Search found 109 matches

by ychuck46
Thu Aug 29, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12636

Re: What is your plan for the last few years of a long life?

A constant stream of sex, drugs, and rock&roll. The rest of my time will be just wasted. Or is it that I will be wasted? I get confused.
by ychuck46
Sun Aug 25, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think about this $4M house idea?
Replies: 103
Views: 7427

Re: What do you think about this $4M house idea?

A 30 year, $3M mortgage at 3.92% would be over $14K/month. You would be spending over $168K per year for a mortgage on a house that someone else uses for 2-3 years. Maybe it is just me but it sounds like a horrible deal for you guys. Even if you got them up to $150K per year, a longshot, you are sti...
by ychuck46
Thu Aug 22, 2019 10:36 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13217

Re: When Did You Ease Up On Saving Aggressively?

Never let up until the last day of work and a paycheck. Even the checks coming after I stopped working were maxing out the retirement accounts. Saving was just in my blood from a young child.
by ychuck46
Thu Aug 22, 2019 10:31 am
Forum: Personal Investments
Topic: 401k Rollover disaster
Replies: 31
Views: 2166

Re: 401k Rollover disaster

"Everything was put into American Funds spreading them out between 10 different funds." That was the first mistake, since American largely enriches FAs in the short-term. Here is a snapshot of American's front-end load structure: American Funds does not advertise. It markets its funds by compensati...
by ychuck46
Wed Aug 14, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Are you a "solo ager?"
Replies: 133
Views: 17598

Re: Are you a "solo ager?"

tooluser wrote:
Sat Aug 10, 2019 12:47 am
Robots will likely be able to deliver a better simulation of care than humans. Looking forward to them.
They also won't steal everything you have when family members aren't around, or sit there laughing when you need help getting out of bed.
by ychuck46
Mon Jul 29, 2019 4:49 pm
Forum: Personal Consumer Issues
Topic: Whole-house generators - Generac, Kohler, or Briggs?
Replies: 145
Views: 6636

Re: Whole-house generators - Generac, Kohler, or Briggs?

Live in TN. We have had a whole house Generac (20Kw) for about four years now, also tied into the natural gas line. It has worked flawlessly so I am really big on them. Our local installer also offers Kohler but I believe the vast majority of people still go with Generac. The price seems reasonable ...
by ychuck46
Tue Jul 09, 2019 5:05 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5126

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

We travel quite a bit, about 4-5 months out of the year, although we stay in one resort for three months during the winter so it is more like a second home (we have a lot of timeshare points in case you are wondering). Otherwise our costs have been capped pretty well since I retired five years ago, ...
by ychuck46
Mon Jul 01, 2019 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 21266

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

The parents are passed so that is a non-starter. My siblings? No way, no how. They are the most jealous bunch imaginable and I am sure it would blowback negatively on me.
by ychuck46
Thu Jun 13, 2019 4:54 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 87
Views: 9541

Re: How safe are pensions in the U.S.?

As far as corporate pensions go, how much do you trust CEOs and companies to keep their promises? That's what I thought. And while some states such as IL have been atrocious at funding their public pensions, preferring to spend any $ earmarked for that on more "deserving" people, others such as NY (...
by ychuck46
Thu Jun 13, 2019 4:50 pm
Forum: Personal Consumer Issues
Topic: Do you repair your own appliances?
Replies: 65
Views: 3765

Re: Do you repair your own appliances?

Try to do everything myself, whether fixing appliances or any other jobs around the house. This one was minor but I ran over an emitter valve with the lawn tractor this week that was at the end of the sump pump line out in the side yard and shredded the popup portion. Went to Lowe's were they had th...
by ychuck46
Mon May 27, 2019 8:23 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3976
Views: 1131845

Re: What Book Are You Currently Reading? Part VI

"Goebbels: A Biography" by Peter Longerich. Helps me to understand where the mass media of today got its roots.
by ychuck46
Wed Apr 17, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: I give up on discount movie apps....
Replies: 11
Views: 1279

Re: I give up on discount movie apps....

Was an avid user of Dealflicks for a # of years. Disappointed when they went defunct this past year. Now I just do the senior discount pricing on all days/all times at the AMC theaters.
by ychuck46
Wed Apr 03, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 303
Views: 33728

Re: "The best and worst U.S. states for retirement"

This survey was probably one of the worst I have seen so far. Our adopted state for the last nine years, TN, always ranks high as far as affordability, and affordability is the one metric the vast majority of retirees are looking at. Supposedly this survey is based on three criteria, COL, health car...
by ychuck46
Sun Oct 28, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7507

Re: How many miles (total) on car before buying another car ?

