of an inheritance and the will would need to be reviewed to see the effect of a disclaim...
by Gnirk
Sun Jun 30, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20022

Re: Do you share your net worth with family members?

No, I don’t because it isn’t any of their business. DH daughter knew his because she worked for him, and she became very entitled.
by Gnirk
Sun Jun 30, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 5958

Re: Relocate to Seattle or NYC

I did not read all the comments. I relocated 3 weeks ago to Seattle and love it! I live right in downtown and do not find traffic to be that bad. I take the bus 10 minutes to work, the scenery is amazing, and overall really happy with my move. Many people say housing is expensive however there are ...
by Gnirk
Sat Jun 29, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 5958

Re: Relocate to Seattle or NYC

Seattle is having some pretty major growing pains these days. No way would I suggest someone move there, especially having to work downtown. Yes, Seattle has growing pains. However, my single, adult daughters both work in downtown Seattle and take public transportation, and have done so for years. ...
by Gnirk
Fri Jun 28, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 5958

Re: Relocate to Seattle or NYC

Seattle is having some pretty major growing pains these days. No way would I suggest someone move there, especially having to work downtown. Yes, Seattle has growing pains. However, my single, adult daughters both work in downtown Seattle and take public transportation, and have done so for years. ...
by Gnirk
Tue Jun 11, 2019 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Late Life/End of Life Expenses
Replies: 38
Views: 3833

Re: Late Life/End of Life Expenses

You never know what life will throw at you. Not typical, but my very healthy mom suffered from Alzheimer’s for 12 years, and 8 of those years required care. We were fortunate that she was frugal all of her life. She bought a 4 year LTC policy in her early 60’s. We found an exceptionally good adult c...
by Gnirk
Wed Jun 05, 2019 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should All Grandkids Be Treated as Equal Members of Same Class?
Replies: 104
Views: 8158

Re: Should All Grandkids Be Treated as Equal Members of Same Class?

My DH has approached this in a different way, for better or worse, because one of his children cannot handle money and has had gambling issues. And even though Ive tried my best to convince him to leave her half of his estate in a spendthrift trust, he won’t. He knows his DD will blow through her in...
by Gnirk
Wed Jun 05, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7886

Re: What flagship (even used) item is better than a budget new item?

I buy shoes based on comfort, not price, and I’m hard to fit. All-Clad cookware. Quality kitchen knives. Toyota Highlander and Lexus RX 350. On the other hand, I buy clothes at Costco, because I can find good quality using natural fibers at a good price, especially Nautica and Foxcroft tops. And I’v...
by Gnirk
Sun Jun 02, 2019 6:10 pm
Forum: Personal Consumer Issues
Topic: Getting out of timeshare
Replies: 13
Views: 2773

Re: Getting out of timeshare

We “sold” our last two timeshare through a company in Montana. They sold both of them to Welk resorts for about $600. They kept the proceeds and we paid nothing. We used our timeshares for over 35 years, but we wanted to travel to other places, it was a pain to try and trade them to a destination we...
by Gnirk
Sat Jun 01, 2019 6:38 pm
Forum: Investing - Theory, News & General
Topic: Concerning Ibonds- sales 1099 both paper & TD
Replies: 12
Views: 893

Re: Concerning Ibonds- sales 1099 both paper & TD

BL wrote:
Fri May 31, 2019 12:32 am
I had to find the 1099 online at TD. Believe the bank sent paper 1099s for paper bonds.
This.
by Gnirk
Sat Jun 01, 2019 2:41 pm
Forum: Personal Consumer Issues
Topic: Painting Cabinets - Is it that hard ?
Replies: 38
Views: 2988

Re: Painting Cabinets - Is it that hard ?

