Search found 1194 matches

by HIinvestor
Tue Mar 07, 2017 3:08 am
Forum: Personal Finance (Not Investing)
Topic: Selecting health insurance during pregnancy
Replies: 21
Views: 1523

Re: Selecting health insurance during pregnancy

I'm just curious about whether all these gyrations are necessary and whether it might be better to just gave one family plan for all of you including the baby until the next open season. Having a baby is a qualifying event, but I'm pretty sure it's only qualifying for the baby. Please be aware babie...
by HIinvestor
Mon Mar 06, 2017 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Explain how health insurance deductible works
Replies: 19
Views: 935

Re: Explain how health insurance deductible works

OP, your HR person should be able to give you a full copy of your policy, so you can read it to find out which things are exempt from having to meet the deductible. Under the ACA, things such as well child checks ups, shots, and other important preventative care are covered under insurance and you h...
by HIinvestor
Mon Mar 06, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 20735

Re: How Much in Your Emergency Fund And Is It Used?

Personally, I wouldn't consider stocks or similar good investments for an emergency fund because I would be unwilling to liquidate during a bear market, which could last for a considerable time period. I also only put things on our charge card that we will pay off in full before the balance is due b...
by HIinvestor
Mon Mar 06, 2017 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 51
Views: 12619

Re: Schwab brokerage incentive $2,500 - - - thoughts?

Currently, I've read that it's a $500 cash bonus for a $100K of new money to Schwab. I'm checking to see what retention bonus they will give for us keeping our current accounts with them. Fidelity was willing to work with us but so far and offered us $700 for keeping our funds and up to $2500 if we ...
by HIinvestor
Mon Mar 06, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 20735

Re: How Much in Your Emergency Fund And Is It Used?

We have two 5-figure CDs that we could cash if needed with very little (if any) penalty. Additionally, we have a few 5 figure accounts at local banks and a few at other institutions that are all earning very little interest. We also have some US Savings Bonds that could be quickly liquidated, as wel...
by HIinvestor
Mon Mar 06, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Is Early Retirement A Realistic Goal???
Replies: 13
Views: 1710

Re: Is Early Retirement A Realistic Goal???

If you're able to switch from working at your business to working somewhere else full or part time to prevent having to draw down on your savings/investments, they would last a LOT longer. 41/43 is very young and how will you get medical insurance coverage? That can cost quite a bundle between your ...
by HIinvestor
Mon Mar 06, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Health Insurance
Replies: 16
Views: 2198

Re: Buying Health Insurance

Just a data point in case anyone on this thread is flirting with the idea of going without insurance "for awhile." This year, our insurer sent us a printout of the total in medical bills that we received for services rendered for H, me and D. The total was over $100,000 and that was for re...
by HIinvestor
Mon Mar 06, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Wedding cash gift
Replies: 68
Views: 4941

Re: Wedding cash gift

Congratulations! I guess one of the big questions is what does the bride want? It's important that you are BOTH happy with however you decide to celebrate this milestone. I have performed weddings at the beach, where the couple and a few loved ones are with them and they go off and have a nice meal ...
by HIinvestor
Mon Mar 06, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 9295

Re: How much do you spend on food in a year?

Our food budget has varied wildly, depending on our finances. When we were struggling and relatively poor, we spent most of our money on our mortgage and kids. We ate at home 90% of the time or more and had a meager food budget, since I cooked most meals and H packed lunch every day (peanut butter s...
by HIinvestor
Mon Mar 06, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Health Insurance
Replies: 16
Views: 2198

Re: Buying Health Insurance

Some alumni associations from different Us used to offer medical insurance to the alums--you might check with the schools you and your spouse graduated from. Some professional orgs also offer medical insurance to folks belonging to their org--you can check with any you belong to. If you are a studen...
by HIinvestor
Mon Mar 06, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - What are we not considering?
Replies: 14
Views: 3596

Re: Early Retirement - What are we not considering?

It's great that you will have medical covered until Medicare. That's a huge issue in early retirement for many folks. Do both your pensions start immediately? I agree that it will be important for you to figure out what you want to do with the rest of your lives. Many people your age will be working...
by HIinvestor
Mon Mar 06, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Promotions to switch assets to new platform/company
Replies: 3
Views: 415

Re: Promotions to switch assets to new platform/company

I'm having a conversation with both Schwab and Fidelity on retention vs moving bonuses--how much they will give me to keep my money there vs move it elsewhere vs keep it there and add some more money.
by HIinvestor
Mon Mar 06, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: car title and insurance for young adult
Replies: 3
Views: 430

Re: car title and insurance for young adult

We live in HI & D lives in CA. We have coverage from a small local insurance firm. We couldn't find insurance that would cover us and her in CA, so we bought her a separate policy in CA and titled the car to her, where she and the car reside. We did increase our umbrella policy anyway, since the...
by HIinvestor
Mon Mar 06, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: How often do you discuss finances and spending with your spouse?
Replies: 60
Views: 4126

Re: How often do you discuss finances and spending with your spouse?

