Search found 268 matches

by Cernel
Tue May 30, 2017 5:39 am
Forum: Local Chapters and Bogleheads Community
Topic: Memorial Day
Replies: 28
Views: 3244

Re: Memorial Day

Your comments about being treated as a hero are typical of the WW2 vets I have known over the years, particularly at my American Legion Post. They (you) are the most humble men and women I have ever known in spite of their (your) heroic accomplishments saving the world from incredible threats. +1 I...
by Cernel
Fri May 12, 2017 5:09 am
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 22413

Re: Buying a luxury car (how dumb would it be to do this?)

I will admit upfront that I did not read this entire thread since it is now 4+ pages long, so I don't know if this perspective has already been stated. I found myself in a similar situation as you last summer. Although I am about 20 years older than you, my wife and I have purchased mid-sized cars a...
by Cernel
Mon May 08, 2017 5:12 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 4821

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

Happy Birthday, Mr Bogle. May your day filled with many Blessings.

Thank you for everything. You have been one of the most influential persons in my life. I would not be where I am without the knowledge gained from your unselfish sharing of wisdom and experience. Thank you.
by Cernel
Wed Jan 11, 2017 6:28 am
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 22228

Re: Sad News About a Respected Forum Member

May God bless and bring you peace.
Thank you for all that you have done to help so many people.
We will miss you, but you will not be forgotten.
by Cernel
Tue Sep 06, 2016 4:31 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Enrollment Strategy?
Replies: 10
Views: 1664

Re: Medicare Enrollment Strategy?

Cernal The NY Essential Health Plan is an individual plan and was designed by NY under the ACA as a "basic health plan". Here is a PP fact sheet on the plan which is more geared to industry training but it does give the eligibility age as " Ages 19-64 at the beginning of the plan yea...
by Cernel
Sat Sep 03, 2016 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Enrollment Strategy?
Replies: 10
Views: 1664

Re: Medicare Enrollment Strategy?

Do you get periodic (yearly) letters from your employer that you and spouse have "creditable" employer health insurance coverage and don't need to sign up for Medicare B&D? Wife and I got them from my Megacorp so we had no trouble delaying B&D until I retired at age 69 (i.e., ther...
by Cernel
Sat Sep 03, 2016 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Enrollment Strategy?
Replies: 10
Views: 1664

Re: Medicare Enrollment Strategy?

My State coverage required that I enroll in Medicare at 65 or it would terminate my State insurance at 65 with no reinstatement allowed. I suggest you confirm that your State plan will continue to cover you until you enroll in Medicare. Will your State plan continue as supplemental insurance after ...
by Cernel
Sat Sep 03, 2016 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Enrollment Strategy?
Replies: 10
Views: 1664

Medicare Enrollment Strategy?

I believe I understand the Medicare Initial Enrollment Period as being a 7 month window (3 months before your 65th birthday, the month of your 65th birthday and 3 months after your 65th birthday). Enrolling during this 7 month window will avoid the lifetime penalty on Part B/D premiums. My wife and ...
by Cernel
Fri Jun 03, 2016 5:14 am
Forum: Investing - Help with Personal Investments
Topic: Getting Started: USAA vs Vanguard?
Replies: 17
Views: 2333

Re: Getting Started: USAA vs Vanguard?

I don't exactly know if it matters or not. But consider using USAA for your banking and insurance needs and Vanguard for your investing needs. That is what I do and am happy with that. +2 This works for me, as well. I find USAA very good for my Insurance needs and Vanguard very good for my Investme...
by Cernel
Sat Apr 23, 2016 5:23 am
Forum: Personal Finance (Not Investing)
Topic: Need feedback on our strategy for maximizing Social Security
Replies: 15
Views: 1691

Re: Maximize Mine

I pray I am right. I believe you have it correct and is consistent with what dodecahedron has outlined. I am in a similar situation as you and have struggled myself to figure this all out, so don't feel bad about being confused. I think there are many of us that are confused and with the recent cha...
by Cernel
Sat Mar 26, 2016 5:35 am
Forum: Investing - Help with Personal Investments
Topic: 2 Buckets or 3 Buckets in Retirement??
Replies: 72
Views: 10033

Re: 2 Buckets or 3 Buckets in Retirement??

