Search found 634 matches

by Herekittykitty
Thu Nov 14, 2019 8:34 pm
Forum: Personal Investments
Topic: Widow and investments
Replies: 26
Views: 2705

Re: Widow and investments

I'm sorry for your loss. I was in a similar situation at your age, widowed, young children. This was decades ago, the Internet was just starting and not useful, and not nearly as much information as available. My first thoughts are to give yourself and the kids time to grieve and adapt. Take good ca...
by Herekittykitty
Sun Nov 03, 2019 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12463

Re: Possible Layoff: Need Assurance That We Will Be Okay

I'm seeing the issues as: Will the OP and spouse be okay for the rest of their lives if he loses his job and is unable to find another job? And: Will the OP be able to find another job bringing in a salary and with benefits that will meet his perceived needs and perhaps goals? I see plenty of answer...
by Herekittykitty
Sat Oct 26, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15107

Re: I no longer plan on retiring early

You might be interested in The White Coat Investor website (in addition to this one of course!) The doctor who runs it also posts here under the same name.

Sorry if anyone mentioned already, I took a quick look and didn't see it.
by Herekittykitty
Sat Oct 19, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Continuing Disability Review
Replies: 21
Views: 1257

Re: Continuing Disability Review

........People with mental illness have difficulties with obligations. It’s not as simple as “it’s her problem, let her deal with it”. People with mental illness need support; there are real reasons behind their disability and they don’t function as typical people would. OP, I suggest you call soci...
by Herekittykitty
Sun Oct 13, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Hotel mini bar - rude to use for own stuff
Replies: 42
Views: 6284

Re: Hotel mini bar - rude to use for own stuff

This is why my kids think hotels like Hampton Inn and Hyatt Place with a room fridge and free breakfast are the really fancy hotels. They were wondering why we stayed at a cheap place without these things this summer, when it was actually a "nicer" hotel. I'm starting to agree with them. :D I agree...
by Herekittykitty
Sat Oct 12, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pension or Lump Sum
Replies: 11
Views: 1159

Re: Pension or Lump Sum

Age 62 (born 1957) single divorced (married x 10 years or more so qualifies for Social Security benefits on ex-spouse's record) woman, currently employed FRA 66 years 6 months OP does not have amounts to compare her Social Security benefits at any given age on her own record versus on her ex-spouse'...
by Herekittykitty
Fri Oct 11, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: Hotel mini bar - rude to use for own stuff
Replies: 42
Views: 6284

Re: Hotel mini bar - rude to use for own stuff

VictoriaF wrote:
Thu Oct 10, 2019 9:51 am
It's rude of hotels to tempt you with over-priced alcohol and snacks.

Victoria
I agree and extend the sentiment to: It is rude of hotels to put items including food and drink for sale in your room at all.
by Herekittykitty
Thu Oct 03, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Help me prepare to help mother-in-law
Replies: 53
Views: 4744

Re: Help me prepare to help mother-in-law

Is she willing to learn how to budget and manage her income and outgo? Is she willing to do it once she learns it, or if not, is she willing to let you and her daughter helping with the mechanics of the budgeting and being her accountability partners, while she sticks to the plan?
by Herekittykitty
Sun Sep 22, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help me prepare to help mother-in-law
Replies: 53
Views: 4744

Re: Help me prepare to help mother-in-law

I keep thinking about OP's MIL. Here are more random thoughts. 67 years old and still working. Divorced x 1, I assume, not widowed, ex-spouse still living? (Some of the thoughts/questions below apply to all ex or late spouses if there are more than one.) Is she working as an early childhood educator...
by Herekittykitty
Sun Sep 22, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Help me prepare to help mother-in-law
Replies: 53
Views: 4744

Re: Help me prepare to help mother-in-law

........Thanks for helping me think about things I hadn't considered. And for the kind words, though she's my MIL, not mother (but she did raise a fine daughter!)....... Woops! :oops: Thanks for the correction. I went back into my post and fixed it, I think. Maybe I should take Sunday morning off f...
by Herekittykitty
Sun Sep 22, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Retirement date of 12/31/2019 vs. 2/28/2020
Replies: 18
Views: 1371

Re: Retirement date of 12/31/2019 vs. 2/28/2020

Increase in Social Security retirement benefits for having earned income in 2020 assuming you have years with zero income or income less than you would be earning in 2020. Might not be much of an increase, but if it is any increase I would do it in return for a couple more months of work.
by Herekittykitty
Sun Sep 22, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Help me prepare to help mother-in-law
Replies: 53
Views: 4744

Re: Help me prepare to help mother-in-law

Another poster suggested the OP not subsidize his MIL to make it possible or even easier to wait until age 70 to claim Social Security benefits on her own record. I don't agree with that. If she needs help to wait until age 70 in order to maximize her monthly benefits for the rest of her life, it is...
by Herekittykitty
Sat Sep 21, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help me prepare to help mother-in-law
Replies: 53
Views: 4744

Re: Help me prepare to help mother-in-law

This meeting needs to be information gathering, and is unlikely to contain all the information you are going to want as she may not have it all together yet. Is she wanting to talk to you in order to get your advice? Or in order to get your commitment to support her in part or in whole financially? ...
by Herekittykitty
Sat Sep 21, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 8202

Re: How to handle "split-the-bill" group lunches?

