Search found 968 matches

by kaudrey
Tue Dec 04, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Power of attorney for Mom?
Replies: 12
Views: 968

Re: Power of attorney for Mom?

Also note that Vanguard probably has their own POA form - get that from them and submit it, rather than a general POA. My father did that with Fidelity and their bank, after reading that a lot of financial institutions give people a hard time about using a general one that is not on their form.
by kaudrey
Mon Dec 03, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to visualize/categorize my savings?
Replies: 2
Views: 336

Re: How to visualize/categorize my savings?

Yes, I use Excel - to keep track of savings, expenses, projections for retirement etc...
by kaudrey
Mon Dec 03, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting strategies
Replies: 21
Views: 1810

Re: Budgeting strategies

Like some others, I have more of a yearly budget. It kind of goes with your option #4 - you should be planning for those things. My yearly budget has an amount for Capital Expenditures, which would cover your heat pump. I estimate an amount based on the fact that our house is 20 years old and things...
by kaudrey
Mon Dec 03, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Proper way to retire
Replies: 57
Views: 6370

Re: Proper way to retire

I know different companies are different, but I am in the camp of "bad form". Someone will have to take over your duties. Do you want your soon-to-be former co-workers to hate you by not giving time for a transition to take place? Why leave people in a lurch like that? I'm of the mindset of "do unto...
by kaudrey
Mon Dec 03, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 127
Views: 11824

Re: Retirement itch- when did you get it?

My father retired at 57, 23 years ago. I was 26 at the time. In the back of my mind, I made one of my "life goals" to retire at least as early as he did. A few years after that, I started my retirement spreadsheet, which has been growing in complexity and detail ever since. My original plan was to r...
by kaudrey
Thu Nov 29, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Financial goals for 2019 (specific)
Replies: 52
Views: 4334

Re: Financial goals for 2019 (specific)

I am turning 50 in 2019, so I will be maxing my 401(k) up to the catch-up contribution limit.
by kaudrey
Thu Nov 29, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2377

Re: Guy's Western US Ski Trip - suggestions?

Chadnudj wrote:
Thu Nov 29, 2018 8:53 am
Tahoe. You get skiing and casinos (great if your guys' group is into that.)
+1

One of my best friends does a guy's trip there every year, and they love it.
by kaudrey
Thu Nov 29, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 27
Views: 1541

Re: Credit Card Question

Within the last year, I have canceled my two longest held cards, because I now have better ones with better rewards (including Chase SP). My credit score has not been negatively affected (still over 800). I'd cancel it. You have better ones. Plural. OP has two cards, new one and old one. He should ...
by kaudrey
Wed Nov 28, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 27
Views: 1541

Re: Credit Card Question

Within the last year, I have canceled my two longest held cards, because I now have better ones with better rewards (including Chase SP). My credit score has not been negatively affected (still over 800). I'd cancel it.
by kaudrey
Wed Nov 14, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6817

Re: Wait, do I need a prenup?

Wow. I was expecting you to say one of you has millions of dollars or a start-up business. With the assets you have, and a lifetime to build together, are you that focused on money that 50/50 and 70/30 is such a cause for concern for community property? I'm a finance person, who has been divorced, a...
by kaudrey
Tue Nov 06, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Federal employee long-term disability benefits
Replies: 3
Views: 569

Re: Federal employee long-term disability benefits

I speak from personal experience. I was a federal employee and a member of the Army National Guard. During my deployment to Iraq, I was wounded by an IED. Upon my eventual return home, I tried to continue my federal employment. I tried for a couple of years. It was difficult between the operations,...
by kaudrey
Wed Oct 31, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: If you just track NW on a spreadsheet....isn't that sufficient?
Replies: 18
Views: 2031

Re: If you just track NW on a spreadsheet....isn't that sufficient?

I'd say it depends on the purpose. I have a spreadsheet with multiple tabs: 1) NW - updated monthly, nice to know, doesn't affect any decisions 2) Savings - a list of ins and outs to all savings/retirement accounts 3) Expenses - I keep track of 11 major categories, and everything else is lumped into...
by kaudrey
Mon Oct 29, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12781

Re: Am I doing well financially?