I think that the bucket approach is just another way of talking about asset allocation- stocks,bonds and cash. I'm in the same "bucket" as Dick D in that I don't use Buckets, but my AA of 50/45/5 (Stocks/Bonds/Cash) provides me enough Cash (mostly in CDs and Ally's On-Line Savings) to cov...
by Cernel
Tue Jan 26, 2016 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth vs. Taxable Brokerage
Replies: 4
Views: 892

Re: Backdoor Roth vs. Taxable Brokerage

As you have just realized, the $5500 contribution limit for you and your wife is for either a Traditional IRA or a Roth IRA or a combination of both, meaning you are both limited to contributing to just $5500 per year. FYI - The Income limits for both types of IRAs are as follows: Tradition IRAs (Th...
by Cernel
Tue Jan 26, 2016 6:17 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 6842

Re: Happy Birthday Taylor!

A very Happy Birthday to you Mr Larimore!!! A person's value is not measured in the amount of money or material things they acquire during one's lifetime, but is more a measure of what they have done for others during that lifetime. Not only were you willing to risk your life for the freedoms we enj...
by Cernel
Sat Jan 02, 2016 6:22 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST
Replies: 667
Views: 38280

Re: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST

2142.90

Well, I had my best year yet in this wonderful contest. I ended up 116th. Usually I am in the 300's.

Given my guess for 2015 was an improvement, on my behalf, I am staying with it for 2016.
by Cernel
Wed Dec 02, 2015 4:34 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard email
Replies: 7
Views: 1145

Re: Vanguard email

Received the same email.

Certainly disappointed in Vanguard's decision.
by Cernel
Sat Oct 31, 2015 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 58030

Re: Changes to Social Security

Yes, the lower-PIA spouse would be able to file for a spousal benefit at that time (assuming that their PIA is < 50% of the higher-earning spouse's PIA). If you'd like to give approximate PIAs, I or somebody else could help with the calculations of monthly benefit amounts. Mike, Thanks for the offe...
by Cernel
Sat Oct 31, 2015 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 58030

Re: Changes to Social Security

Mike, As many have already posted, thanks for all the time and effort you are putting in to helping us understand this new law. I have your current book and learned so much from it, and you were so kind to answer a few of my questions when I was trying to pull a strategy together for our SS benefits...
by Cernel
Sat Oct 10, 2015 5:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard Webinars
Replies: 8
Views: 1434

Re: Vanguard Webinars

I have viewed them over the past few years and I applaud Vanguard for providing this service/opportunity to learn more about financial matters. Personally, I feel they are more valuable for those individuals who are in the earlier stages of learning about finances. For me, after learning a lot on th...
by Cernel
Sun Jul 26, 2015 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep/park your emergency fund?
Replies: 54
Views: 8356

Re: Where do you keep/park your emergency fund?

I'm retired and have moved from a strategy of having an "Emergency Fund" to one of having what I call a "3-year Cash Bucket" Year 1 - Current year's expenses in Ally On-Line Savings Year 2 - Next year's expenses in Vanguard Target Retirement Income Fund Year 3 - CDs to cover 3rd ...
by Cernel
Tue Jun 30, 2015 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 43
Views: 5494

Re: Drawing from Retirement Savings to Delay SS

I've looked at both of these scenarios, along with 6 others, and the reason why my stated strategy works out better than me "Filing and Suspending" at age 66 is that my wife's SS Benefit is close to 50% of mine, actually 45%. If I "File & Suspended, I could not file a "Restr...
by Cernel
Tue Jun 30, 2015 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 43
Views: 5494

Re: Drawing from Retirement Savings to Delay SS

My wife who is a few months older than myself and has a FRA benefit of < 50% of mine will start to draw her SS Benefit at FRA (66). When I turn 66 a few months later, I will file a Restricted Application for 50% of her benefit while allowing my benefit to grow. Then when I turn 70, I will file for ...
by Cernel
Tue Jun 30, 2015 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 43
Views: 5494

Re: Drawing from Retirement Savings to Delay SS

I didn't get any bites on a comment in another thread so thought it would be beneficial to start a new one on this subject. I would like to see responses from members who are planning to, or are currently delaying SS by spending down a portion of their savings to enable a delay for SS filing. Comme...
by Cernel
Fri Jun 26, 2015 5:55 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Distribution Question
Replies: 9
Views: 1568

Re: Dividend Distribution Question

I agree with red5 in regard to keeping one's tax situation a little more simplified by taking the dividend distribution versus creating another tax lot by reinvesting. I am also retired and I take my dividend distributions and send it to my On-Line Savings account to be used for my Monthly income ne...
by Cernel
Tue Jun 23, 2015 5:05 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday to Mel [Lindauer]
Replies: 36
Views: 4349

Re: Happy Birthday to Mel [Lindauer]

HAPPY BIRTHDAY to truly a great man!!!