A birthday lunch is not a business arrangement. It is a birthday lunch. Splitting the bill evenly among every one but the birthday person is as reasonable a way as any of covering it and is certainly easier than pulling out the calculators and so on. If one person got a more expensive meal than anot...
by Herekittykitty
Sat Sep 14, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: What dish soap do you use?
Replies: 54
Views: 3230

Re: What dish soap do you use?

Dawn, for years. Works great for me. Quick and easy. I have no idea why Dawn doesn't work for you. Assuming you are using genuine Dawn and not some watered down version - I'm wondering if the dish soap isn't the problem, but maybe something about either your expectations (no, things aren't the same ...
by Herekittykitty
Sun Aug 18, 2019 1:28 pm
Forum: Personal Investments
Topic: Plan for my mom
Replies: 30
Views: 2428

Re: Plan for my mom

That is a great idea. I know others who have done it (put a set amount into a separate account regularly, along with siblings if they can/will) and it has worked very well for them too. It takes a lot of stress and uncertainty out of the situation for all parties. In your mother's case, it might be...
by Herekittykitty
Sun Aug 18, 2019 8:55 am
Forum: Personal Investments
Topic: Plan for my mom
Replies: 30
Views: 2428

Re: Plan for my mom

I will repeat my recommendation for a 20:80 allocation. In essence, this is betting the 9th year funds and 10th year funds in stock market. But with a decade to go, and expecting a reasonable 6% to 7% nominal returns per year, this money would have time to double. Buying the OP’s mom an additional ...
by Herekittykitty
Sun Aug 11, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 7365

Re: How should my Spouse and I handle a $300,000 Settlement?

Dave Ramsey's Financial Peace University: Attend it with your wife. It can help get you and your wife get on the same page, help prioritize spending, help set financial goals and a plan to reach them. It is hokey - don't let that put you off. It can help you and your wife. https://www.daveramsey.com...
by Herekittykitty
Sat Aug 10, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Pretty much broke --- what would you advise?
Replies: 85
Views: 9919

Re: Pretty much broke --- what would you advise?

Him: Age 73 Health problems Social Security Income: $1,100 Other income: None Work: None Her: Age 62 Social Security Income: None now ($1,200 if she takes it now) Work: None (Laid off) Career experience: Administrative Assistant Assets: Savings: $20,000 IRA (currently in Target Fund 2020): $30,000 E...
by Herekittykitty
Sat Aug 10, 2019 4:54 am
Forum: Investing - Theory, News & General
Topic: Why do dividends still exist?
Replies: 204
Views: 12580

Re: Why do dividends still exist?

According to the dividend discount theory of stock value, dividends are the root of stock value. The value of the stock is the present value of the future stream of dividends it will pay. If you assume that the stock will never pay a dividend, then the calculation becomes indeterminate, like zero d...
by Herekittykitty
Sun Jul 21, 2019 7:08 pm
Forum: Personal Investments
Topic: Review of late start portfolio and future recommendation
Replies: 17
Views: 1534

Re: Review of late start portfolio and future recommendation

Not directly related to the portfolio, but related to total retirement income: Make sure you understand how your pension works including all options related to it. I'm not offering an opinion on any of this, just bringing up things to consider. For example: Will the pension have cost of living incre...
by Herekittykitty
Sat Jul 13, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: Being given charity that I don't need
Replies: 51
Views: 5119

Re: Being given charity that I don't need

What a lovely story all around. Your boyfriend was kind to her. She is being especially kind to you. You are being kind to her.

It can be a kindness to accept the kindness of someone.

This thread made my day.
by Herekittykitty
Fri Jul 12, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Pay student loans via cash-out refinance?
Replies: 41
Views: 2256

Re: Pay student loans via cash-out refinance?

With $12,00 income - $10,000 expenses = $2,000. Does the $10,000 expense figure include all non-discretionary expenses? If so, I don't see a cash flow deficit. I see a cash flow surplus. $1,000 a month of which could go to paying down the student loans to get them paid off even faster than the few y...
by Herekittykitty
Thu Jul 11, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3757

Re: Avoid MD-88s [commercial aircraft]?