I have periodically tracked my expenses via spreadsheet and not once did I spend under $600/mo just on groceries alone, not counting eating out. What am I doing wrong? We coupon and everything, even. justsomeguy2018, 1) You spend first and save later. You should do the reverse. Save first and spend...
by kaudrey
Thu Oct 18, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6639

Re: Did you retire because you hit your number?

I am 49. My original plan (for the past 20 years, it seems) was to retire at my federal MRA of 57. However, now I plan to retire at 52. The reason? I recently re-married to a man who is 10 years older than me. I want to spend as much time with him as I can before things happen. It helps that he also...
by kaudrey
Tue Oct 16, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me fix my life insurance situation...
Replies: 12
Views: 1313

Re: Help me fix my life insurance situation...

My first question would be: what are your annual expenses? You bring in $200K combined. Are you saving any of that? If your DW can live on $116K plus 30% of your pension if you pass until she can collect SS, then you don't need any life insurance on you. If you can live on $84K if she passes, then y...
by kaudrey
Mon Oct 01, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 62
Views: 11086

Re: Anyone want to share their monthly budget? Here's ours

I don't keep that level of detail, but if I use your categories (i.e. leave out health insurance, taxes and savings), we spend about $6,800 a month, in the DC area. That's without a mortgage, but we travel a lot. For reference, we save about 25% of pay (it used to be more, but we don't need to save ...
by kaudrey
Mon Oct 01, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Hit by uninsured motorist - what next?
Replies: 4
Views: 1290

Re: Hit by uninsured motorist - what next?

Something similar happened to us a month ago. We just called GEICO and filed a claim. They took care of everything after verifying that he was an uninsured motorist. (Our guy's actions were so egregious that he was charged with all kinds of reckless driving infractions - so we may get subpoenaed if ...
by kaudrey
Thu Sep 27, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: cleaning lady stealing
Replies: 49
Views: 7532

Re: cleaning lady stealing

Opioid's are a very serious problem. I'd notify not only the owner, but also the police.
by kaudrey
Tue Sep 25, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 8024

Re: Someone stole my check from the mail, changed the amount, and deposited it

I still have to write a number of checks, more than you all apparently. It's at least 1-2 per month. Clark Howard has discussed this fishing before. I need to get a gel pen. Why ? You can send a bank check via online bill payment to anyone anywhere ? As I said before, the check is printed not handw...
by kaudrey
Mon Sep 24, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Is HELOC interest deductible in 2018?
Replies: 9
Views: 973

Re: Is HELOC interest deductible in 2018?

David Jay, that is NOT correct:

The Tax Cuts and Jobs Act of 2017 suspends from 2018 until 2026 the deduction for interest paid on home equity loans and lines of credit, unless they are used to buy, build or substantially improve the taxpayer’s home that secures the loan.

Not just buying.
by kaudrey
Mon Sep 24, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Nursing Home/Medicaid issues
Replies: 10
Views: 1121

Re: Nursing Home/Medicaid issues

Google "Medicaid lookback", and you will get this: A Medicaid applicant is penalized if assets (money, homes, cars, artwork, etc.) were gifted, transferred, given away, or sold for less than the fair market value. Even payments to a caregiver can be found in violation of the look-back period if done...
by kaudrey
Thu Sep 20, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11885

Re: Did you really have something to retire to?

We have several hobbies that take up a lot of our "non-work" time now, and expect to be able to do more of them when we retire. We also both volunteer, and I'd like to do more of that. We also love to travel, and want to spend more time doing slow travel - going places for a month or longer at a tim...
by kaudrey
Mon Sep 17, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Pension question - 65% J&S vs Single plus term insurance
Replies: 6
Views: 662

Re: Pension question - 65% J&S vs Single plus term insurance

My DH is 61 and 12 years older than me. We originally decided to go with a 50/50 J&S on his pension, which he'll get when he's 65, and we bought a $500K term policy on him. I forget the cost, but it wasn't very much in the scheme of things. He is very healthy and active. However, although we still h...
by kaudrey
Mon Sep 17, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4949

Re: Dilemma: Add room to current house or buy new house?