Thank you for all that you have done to help us "ordinary investors get a fair shake."
by Cernel
Thu Jun 11, 2015 6:06 am
Forum: Investing - Help with Personal Investments
Topic: Investing for my 19 yr old son
Replies: 23
Views: 3150

Re: Investing for my 19 yr old son

I started helping my kids understand the importance of saving money now for their future in a manner similar to what you are doing with your 19 year old son. I helped them open their own Roth IRA with the agreement that I would match dollar for dollar their investment. We started with a TR Fund at V...
by Cernel
Mon Jun 01, 2015 5:25 am
Forum: Personal Consumer Issues
Topic: Which grocery stores do you shop at and why?
Replies: 93
Views: 9301

Re: Which grocery stores do you shop at and why?

Wegmans. Because it's the best grocery store in America. I LOVE Wegman's though, and there's one close to work. If I plan ahead on my grocery shopping for after work on a weekday, I'll go there. They are hands down the best shopping experience of any place I've been to. +1 Grocery shopping is not o...
by Cernel
Wed May 13, 2015 5:37 am
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 9475

Re: Anybody 50/50?

I remember watching the news when I was 18/19 before I had investments. It was nothing but horrible news and they made it sound like the world as we knew it was ending. It must have been rough to hold through that You're right, the financial news during this time was "doom and gloom." IMO...
by Cernel
Mon May 11, 2015 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Which Company Do You Have Auto Insurance With?
Replies: 105
Views: 10283

Re: Which Company Do You Have Auto Insurance With?

USAA, along with Home Owners Insurance and Umbrella Policy.
by Cernel
Mon Apr 13, 2015 5:35 am
Forum: Personal Consumer Issues
Topic: Password manager recommendations?
Replies: 86
Views: 11723

Re: Password manager recommendations?

gkaplan wrote:I use the free version of LastPass. It has some quirks at times, but I usually can figure them out.


+1
With the exception that sometimes, I can't figure out those "quirks" so I just call my son and he helps me out.
by Cernel
Mon Apr 13, 2015 5:25 am
Forum: Local Chapters and Bogleheads Community
Topic: Favorite Boglehead Avatar?
Replies: 89
Views: 9783

Re: Favorite Boglehead Avatar?

The529guy wrote:
Oicuryy wrote:This Google search might help you find a favorite.

https://www.google.com/search?q=site:bo ... r&tbm=isch

Ron

That's awesome - thanks, Ron!


+1 Agree, that is cool, but unless I'm going blind (and that maybe a real possibility), I didn't see mine, so maybe it is not a complete list, but certainly a fun one to scroll through.
by Cernel
Mon Apr 13, 2015 5:15 am
Forum: Investing - Theory, News & General
Topic: Poll: do you own individual international stocks?
Replies: 25
Views: 2423

Re: Poll: do you own individual international stocks?

No Individual stocks. Don't have the time to do the research that would make me comfortable buying individual stocks.
by Cernel
Wed Apr 08, 2015 5:14 am
Forum: Investing - Theory, News & General
Topic: "Are Index-Fund Investors Smarter?"
Replies: 29
Views: 5234

Re: "Are Index-Fund Investors Smarter?"

I'm the first to admit there are many people smarter than me, including many on this board, but I'm smart enough to follow an intelligent plan and be willing to always learn something new. Thank you Bogleheads! +1 Couldn't have said it better myself. The only thing I would add is that in addition t...
by Cernel
Sun Mar 15, 2015 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Capable to do taxes myself?
Replies: 9
Views: 1284

Re: Capable to do taxes myself?

I agree with the other replies that note, if your situation hasn't changed over the past couple of years, pull those returns, use them as a guide, and get one of the tax software products and try it yourself. You will save a lot of money. One area of the tax code that is new to all of us this year w...
by Cernel
Tue Mar 10, 2015 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Poll: Are you happy after retirement?
Replies: 24
Views: 2904

Re: Poll: Are you happy after retirement?

I went with the happy before and after, but my real answer is that I was happy before retirement and I am now happier in retirement. :sharebeer
by Cernel
Tue Mar 10, 2015 5:49 am
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 456
Views: 55450

Re: Will you buy an Apple Watch?

Nope. Don't own any Apple Products. My kids do, but not I.
by Cernel
Tue Mar 10, 2015 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Benefits of Flagship
Replies: 38
Views: 6329

Re: Benefits of Flagship

My experience with the SPECIFIC person being assigned has not been as positive as others have noted. I've had 4 different individuals since I became a Flagship customer and with only 1 of those individuals did I feel like the Rep knew me and my overall investment philosophy (or maybe a better way of...
by Cernel
Fri Mar 06, 2015 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Which 529 plan are you using?
Replies: 61
Views: 7922

Re: Which 529 plan are you using?