.......the policy, later adopted, that there must always be at least two crew members in the cockpit at all times could have prevented the lethal result. PJW Maybe you or someone else can help me with this: I fly occasionally so not much experience. Usually limited to regionals. It makes sense that...
by Herekittykitty
Thu Jul 11, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3757

Re: Avoid MD-88s [commercial aircraft]?

.......the policy, later adopted, that there must always be at least two crew members in the cockpit at all times could have prevented the lethal result. PJW Maybe you or someone else can help me with this: I fly occasionally so not much experience. Usually limited to regionals. It makes sense that...
by Herekittykitty
Sun Jun 30, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house for Mom - Pros, cons, pitfalls?.
Replies: 55
Views: 3807

Re: Buying a house for Mom - Pros, cons, pitfalls?.

I suggest you get a copy of the divorce decree and read and understand it. It will have information that could help you help your mother including understanding what the decree entitled her to and may lead you to track down things, such as whether she did qualify for part of his military pension and...
by Herekittykitty
Sat Jun 29, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house for Mom - Pros, cons, pitfalls?.
Replies: 55
Views: 3807

Re: Buying a house for Mom - Pros, cons, pitfalls?.

Don't forget to see if you can find out if your father's pensions have widow's benefits to which she will be entitled if he predeceases her and which he cannot change.
by Herekittykitty
Sat Jun 29, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house for Mom - Pros, cons, pitfalls?.
Replies: 55
Views: 3807

Re: Buying a house for Mom - Pros, cons, pitfalls?.

It is possible the military and other pension have widow's pension benefits. That would be worth knowing. It would also be worth knowing why she is in debt to the IRS and what her plans are to pay the debt off; if she has no clue how to manage that you could offer to advise her on it. If family memb...
by Herekittykitty
Sat Jun 29, 2019 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house for Mom - Pros, cons, pitfalls?.
Replies: 55
Views: 3807

Re: Buying a house for Mom - Pros, cons, pitfalls?.

In addition to the problems for both your MIL and you and your wife already discussed that buying your MIL a house would cause, I don't see any problems it would solve that could not be better solved without buying her a house or buying a house to rent to her. There are government programs including...
by Herekittykitty
Sat Jun 22, 2019 9:32 am
Forum: Personal Investments
Topic: Resident Physician
Replies: 33
Views: 5005

Re: Resident Physician

......Make it a priority to maximize your income (go into private practice), and minimize your debt (attack it like it's a cancer, which it is). A doctor is likely to make a good income whether in private practice or not. Private practice can involve taking on more debt. There is a lot to be said f...
by Herekittykitty
Mon Jun 17, 2019 6:41 pm
Forum: Personal Investments
Topic: Resident Physician
Replies: 33
Views: 5005

Re: Resident Physician

......Make it a priority to maximize your income (go into private practice), and minimize your debt (attack it like it's a cancer, which it is). A doctor is likely to make a good income whether in private practice or not. Private practice can involve taking on more debt. There is a lot to be said f...
by Herekittykitty
Sat Jun 15, 2019 11:14 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 46956

Re: What lifestyle creep made you happier?

Fly first or business class when available.

It reminds me of how flying was decades ago for everyone.
by Herekittykitty
Sun Jun 09, 2019 7:05 am
Forum: Personal Consumer Issues
Topic: Alternative to USPS
Replies: 22
Views: 1909

Re: Alternative to USPS

The same happened to me a few years ago when I mailed a tax return to a California office. I asked the post office, and they said that that office has a high volume of tax returns coming in, and apparently they simply don't acknowledge receipt in a timely manner if ever. Maybe they don't get scanned...
by Herekittykitty
Sun Jun 09, 2019 6:57 am
Forum: Personal Finance (Not Investing)
Topic: thinking about un-retiring
Replies: 45
Views: 8422

Re: thinking about un-retiring

so I finished my first engagement, personally, financially and intellectually rewarding. Would love to do it again, not sure when/if I'll find another pt engagement. I will say after 20 hours per week for five weeks, I'm ready for a vacation! It looks like a success. Thanks for the update! :D
by Herekittykitty
Sat Jun 08, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Gift for niece who is graduating as a Physician Assistant.
Replies: 33
Views: 3327

Re: Gift for niece who is graduating as a Physician Assistant.

Stethoscope preference can be personal. I would make sure of what she wants in a stethoscope if you buy her one. Even if you ask her what stethoscope she wants, she might suggest one less expensive than the one she really wants. So be careful about that. It is great that you are giving her The White...
by Herekittykitty
Fri Jun 07, 2019 6:38 pm
Forum: Personal Consumer Issues
Topic: Gift for niece who is graduating as a Physician Assistant.
Replies: 33
Views: 3327

Re: Gift for niece who is graduating as a Physician Assistant.