Our current vehicles are a 2007 H3 with 86K miles, and a 2012 F-150 with 89K. Not thinking of trading in either since they both run great. Hope to take the F-150 up to hundreds of 1000s of miles. Maintenance costs are reasonable; if they stay that way we have no need to change regardless of age or m...
by ychuck46
Wed Sep 05, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 10071

Re: How to "waste" money on groceries?

How do I waste money on groceries? By bypassing the ground beef in the meat aisle and getting my hamburgers from Hardee's!
by ychuck46
Sun Jun 10, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Retire in 2 years at 55 - Can I do it
Replies: 26
Views: 4111

Re: Retire in 2 years at 55 - Can I do it

To net things out - Yes.
by ychuck46
Tue May 01, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 8627

Re: How would you handle a request for money from a niece?

I suspect she is starting out with this small amount to test the waters; if successful it will ratchet up over time. I would not open that door to her or you'll be in a worse situation down the road. When my father died I took responsibility for my mother's investments, and kept all wolves from her ...
by ychuck46
Wed Apr 25, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Need to cut the cable cord - is there an alternative?
Replies: 42
Views: 5116

Re: Need to cut the cable cord - is there an alternative?

We got off DirecTV satellite and went for the DirecTV Now streaming service using Amazon Fire Sticks on the TVs. I find it to be great since I have the flexibility of putting TVs anywhere that it may have been problematic to run cable for either cable TV or satellite service (think a sunroom with ti...
by ychuck46
Wed Mar 28, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 17753

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

I will admit I am not on the organic bandwagon except for when the prices are close to regular prices for similar items. We shop at Kroger's and find a lot of items that come close, and we also hit Aldi's for some materials and Sam's Club for their large sizes of cherry tomatoes and the like. The wi...
by ychuck46
Sun Mar 18, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: Selling time share "points" for my stepfather
Replies: 12
Views: 1769

Re: Selling time share "points" for my stepfather

We are owners of a large number of points in the Wyndham timeshare system. Quite frankly, points have little value on the open market. Most go on eBay and elsewhere for next to nothing, and many (erroneously) think they have to pay others to unload the points for them. Points should never be conside...
by ychuck46
Fri Mar 16, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: How do you pick a financial advisor?
Replies: 8
Views: 1202

Re: How do you pick a financial advisor?

I don't. I have educated myself over the decades and make all my own decisions, which involve both active trading (including selling put and covered call options) and low-cost ETFs and mutual funds when an equivalent ETF is not readily available. Personally I would recommend you do not use a FA, sin...
by ychuck46
Fri Mar 16, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Septic Maintenance Routine
Replies: 24
Views: 2101

Re: Septic Maintenance Routine

We have been in our house for 7-1/2 years, buying it used. We had it pumped out the second year we were here but I have not done so since. We are careful about what we put down the sinks or toilets (e.g. no grease or dairy products, as well as the obvious others have said above). I also put down a p...
by ychuck46
Tue Mar 13, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Finally Cutting the Cord - YouTube TV
Replies: 57
Views: 9544

Re: Finally Cutting the Cord - YouTube TV

We went with DirecTV Now a week ago and are pleased. Why? We took the second level package that after our initial three month discount period will be $60 per month, the ability to stream to any device, being able to locate TVs in places that running cable would have been problematic, the cost, etc. ...
by ychuck46
Wed Dec 13, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Cheap tablet just for internet surfing
Replies: 46
Views: 5967

Re: Cheap tablet just for internet surfing

My wife has been an avid user of an iPad for many years, but bit recently on a great offer from Amazon for an Amazon Fire 10. She absolutely loves it, more than the iPad. As others have suggested, might be a great route to go for a lower cost tablet.
by ychuck46
Wed Dec 06, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 5079

Re: How do you know you are FI?

We currently have over 40x our living expenses in investments alone. If I net out those expenses by taking out our SS it is over 70x expenses. Most analysts/advisers/BHs will tell you that is enough, as will all the Monte Carlo simulations. Even with that I felt I should work longer than I did (stop...
by ychuck46
Sat Nov 18, 2017 4:24 pm
Forum: Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 91
Views: 6646

Re: Do you include the sale of your home as part of your retirement planning?