I love the idea of a sunroom, but definitely get more quotes. My friends added one for about $50K and it is beautiful (and we are in a HCOL area).
by kaudrey
Thu Sep 13, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Credit card advice
Replies: 22
Views: 1434

Re: Credit card advice

If you have excellent credit, just close it. I did it a few months ago with a card I had had since 1989, and my score barely moved. Unless you need a loan in the next few months, who cares?
by kaudrey
Wed Sep 12, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2708

Re: Mr.No - another should I pay off my mortgage, post

I wouldn't sell investments to pay off the mortgage, but why not throw your bonus at it every year? Since you don't know how much that will be, it sounds like you aren't counting on it to live. I'd do that, and otherwise keep paying the monthly amount until the bonuses end up paying it off at some p...
by kaudrey
Tue Sep 11, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Remodel for aging in place
Replies: 44
Views: 3210

Re: Remodel for aging in place

I second the question posed earlier - can you live on one floor? My parents are 80 and when they built the house they live in now (23 years ago), they built it so that if needed, they would never need to go upstairs. Their master bedroom and bath are on the main floor with the kitchen, living room a...
by kaudrey
Mon Sep 10, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5302

Re: Advice on how to deal with barking dogs

These dogs are being abused - please call animal control YESTERDAY!!!!!!!
by kaudrey
Mon Aug 27, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: What should I do with my "secured" credit card?
Replies: 9
Views: 748

Re: What should I do with my "secured" credit card?

Are you going to be applying for a loan anytime soon? If not, I'd just cancel it.
by kaudrey
Wed Aug 22, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Sellers beware on eBay.
Replies: 66
Views: 6401

Re: Sellers beware on eBay.

Just donate books to your local library, and other small, basically worthless items to the Salvation Army or Goodwill....
by kaudrey
Wed Aug 22, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to provide free personal finance advice
Replies: 11
Views: 1522

Re: Looking to provide free personal finance advice

Long tine lurker, first post. I have lived my whole life the Bogleheads way and hope to retire in a few short years. I have some extra time in my life at this point and I’m looking for a way to pass my experience on to my community. I’m curious if any of you have found a way to give back. I’m think...
by kaudrey
Wed Aug 22, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 61
Views: 4832

Re: Where to buy engagement ring?

I'd highly recommend www.angara.com. We have gotten earrings, my engagement ring, and our wedding bands from them; great customer service, and beautiful jewelry.
by kaudrey
Wed Aug 22, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Varying college costs across kids in the same family
Replies: 92
Views: 5294

Re: Varying college costs across kids in the same family

I'd say no. My parents paid for my sister to go to an Ivy League school. I went to a very good university, but it probably overall cost $50K less than my sister. I didn't get, nor would have ever expected, to get compensated monetarily for that difference. It would have never even crossed my mind. I...
by kaudrey
Tue Aug 14, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2556

Re: Travel over thanksgiving holiday, drive or fly?

As someone who has to drive up and down between DC and Boston relatively regularly, and had to do it last year on the Sunday after Thanksgiving - I vote FLY. That Sunday was my worst road trip EVER, and it took 150% the time it should have. What time did you leave? 5:30 in the morning, I think. Did...
by kaudrey
Tue Aug 14, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2556

Re: Travel over thanksgiving holiday, drive or fly?

As someone who has to drive up and down between DC and Boston relatively regularly, and had to do it last year on the Sunday after Thanksgiving - I vote FLY. That Sunday was my worst road trip EVER, and it took 150% the time it should have.
by kaudrey
Tue Aug 14, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1093

Re: Should I be worried about potential identity theft? Bizarre email/name mix up?

I would just delete it. I get random ones supposedly from "Amazon" once a week. I don't use that email account for Amazon. Obviously spam; and I just delete them.
by kaudrey
Wed Aug 08, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Gift to Sibling - Trust or...?
Replies: 7
Views: 970

Re: Cash Gift to Sibling - Trust or...?