The White Coat Investor. If You Can I haven't worn scrubs in a long time, in fact there weren't really nice ones back when I wore scrubs, but I took a look at the Figs site recommended by readers above and it looks really good. You might want to be sure before giving her a gift card to Figs that she...
by Herekittykitty
Wed Jun 05, 2019 5:48 am
Forum: Personal Investments
Topic: TSP vs mutual fund vs ETF
Replies: 11
Views: 985

Re: TSP vs mutual fund vs ETF

FutureEye wrote:
Wed Jun 05, 2019 5:31 am
I am moving all funds out of TSP to convert to Roth over next 7 years.
IIRC if you move all funds out of the TSP so that you have no balance left, you will not get an opportunity to put funds in it again unless you re-enter federal employment with access to the TSP.
by Herekittykitty
Sun Jun 02, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: Dual coffee maker suggestion
Replies: 24
Views: 1676

Re: Dual coffee maker suggestion

rasta wrote:
Sun Jun 02, 2019 11:33 am
buy 2 single cup melitta pour over brewing cones.
In two colors, one designated for the husband and one for the wife.

:D
by Herekittykitty
Thu May 30, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 15818

Re: Can we afford to pay for our kid's college (at all)?

I've not seen it mentioned, but can your son defer his acceptance for a year? Most schools allow this, and it gives you an extra 12 months to get your finances in order. Your son could also get a McJob and mature a bit in the intervening 12 months, while still knowing he's going to college. What a ...
by Herekittykitty
Wed May 29, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 15818

Re: Can we afford to pay for our kid's college (at all)?

Chinchilla Whiplash: First let me compliment you on being open to learning including downright criticism and to giving information you (reasonably) assume could get you clobbered. Good for you. It looks to me from what you are saying that you and your wife value education and put a lot into your res...
by Herekittykitty
Mon May 27, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 138
Views: 11986

Re: House not selling

…...I live in a small town and this is a fairly expensive house for the area and sq foot ( 2700)……. That could be part of the issue. A few things to consider: What exactly do you mean by "area?" Town? Subdivision? Neighborhood? Street? Are you saying it is priced higher per square foot than houses ...
by Herekittykitty
Sat May 25, 2019 9:11 pm
Forum: US Chapters
Topic: MEMORIAL DAY
Replies: 26
Views: 3104

Re: MEMORIAL DAY

Thank you, Taylor. For your service and for the video.
by Herekittykitty
Sun May 19, 2019 8:49 pm
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 3092

Re: Crazy to Sell a Newer Car for an Older Car?

Herekittykitty wrote:
Sun May 19, 2019 8:48 pm
Thanks for the update. Great decision to keep the car. Congratulations on the raise and for having a plan for it.
by Herekittykitty
Sun May 19, 2019 8:48 pm
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 3092

Re: Crazy to Sell a Newer Car for an Older Car?

Thanks for the update. Great decision to keep the car. Congratulations on the bonus and for having a plan for it.
by Herekittykitty
Sun May 19, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 15583

Re: FIRE - What am I missing in the News Stories

......When did taking a job bagging groceries become a thing to aspire too? Many say they have retired from their software engineering position and now make coffee at Starbucks. That's not retired. That's just living on nothing. There are tons of people that do that....... ......What am I missing?....
by Herekittykitty
Sun May 19, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Debt: Student loan or cabin
Replies: 36
Views: 3046

Re: Debt: Student loan or cabin

Living on his income and using hers to pay the debt down seems like a good idea. On the other hand, why limit debt payment to her income. Send all her income to debt, and part of his income, budget well, live frugally, and get the debt gone. They need to budget well anyway, not just to get the debt ...
by Herekittykitty
Sat May 18, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: thinking about un-retiring
Replies: 45
Views: 8422

Re: thinking about un-retiring

An opportunity to learn a new area of technology (cloud computing) and put the skills into practice, a few days a week, and getting paid? As an entrepreneurial type you could well champ at the bit working for someone else helping them expand their business. But: in return you get to get experience i...
by Herekittykitty
Sat May 18, 2019 5:14 pm
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 3092

Re: Crazy to Sell a Newer Car for an Older Car?

I have a 2018 Toyota Camry that I owe about $3k on. The car can be sold for about $23k. I am considering selling it and using the 20k left to purchase a much cheaper car, and use the difference to invest in a taxable account. I’m thinking used vehicle around 10k, so about 10k to the taxable. Am I c...