Search found 90 matches

by thursdaysd
Thu Oct 22, 2020 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: LT care premiums are going way up; should I self-insure?
Replies: 31
Views: 3031

Re: LT care premiums are going way up; should I self-insure?

I am also single, and I have never carried LTC, even though my former employer offered it. Instead, I will be moving into a CCRC in a couple of years. The (non-profit) CCRC has independent living, assisted living, nursing home and memory care, and guarantees that it won't throw me out if I run out o...
by thursdaysd
Thu Sep 10, 2020 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Continuing Care Retirement Community Entrance Fee
Replies: 106
Views: 7645

Re: Continuing Care Retirement Community Entrance Fee

It's been a disaster in all ways for both residents and families of the residents.
For whom has it not been a disaster? As I posted, I am doubly at risk and live alone. I would be delighted if someone else was cooking and delivering my meals, etc. etc.
by thursdaysd
Thu Sep 10, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care Retirement Community Entrance Fee
Replies: 106
Views: 7645

Re: Continuing Care Retirement Community Entrance Fee

I am over 70 and immuno-compromised and live alone. I am being very careful and only "meeting" people by phone/internet. You think "socially isolated" only happens in CCRCs? I think I would be better off if I had already moved to one.
by thursdaysd
Mon Sep 07, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care Retirement Community Entrance Fee
Replies: 106
Views: 7645

Re: Continuing Care Retirement Community Entrance Fee

so my inclination would be to avoid it until necessary If you want admittance to a good CCRC, you can't wait to apply until you are ready to move. I am waitlisted for a local non-profit CCRC. The wait for a two bedroom unit is ten years, and four years for a one-bedroom. They are in the initial sta...
by thursdaysd
Sat Feb 22, 2020 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: International Travel Medical Insurance
Replies: 13
Views: 892

Re: International Travel Medical Insurance

Buy travel medical insurance. And evacuation/repatriation insurance. It's not expensive.
by thursdaysd
Sat Feb 22, 2020 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: International Travel Medical Insurance
Replies: 13
Views: 892

Re: International Travel Medical Insurance

There was recent thread about this: https://www.bogleheads.org/forum/viewtopic.php?p=5022604#p5022604 First, check your existing policy to see whether it covers you abroad. The employee and retiree coverage I had from the megacorp I worked for did. If not, you need medical coverage. You also need ev...
by thursdaysd
Sun Feb 02, 2020 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Evacuation Insurance
Replies: 41
Views: 2666

Re: Medical Evacuation Insurance

My comfort level is much higher than others as I grew up in 3 countries and have visited 30+ over the years. Never purchased any trip insurance. For people buying medical evacuation insurance, have you personally ever used it? Not asking about your friends or hearsay, but have *you* specifically ev...
by thursdaysd
Wed Jan 01, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay home renovation with cash?
Replies: 17
Views: 2073

Re: Would you pay home renovation with cash?

I paid cash for mine - 40K on a (now) 300K house. I had an interior designer who was not cheap but worth every cent as she picked the contractors and rode herd on the whole exercise. As said above, be prepared for major disruption. I moved out of the house part of the time, and since I replaced all ...
by thursdaysd
Wed Jan 01, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: For those who got out of tech industry (voluntarily or involuntarily)..
Replies: 109
Views: 8957

Re: For those who got out of tech industry (voluntarily or involuntarily)..

I was a techie at a megacorp for 30 years. I retired the day I hit 30 years, but I had a pension and retiree medical. I also did some part time contract work for a few years. Very glad I could quit when I did, the work was no longer fun and my memory was not as good as it had been.
by thursdaysd
Sun Dec 22, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone start saving late and still retire early?
Replies: 61
Views: 5892

Re: Anyone start saving late and still retire early?

I didn't really start saving until after my first divorce at 40. I retired at 53, the day I hit 30 years with the megacorp. However, I paid my mortgage off, my pension started the day I retired, I had retiree medical benefits, and I worked as a part time contractor for three years (initially at my o...
by thursdaysd
Tue Dec 10, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

BTW, in the event of a divorce in Colorado you are entitled to an "equitable distribution" of your husband's 401K. However, while you're married, you have no control over the account. Your husband could withdraw funds without your approval - or knowledge (prior to next tax filing). I would consider ...
by thursdaysd
Tue Dec 10, 2019 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

He and I had an agreement 2 years ago to payoff our cc debt, so that we could start plowing more money into our retirement accounts. So, that's what I did. But not what he did. Oh dear. I didn't know about the agreement two years ago. If he had implemented it you would be in a much better place, bu...
by thursdaysd
Mon Dec 09, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