Living in NY, I use the NYS-529 plan since I get an annual up to $5K ($10K for MFJ) reduction on NYState taxable income. Plus the plan is managed by Vanguard.
by Cernel
Fri Mar 06, 2015 6:34 am
Forum: Personal Consumer Issues
Topic: 2015 Honda CR-V vibration problems
Replies: 40
Views: 12077

Re: 2015 Honda CR-V vibration problems

Thanks for the thread. I'm currently looking at purchasing a small SUV and the CR-V is one of a number of options that I am evaluating. Given this information, I have just dropped the CR-V from my list. If there are other options, why should I take the risk and hope that I get a "vibration free...
by Cernel
Fri Mar 06, 2015 6:26 am
Forum: Personal Finance (Not Investing)
Topic: When will / did you claim Social Security benefits?
Replies: 152
Views: 17518

Re: When will / did you claim Social Security benefits?

Didn't vote yet since I'm not sure if our situation falls in the "Other" or "at 70" category. Maybe the OP can help clarify. Our strategy: (Wife is 8 months older than husband and her SS benefit is less than 50% of husband's) Wife starts her SS benefit at FRA which is 66. 8 month...
by Cernel
Tue Feb 17, 2015 6:21 am
Forum: Personal Finance (Not Investing)
Topic: New York State of Health - Insurance
Replies: 6
Views: 871

Re: New York State of Health - Insurance

I, too, am on the NYState Health Exchange and I found when trying to complete an application on-line back in the Fall of 2013 (for 2014 coverage) that their website was not at all "user friendly." I am in a similar situation in that, I am retired and living mostly off my investments. My wi...
by Cernel
Wed Dec 31, 2014 5:45 am
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently when retiring?
Replies: 116
Views: 15803

Re: What would you have done differently when retiring?

Nothing much different other than having a better plan for staying active. I did have plans in place, but they weren't enough. So I went out and found wonderful volunteer activities that now keep me busier than when I worked and I am loving it.
by Cernel
Wed Dec 31, 2014 5:42 am
Forum: Personal Consumer Issues
Topic: What did you enjoy spending money on this year?
Replies: 92
Views: 8966

Re: What did you enjoy spending money on this year?

Weddings!!!
All 3 of our children decided to get married within a 7 month period, 2 of them within 6 weeks, all around Christmas.
It was fun, but there goes the budget, because all 3 of them announced their plans during a 6-week period during this past summer, so really no time to plan financially.
by Cernel
Thu Dec 25, 2014 6:16 am
Forum: Local Chapters and Bogleheads Community
Topic: Thanks for all you do Bogleheads!!
Replies: 14
Views: 1825

Re: Thanks for all you do Bogleheads!!

Thank You! Thank You! Thank You! I, too, have benefited greatly from the wisdom, knowledge and experience that has been shared on this site. In my mind, those that formed the site way back when and those that continue to spend untold hours moderating, maintaining and providing insight are true heroe...
by Cernel
Sat Dec 20, 2014 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Downloading TurboTax - tips for an easy process
Replies: 20
Views: 5429

Re: Downloading TurboTax - tips for an easy process

Thank you for this post. I had already spent an hour+ trying to download this years TT and wasn't able to, only getting more frustrated by the minute. I finally decided to do a search on this site and low and behold, I came across your thread. Thanks for your efforts to post. It is clear and it work...
by Cernel
Wed Dec 10, 2014 6:15 am
Forum: Investing - Theory, News & General
Topic: Taylor--thank you!!
Replies: 9
Views: 1509

Re: Taylor--thank you!!

I don't often Post/Reply because there are so many more intelligent and experienced individuals who provide such great insight, information and advice. But I couldn't pass up this opportunity to thank Taylor, not only for his service to our county, but his continuing service to help all of us here w...
by Cernel
Wed Oct 08, 2014 4:57 am
Forum: Personal Consumer Issues
Topic: Snow Blower
Replies: 49
Views: 6331

Re: Snow Blower

IMO Ariens is the way to go. Background: I live in upstate NY and we average over 100" of snow per year. I have a 2 car wide, 60' long driveway that is relatively flat. For the past few years, I've been also doing my neighbor's driveway. For the past 31 years I have used the same Ariens 8HP sno...
by Cernel
Fri Jul 04, 2014 5:30 am
Forum: Investing - Help with Personal Investments
Topic: which vanguard bond fund for 30-something?
Replies: 11
Views: 2055

Re: which vanguard bond fund for 30-something?

Personally, I like Vanguard's Intermediate Term Index Bond Fund. I am able to put my entire Bond allocation in my retirement accounts, but if I had to put a portion of my Bond allocation in a non-retirement account I would go with the Tax Exempt version of the Intermediate Term Index fund.