I do not count anything that cannot be considered liquid, whether in a taxable or non-taxable. Physical real estate would not be counted in my projections, meaning our net worth is higher than I state, giving somewhat of a cushion.
by ychuck46
Mon Oct 30, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 20344

Re: What was the main reason you retired?

#4 and #8 - I guess it had something to do with being employed.
by ychuck46
Sun Oct 22, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 349
Views: 53676

Re: Does anyone here with net worths north of $1 mil use financial advisors?

By educating myself and after years of experience, I find I can lose money in the markets just as well as the vast majority of FAs out there. I can save their outrageous fees and have that much more $ to lose in the markets.
by ychuck46
Sun Oct 15, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 10791

Re: What are you driving? And would you buy your current ride again?

Me: 2012 F-150 Supercrew with about 73K miles. Would have it again in a heartbeat.

Wife: 2007 H3 Hummer with about 84K miles. She loves it; safest vehicle she has ever owned in her estimation. Can no longer buy new; wouldn't want to buy a used one.
by ychuck46
Thu Aug 31, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Do we have a toilet problem? Or drain line?
Replies: 7
Views: 890

Re: Do we have a toilet problem? Or drain line?

Does it occur after eating Mexican food, when you have visited a Chinese buffet, tried spicy Thai food, or after stopping at the local Indian restaurant? If yes, I suggest changing your diet to avoid those establishments.
by ychuck46
Sat Aug 12, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 22354

Re: How far would you travel to see The Eclipse?

Silk McCue wrote:
Sat Aug 12, 2017 8:56 am
munemaker wrote:I once flew my Lear Jet up to Nova Scotia to see a total eclipse of the sun. That's about 650 nautical miles.
"Well you're where you should be all the time"- I know a lady who's friend did that one time.
"And when you're not your with ..." Who?
by ychuck46
Sat Aug 12, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 22354

Re: How far would you travel to see The Eclipse?

About 30 feet to my front porch. We are right smack in the middle of the 70 mile wide "zone of totality" here in TN, one of the top 30 towns in the country to view the eclipse.
by ychuck46
Sun Aug 06, 2017 6:46 pm
Forum: Personal Investments
Topic: Forced Early Retirement - Advice Sought
Replies: 32
Views: 5443

Re: Forced Early Retirement - Advice Sought

Like others have stated, I think it is important to look at it as much from the expenses standpoint, perhaps even moreso than the assets. Most will tell you that 25x your expenses in savings/investments would be very doable. Personally we are closer to 60x after subtracting out our SS that we starte...
by ychuck46
Fri Aug 04, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 109267

Re: A poll: How much money do you want to retire?

Currently 63; retired at age 60. House paid off.

Started SS at 63 after one year of procrastination. After subtracting SS we currently have about 60x our expenses.
by ychuck46
Sun Jul 09, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 11619

Re: how to destroy hard disk with personal info

Like others I have drilled them, torn them apart, smashed them with hammers or a sledgehammer, and so on. Unless you are under surveillance by some agency, I don't think anyone will care enough to try to resurrect data off hard drives that have been subjected to this kind of abuse.
by ychuck46
Sun Jul 09, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of long term bonds
Replies: 26
Views: 3283

Re: Talk me out of long term bonds

"Talk me out of long-term bonds"!

Don't do it. There; my work is done.
by ychuck46
Wed May 31, 2017 10:40 am
Forum: Personal Investments
Topic: About to retire
Replies: 11
Views: 2261

Re: About to retire

Your approach of spending from the taxable accounts and rebalancing the tax-deferred is what many will do. But there are some that prefer to spend down from the tax-deferred accounts instead, particularly if their tax situation changes in the future. RMDs will affect this as well, potentially puttin...
by ychuck46
Mon May 15, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 40
Views: 8257

Re: Who really needs an umbrella insurance?

For someone who has net worth less than 80K (including retirement accounts), do I really still need umbrella insurance? P.S: I am renting an apartment in a building, so not responsible for any injuries happens anywhere outside my home. Auto liability is already $500K How much human capital do you h...
by ychuck46
Thu May 11, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 9130

Re: What newspaper or magazine do you pay for?

I only subscribe to two magazines, and have for decades - Money and Kiplinger's. Sometimes I get some info that I can act upon, but otherwise I just have always enjoyed reading both in hardcopy versus online. I stopped subscribing to any big city newspaper years ago, but do subscribe to our small to...
by ychuck46
Thu May 11, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: What to do with older laptop?
Replies: 32
Views: 4666

Re: What to do with older laptop?