We have debt, but most of it would be erased by the refi, I just want to highlight this, as your thinking is way off here. Hopefully this gets the point across that I tried to make in my recent long post much more succinctly. The refi does not erase debt. At all. It consolidates existing debt into ...
by thursdaysd
Mon Dec 09, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

House maintenance is not something, in general, that should be paid for out of an emergency fund or HELOC. Setting aside funds for future maintenance should be part of the budget. True, there are occasional emergencies - last year I had a water leak, and had to pay the deductible before my insuranc...
by thursdaysd
Mon Dec 09, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

House maintenance is not something, in general, that should be paid for out of an emergency fund or HELOC. Setting aside funds for future maintenance should be part of the budget. True, there are occasional emergencies - last year I had a water leak, and had to pay the deductible before my insurance...
by thursdaysd
Mon Dec 09, 2019 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

Having two signatures on the HELOC is no protection I once read the small print on my bank's paperwork. It basically said that the signature was ignored, and the bank was not responsible if it was wrong... I know that electronic signatures for credit cards aren't checked, because I never sign my na...
by thursdaysd
Sat Dec 07, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

When I suggested in my first post that you need to look at DH's business' books, because I didn't understand why the business was "complicated" it was an afterthought. But now I can't stop thinking about it. I was a one person business for a few years after I retired from the megacorp, and while the...
by thursdaysd
Thu Dec 05, 2019 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: 50 Next Year - Should I Join AARP?
Replies: 105
Views: 8699

Re: 50 Next Year - Should I Join AARP?

I've been a member for years. The only snail mail I get from them are the monthly magazines. I get no email and no phone calls. I also have an AARP/UH Medigap plan. Not sure I've ever used one of their discounts, but I've found some of their articles useful, and I generally support their lobbying ef...
by thursdaysd
Thu Dec 05, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 371
Views: 39371

Re: Follow Up: Husband's Surprise Debts

I rarely comment here, but I read both your threads with interest, and a lot of sympathy. The thing that really stood out for me may be an oversimplification, but it seems that your husband (and perhaps you too) is confusing gross income and net income. Just because he made $240,000 in, say, 2012, d...
by thursdaysd
Wed Aug 14, 2019 2:43 pm
Forum: Personal Consumer Issues
Topic: How do you afford to travel?
Replies: 116
Views: 16949

Re: How do you afford to travel?

We go cheap on food and hotel. We will splurge for a meal or two, but We are there for the sights, not the food or hotel. Ideally, we just sleep at the hotel, and we don't spend a long time eating, because we want to be out looking around. How does the cheap hotel work out? I find that cheap hotels...
by thursdaysd
Wed Aug 14, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Are you a "solo ager?"
Replies: 133
Views: 19878

Re: Are you a "solo ager?"

A solo ager with financial means should certainly consider a CCRC. Not only do they offer the opportunity to live in the circumstances that you need as you age, but there are medical personnel and social workers to make determinations when you should make transitions to higher levels of care. The s...
by thursdaysd
Sat Aug 10, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: How do you afford to travel?
Replies: 116
Views: 16949

Re: How do you afford to travel?

It is useless to listen to people's posts about using FF miles earned on someone else's dime if you don't have that.
No it isn't. It is advice to get yourself a credit card that offers miles or points. Affinity cards usually come with a hefty sign up bonus.
by thursdaysd
Sun Jul 28, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: RESOLVED: Smart Home = Dumb Idea due to potential security breaches and exploits?
Replies: 42
Views: 4474

Re: Smart Home = Dumb Idea due to potential security breaches and exploits?

I highly recommend reading Zuboff's "Age of Surveillance Capitalism": https://shoshanazuboff.com/ Or if you don't want to read it (it is dense) listen to some interviews with her. (e.g. https://www.talkingpoliticspodcast.com/blog/2019/144-the-nightmare-of-surveillance-capitalism?rq=zuboff ) I put a ...
by thursdaysd
Sun Jul 28, 2019 7:58 pm
Forum: Personal Consumer Issues
Topic: Accomodation options for NY visit
Replies: 25
Views: 2084

Re: Accomodation options for NY visit

Another vote for the Jane. Well located, minimal but clean and comfortable. Never had to wait for the shared bathrooms.