As someone above said, I would have your mom re-write her will to give your sister an extra $400K from her estate when she passes.
by kaudrey
Tue Aug 07, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: are mccormick gourmet spices better
Replies: 71
Views: 6600

Re: are mccormick gourmet spices better

I agree with others that if you have ethnic/international markets, get your spices there. Fragrant and cheap.
by kaudrey
Fri Aug 03, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1487

Re: HELOC

I have one - we got it to do a master bathroom remodel; that has been about 1/2 paid off - and we have extra room in there for something else that may come up. It's easy access to low-cost $, so why not?
by kaudrey
Fri Aug 03, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: 3 Levels of Wealth
Replies: 125
Views: 12219

Re: 3 Levels of Wealth

Level 1: I'm not stressed out about debt. People no longer have to worry about credit card debt or student loans. Level 2: I don't care what stuff costs in restaurants. How much you spend on a particular meal isn't impacted by your finances. Level 3: I don't care what a vacation costs. People who d...
by kaudrey
Fri Aug 03, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Unexpected early retirement - requesting advice
Replies: 56
Views: 7036

Re: Unexpected early retirement - requesting advice

As a fellow fed, I'll just re-iterate what some others have said. Look at options such as: 1) FMLA leave 2) Reasonable Accommodation (this could be so many things, it might help) 3) Disability Also, as to FEHB, if you leave before your MRA, you can get Temporary Coverage for 18 months, so keep that ...
by kaudrey
Fri Aug 03, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 938

Re: Help with My Draft Retirement Investment Plan please!

On the RMD question, please note that when people talk about trying to avoid RMDs, it is usually because they will be very large because IRAs make up a huge percentage of someone's retirement portfolio, and if they don't need the money to spend right away, they don't want to pay taxes on it just to ...
by kaudrey
Thu Aug 02, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Home Addition Finance
Replies: 48
Views: 2907

Re: Home Addition Finance

the lack of open layout and completely segregated rooms is what is making her frustrated and unhappy. we have family over all the time and friends over. it's an awkward layout I still find it hard to believe that her happiness in life hinges on an open layout in her dwelling. Given what you said ju...
by kaudrey
Thu Aug 02, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I count rental equity towards our retirement number?
Replies: 9
Views: 614

Re: Should I count rental equity towards our retirement number?

I wouldn't count the equity until you actually sell the properties. However, the income they generate means you need less in investments/cash because the income will cover some of your expenses.
by kaudrey
Wed Aug 01, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Air Conditioning? [How to finance?]
Replies: 76
Views: 5431

Re: Air Conditioning? [How to finance?]

If it's less than $10K, I'd just use your emergency funds and then build them back up. I use mine for things like that as they come up (tomorrow it is surgery for my pup....).
by kaudrey
Tue Jul 17, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: A different take on retirement income: time segmentation
Replies: 179
Views: 13171

Re: A different take on retirement income: time segmentation

Theory is that retirees overall spending tends to decline with age. How much of this is because they spent much of their modest nest eggs early on, unwisely perhaps, and now don't really have enough remaining to spend more? On the other hand, we have people with larger portfolios who simply lose in...
by kaudrey
Tue Jul 17, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Website to send gifts?
Replies: 2
Views: 315

Re: Website to send gifts?

I like Harry and David as well.

Also, try https://www.gourmetgiftbaskets.com/
by kaudrey
Mon Jul 16, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 6014

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

Life is definitely a balance. I have traveled consistently throughout my adult life, and wouldn't change any of it. We also owned a cabin in the mountains for 7 years (sold last year) that we used on weekends. The cabin was bought because we realized we could ease up on saving a bit and still reach ...
by kaudrey
Mon Jul 16, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 4196

Re: How often do you buy a primary residence?

Well, I'm on my 2nd house and I am almost 50. First house bought when I was 27, sold 3 years later because we moved to a new state for my job. I have been in the same house for the last 20 years. I bought it new, and over the years have updated the kitchen, the master bath, and all of the flooring t...
by kaudrey
Tue Jul 10, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Issue (Cold Freezer-Warm Fridge)
Replies: 11
Views: 691

Re: Refrigerator Issue (Cold Freezer-Warm Fridge)

This happened to us recently, and we had the defroster panel replaced (I think that's what it was called).