Whenever I get rid of an old laptop, and before taking it to the recycling center, I remove both the memory and the hard drive. I then take a solid mallet to both and make sure they are destoyed and then sealed in the garbage. You never can be too careful.
by ychuck46
Thu May 04, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 39016

Re: Where to Live on $60K or Less a Year?

We live in the Crossville, TN area, specifically on the lake Tansi side. I believe you will find we tick off just about every box on your list. The crime rate might seem high but that is largely due to stealing to support drug habits, nothing major like you will find in all the large cities you lis...
by ychuck46
Thu May 04, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 39016

Re: Where to Live on $60K or Less a Year?

We live in the Crossville, TN area, specifically on the lake Tansi side. I believe you will find we tick off just about every box on your list. The crime rate might seem high but that is largely due to stealing to support drug habits, nothing major like you will find in all the large cities you list...
by ychuck46
Mon Dec 26, 2016 2:02 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 15724

Re: At what age, income, and NW would you buy a $50k car?

Did buy an F-150 Supercrew in 2012; that cost around $40K or so. But since I plan on keeping it for 100s of 1000s of miles, the cost will be less over time than many people pay for a car that does substantially less. For example, we travel for three months or so at a time (we're retired), taking a t...
by ychuck46
Tue Dec 20, 2016 7:17 pm
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 10572

Re: Hard Endeavor/Exercise in Middle Age

I am 63 and still run and strength train. Now for your middle age question, I was still playing competitive level basketball into my 40s, but got interested in karate when I put my daughter into it. Bottom line, I got a black belt when I was 45. Loved it, but due to travel/work I wasn't able to got ...
by ychuck46
Sun Dec 18, 2016 5:08 pm
Forum: Personal Consumer Issues
Topic: Personal fulfillment in retirement
Replies: 37
Views: 6690

Re: Personal fulfillment in retirement

Been retired for almost three years now. Love it! We travel 4-5 months out of the year, I work out a lot, still handle all the chores on our large property, we go out a lot to low priced locales, etc. I was hating work (or rather the way the companies had changed) for years before leaving early, and...
by ychuck46
Thu Dec 15, 2016 10:03 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 19952

Re: How old is your vehicle?

We have two vehicles, a 2012 F-150 Supercrew with 63K miles, and a 2007 H3 Hummer with 76K miles. Hope to keep them both for many more years.
by ychuck46
Tue Oct 04, 2016 5:18 pm
Forum: Personal Consumer Issues
Topic: Credit cards that have annual fee's, do you have any?
Replies: 55
Views: 12091

Re: Credit cards that have annual fee's, do you have any?

Three main cards I use:

1. AmEx Blue - yes, yearly fee, but 6% cash back on groceries makes it a no-brainer
2. Sam's Club Mastercard - no annual fee, and 6% cash back on gas
3. Harley Davidson Visa - no annual fee, and 5% back on all purchases (to be used on anything HD - bikes, parts, service)
by ychuck46
Wed Sep 07, 2016 3:27 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my 6 year old plasma TV?
Replies: 81
Views: 22081

Re: Should I upgrade my 6 year old plasma TV?

Others have already given their thoughts, largely in favor of staying with your existing TV. The only reason to upgrade your 46" plasma would be if it is becoming problematic, or you absolutely want to see your favorite sports teams, or TV shows, in a larger screen setting. The differences are too s...
by ychuck46
Sat Aug 13, 2016 11:20 am
Forum: Personal Investments
Topic: Move account from Morgan Stanley?
Replies: 16
Views: 1737

Re: Move account from Morgan Stanley?

In your circumstances, with your amount of funds, you need absolutely no help from a financial advisor. I would also have said that if you had much, much more than what you currently have. Bottom line - you do not, I repeat do not, need to pay for financial advice. Put your money into a representati...
by ychuck46
Sat Jul 16, 2016 8:37 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 168
Views: 18412

Re: What kind of car do Bogleheads like to drive?

Wife - 2007 Hummer H3 Me - 2012 F150 Supercrew Bought both new for cash and will likely hold both for some time. The H3 gets driven little, while the F150 is taken on trips and any heavier duty work. Both are in great shape with no body rust; even the H3 has little rust underneath after its early ye...