Another cheap option in more or less the same area is the Chelsea Inn, but I've never stayed at that one: https://chelseainn.com/
by thursdaysd
Wed May 16, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Insurance for visiting the US
Replies: 10
Views: 1791

Re: Medical Insurance for visiting the US

I have used Seven Corners traveling from the US, imagine they would be fine going the other way. I would also look at World Nomads. I agree that it makes more sense to buy travel insurance in the country of your residence, especially as you should include evacuation/repatriation coverage. Given the ...
by thursdaysd
Sat Jul 15, 2017 11:45 am
Forum: Non-US Investing
Topic: Transferring assets to UK...
Replies: 8
Views: 988

Re: Transferring assets to UK...

for UK citizens, US IRAs are taxable only to the UK, and only on withdrawals. I was reading from the perspective of a US citizen - I have dual UK-US citizenship. And I was considering accumulation, I was expecting to be taxed on withdrawals. I moved back to the UK and was able to keep my Vanguard U...
by thursdaysd
Sat Jul 15, 2017 10:59 am
Forum: Non-US Investing
Topic: Transferring assets to UK...
Replies: 8
Views: 988

Re: Transferring assets to UK...

Vanguard US usually won't open new accounts for non-residents -- the exception might be inherited IRAs I asked Vanguard this specific question as several of my beneficiaries are UK citizens and the answer was that they would open accounts for them. I also checked the Tax Treaty between the UK and t...
by thursdaysd
Wed Jul 12, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Collecting at 70
Replies: 17
Views: 2584

Re: Social Security: Collecting at 70

I just did this. Yes, you need to contact SS. I applied in mid-March to start the benefit in August, and just got the approval. However, I have a very small pension from a UK company, if you have no complications it should be faster.
by thursdaysd
Tue Jul 11, 2017 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Self insuring LTC
Replies: 15
Views: 2039

Re: Self insuring LTC

My wife and I found this article helpful in thinking through whether or not to buy LTCi http://skloff.com/insure-or-self-insure ... ty-081515/ Hope you also get some added insight from it. Any article on LTCi that includes (two!) very large "Click here" buttons labelled "Click Here for Your Long Te...
by thursdaysd
Tue Jul 11, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Beware of retroactive payments when claiming SS
Replies: 13
Views: 2100

Re: Beware of retroactive payments when claiming SS

I was surprised by the initial post - hadn't come across that possibility. I just switched from ex-spousal benefits to my own - I turn 70 at the end of this month. I applied in the middle of March, and discovered it was no longer possible to meet with an actual live person at my local SS office. How...
by thursdaysd
Wed Jul 05, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 7848

Re: Medicare Supplement Policies?

Folks on Medicare need to be careful when asking if a Dr. takes Medicare (most do). Rather than ask if they take Medicare, you have to ask if the take Medicare Assignment. Huge difference. My current PCP does not take Medicare assignment. However, since I have Medigap Plan F this is really irreleva...
by thursdaysd
Tue Jul 04, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 7848

Re: Medicare Supplement Policies?

I object to Medicare Advantage on philosophical grounds, as having grown up in England I am a big proponent of single payer. However, I have not found being on Medicare makes it difficult to find doctors in my area. I am currently looking for a new PCP and all the doctors I have considered take Medi...
by thursdaysd
Mon Jul 03, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buy health insurance for one week in Cancun?
Replies: 12
Views: 1893

Re: Buy health insurance for one week in Cancun?

Don't overlook the risk that a serious illness or injury might mean that you can't take a regular commercial flight back to the US and have to be medically evacuated. Buy a good travel insurance policy that covers trip cancellation, medical expenses, and medical evacuation. +1 Make sure that the po...
by thursdaysd
Mon Jul 03, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Unfounded Fear?
Replies: 16
Views: 2019

Re: Unfounded Fear?

What are your alternatives?

Note that if they are on H-2B visas those are tied to a particular employer. Not sure how easy it would be to get a green card with that visa, either.
by thursdaysd
Sun Jul 02, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 7848

Re: Medicare Supplement Policies?

I wound up choosing between BlueCross/BlueShield and AARP UnitedHealth. I went with the latter because I could not get a straight answer out of BCBS about what happened if I moved to a different state. I currently have Plan F but may see about moving once it is closed to new applicants.
by thursdaysd
Fri Jun 23, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about the death thing for taking SS
Replies: 17
Views: 2224

Re: Thinking about the death thing for taking SS

I look at SS as inflation protection, particularly important for me as my pension has no COLA. If you don't need the money I see no reason to take it early. But then I really don't care whether I come out "ahead" or not. Paying into SS was essentially buying insurance for me, as with all insurance i...
by thursdaysd
Fri Jun 23, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Health Coverage - COBRA & ACA
Replies: 16
Views: 1634

Re: Health Coverage - COBRA & ACA

If you are traveling abroad you, and anyone traveling with you, should have medical insurance and medical evacuation and repatriation insurance. I buy mine from Seven Corners, but you can compare polices at insuremytrip.com or squaremouth.com. Some employer plans provide coverage abroad, but not usu...
by thursdaysd
Tue Jun 06, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?
Replies: 22
Views: 2213

Re: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?