In the past, I’ve painted kitchen cabinets. It’s a lot of work to do it right, and sometimes the brush marks show . We had our kitchen cabinets professionally painted last year. And they look great. The painters removed the cabinet doors and the drawer fronts. They cleaned, lightly sanded, applied a...
by Gnirk
Fri May 31, 2019 9:44 pm
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 10271

Re: How did you all do in the month of May, 2019

Retired. DH portfolio down a bit over 2.5 %; mine down a little under 2%. Second marriage, separate portfolios.
by Gnirk
Fri May 31, 2019 8:40 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12303

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

My portfolio is 37% equities, 57% bonds, 6% cash/ CDs. I’m conservative at roughly 110-age = equities. I’m comfortable with that level of risk.
by Gnirk
Fri May 31, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Working for the Airlines - Value of Free Travel
Replies: 62
Views: 5000

Re: Working for the Airlines - Value of Free Travel

I would say for those who are fairly young, have no kids, that the travel perks are probably worth it. Why? Because traveling as non-rev can be frustrating and time-consuming, especially when flights are so full. And flying non-rev with little ones, well....... When I worked for an airline, in my ot...
by Gnirk
Wed May 29, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Money magazine for Bogleheads?
Replies: 35
Views: 4170

Re: Money magazine for Bogleheads?

:annoyed My husband has a subscription to Money Magazine that expires in October 2021, and just read where they are discontinuing a print edition. He's always enjoyed reading it; he's 80 years old and is not a computer person at all. There's no way he will be able to read the on-line articles. This ...
by Gnirk
Sun May 26, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: Port Townsend-Pacific Northwest
Replies: 33
Views: 2632

Re: Port Townsend-Pacific Northwest

I love Port Townsend, and Sequim is lovely, has nice weather, but is a bit remote. Have you considered the Bellingham area? It’s a college town, on the water, skiing nearby at Mt. Baker, there is some air service from Bellingham. You can visit British Columbia, Vancouver Island or the city of Vancou...
by Gnirk
Sat May 25, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Where to buy products at TRUE wholesale prices?
Replies: 51
Views: 3989

Re: Where to buy products at TRUE wholesale prices?

Costco sells its items for the same price to all its members. Members who own a business, those who have a retail business license, pay the same price as everyone else, but they don't have to pay the sales tax (if your state has a sales tax) on the items they purchase because they are re-selling the...
by Gnirk
Wed May 22, 2019 11:20 pm
Forum: Personal Investments
Topic: $400,000 gift to stepdaughter
Replies: 76
Views: 8844

Re: $400,000 gift to stepdaughter

I, for one, like your plan. By gifting her the money and having her contribute the max to a Roth, you are helping her with a retirement plan. Perhaps also give her some guidance on how and why to invest like a boglehead. My mother gifted the max each year to her grandchildren, who were very responsi...
by Gnirk
Tue May 14, 2019 2:48 pm
Forum: Personal Investments
Topic: refusing inheritance
Replies: 45
Views: 5074

Re: refusing inheritance

It depends upon how the will is written. I was able to disclaim a portion of my inheritance to my two children because mom's will split the inheritance between my brother and me, and if either of us were to predecease her, our inheritance would be distributed "per stirpes" to our respective children...
by Gnirk
Sat May 04, 2019 12:42 am
Forum: Personal Consumer Issues
Topic: Useful wedding gift you didn't expect
Replies: 26
Views: 3133

Re: Useful wedding gift you didn't expect

A small stainless sauce ladle, received 53 years ago for my first marriage. Glad you were able to keep it in the divorce, hope she didn’t get too much of the retirement in exchange I’m the “she”. And being very naive and agreeing to use the same attorney, I got NONE of his retirement after being ma...
by Gnirk
Fri May 03, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: Useful wedding gift you didn't expect
Replies: 26
Views: 3133

Re: Useful wedding gift you didn't expect

A small stainless sauce ladle, received 53 years ago for my first marriage.
by Gnirk
Fri May 03, 2019 10:43 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 136
Views: 6250

Re: Received email and PDF allegedly from Apple

I get these all the time. I forward them, including attachments, to reportphishing@apple.com.