Of course you do know that you can navigate using your phone without using data.
Yes, I do, but since the data is free and I am often using the phone for tracking buses I have never bothered. For some reason, while it is good with buses, metro and regular trains, it knows nothing about ferries!
by thursdaysd
Tue Jun 06, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?
Replies: 22
Views: 2213

Re: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?

However I don't keep my phone on while travelling outside the US so the Cap One card with texting each charge would be useless. I "assumed" that you only got one call or text at the beginning of the trip! I have a month-by-month T-Mobile plan for my phone, that offers free texts and free low speed ...
by thursdaysd
Tue Jun 06, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?
Replies: 22
Views: 2213

Re: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?

Well, that's very annoying of them. Of course, it was already annoying that you could only specify 60 days at a time. However, I also have a PenFed card with no fees and a PIN for the chip, and a credit union card with 1% foreign conversion fee. I take all of them...
by thursdaysd
Mon Jun 05, 2017 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Collecting Canada Pension, will Social Security benefits be reduced?
Replies: 3
Views: 842

Re: Collecting Canada Pension, will Social Security benefits be reduced?

See: https://www.ssa.gov/pubs/EN-05-10045.pdf

When you apply for benefits you will be asked about payments from other countries. At least I was - maybe it was the English accent...
by thursdaysd
Mon Jun 05, 2017 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?
Replies: 22
Views: 2213

Re: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?

I agree that you are likely to get a bad exchange rate, or pay a high fee, or both, if you change USD for euros in the US. (You can check the exchange rate at xe.com). If it really makes you feel better to arrive with euros, you could exchange 100 USD, but there will be ATMs in Dublin airport. I hav...
by thursdaysd
Sun May 21, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Insurance for visiting the US
Replies: 10
Views: 1791

Re: Medical Insurance for visiting the US

You might look into this:

https://www.roughguides.com/travel-insurance/

I haven't used them because they would be secondary, but should be reputable.
by thursdaysd
Sun May 14, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 260
Views: 65934

Re: Regret early retirement/downsizing

No regrets! I retired in 2000 at age 53, although I did part time contract work off and on for the next three years. I think it helps to transition rather than going cold turkey. I was a very techie techie with a megacorp, and while the first 25 years had been great the last five the job became less...
by thursdaysd
Fri May 12, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Experiences/vacations - how much do people do
Replies: 24
Views: 2962

Re: Experiences/vacations - how much do people do

I have never been much interested in "stuff", but I have been doing a lot of travel. I heard too many stories of people who were going to travel when they retired, and then didn't make it. I took early retirement specifically so I could travel before I got too decrepit. That was in 2000. I have now ...
by thursdaysd
Mon May 01, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: When spousal benefits stop
Replies: 15
Views: 5120

Re: When spousal benefits stop

I truly had no luck calling the Social Security office. When I called to start my spousal benefits, they said that it didn't exist. Did you call your local office? I called the 1-800 number, and had no difficulties. The first time I called I was told that as a divorced spouse I had to wait until FR...
by thursdaysd
Mon May 01, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: When spousal benefits stop
Replies: 15
Views: 5120

Re: When spousal benefits stop

Did you call from home? Well, yes, I'm retired, where else? However, I called on my cell phone, so I could have been anywhere. Do you know if it can be done on their website since I applied for spousal support right on their website? I would expect so, but I didn't look at the website. I thought ta...
by thursdaysd
Sun Apr 30, 2017 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: When spousal benefits stop
Replies: 15
Views: 5120

Re: When spousal benefits stop

I have been receiving spousal benefits, and did not receive such a letter. However, I turn 70 this July and have just applied for benefits on my own record. I called to make an appointment at my local office, which is what I did when i applied for spousal benefits. I was told I could have a phone in...
by thursdaysd
Mon Mar 16, 2015 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Computer Glitch
Replies: 7
Views: 1915

Re: H&R Block Computer Glitch

I just ran into the same problem (hadn't seen this thread). I sold stock last year for which Vanguard knew neither the basis nor the acquisition dates. I imported the data to HRB and when prompted entered VAR-L as instructed for various dates, long term. The tax due came to more than I expected, but...
by thursdaysd
Sun Mar 08, 2015 12:19 am
Forum: Investing - Theory, News & General
Topic: Retirees: How much do you rely on investment income?
Replies: 31
Views: 5961

Re: Retires: How much do you rely on investment income?

Varies. A couple of years back I renovated my house, and it was 4% that year. It was running about 1% until I started SS. I have a pension, but no COLA. The investments are to make up for the lack of COLA.