Once both people in a marriage are "on the same page," budget and finance discussions don't really come up all that often, in my experience. They mainly come up when you are gifting someone (how much should we give), when you're planning trips (can we afford this & how much should we s...
by HIinvestor
Mon Mar 06, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Rental Car Insurance (No Collision Insurance)
Replies: 7
Views: 1061

Re: Rental Car Insurance (No Collision Insurance)

I've never bought insurance from a car rental agency--always figured between credit card and personal auto policies we had things covered. I can't ever recall being asked to buy Loss of Use coverage at a car rental counter. How much do they charge for it anyway? CDW charges are often higher than the...
by HIinvestor
Mon Mar 06, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: gifting money to adult children
Replies: 6
Views: 1225

Re: gifting money to adult children

We like gifting our kids so they can put money into retirement/tax-advantaged accounts. They appreciate it as well. ;) Haven't gifted appreciated assets yet, but with D in the zero tax bracket, that's definitely on the horizon.
by HIinvestor
Mon Mar 06, 2017 4:26 am
Forum: Personal Consumer Issues
Topic: How often do you discuss finances and spending with your spouse?
Replies: 60
Views: 4126

Re: How often do you discuss finances and spending with your spouse?

Seems like it bothers you that the 6 figure inheritance has been blown and that you and your spouse are having a hard time talking about money together. What other couples do and don't do really isn't the issue, nor is whether any or all of us will have enough to be comfortable in retirement. This s...
by HIinvestor
Sun Mar 05, 2017 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - What are we not considering?
Replies: 14
Views: 3596

Re: Early Retirement - What are we not considering?

Congrats! Have you figured out how and where you will be getting medical insurance between retirement and when you qualify for Medicare? Premiums may be significantly higher than you are used to, especially depending on what happens with Congress and ACA. Have you priced policies available in your a...
by HIinvestor
Sun Mar 05, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer
Replies: 12
Views: 1783

Re: Job Offer

It's always good to do your homework and find out WHY there's turnover in the firm you're considering switching to.
by HIinvestor
Sun Mar 05, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should federal employee communicate 18 months to retirement?
Replies: 44
Views: 3771

Re: Should federal employee communicate 18 months to retirement?

I agree with those that say it is useful to work with HR and get a reliable benefits printout. This saved us a lot of money and grief when OPM calculated H's final CSRS pension amount incorrectly. Luckily we could send them a copy of the official HIGHER correct estimate so they could adjust and reim...
by HIinvestor
Sun Mar 05, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Recs for blood pressure monitor for home use please
Replies: 16
Views: 1903

Re: Recs for blood pressure monitor for home use please

If you buy it from Costco, you can return it when the readings start being inaccurate. I've bought and returned many of them at Costco when we took blood pressure readings at community health fairs.
by HIinvestor
Sun Mar 05, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: How to estimate cost of medicare supplement policies in retirement
Replies: 1
Views: 211

Re: How to estimate cost of medicare supplement policies in retirement

You might want to check current prices and guess that they would rise with inflation, or perhaps at a slightly faster rate. I believe Medicare D for prescription drugs and regular Medicare B are the two you are penalized for not getting when you first separate from work or reach 65, whichever is lat...
by HIinvestor
Sun Mar 05, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: gifting money to adult children
Replies: 6
Views: 1225

Re: gifting money to adult children

Anyone can gift $14k/year to any other adult with no federal gift tax consequences to giver or recipient. That's a nice gesture, especially if there are NO strings attached!
by HIinvestor
Sun Mar 05, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: Costco is raising its membership fees
Replies: 4
Views: 1125

Re: Costco is raising its membership fees

I bought us and the kids gift Costco memberships lSt Christmas. We are set but thanks for the heads up.
by HIinvestor
Sun Mar 05, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: 9 Year Age Gap 401k ?
Replies: 9
Views: 1116

Re: 9 Year Age Gap 401k ?

There's more than a decade of age difference between H and me. We had no problems deciding what we both wanted in terms of saving vs spending now. We maxed out all tax advantaged accounts and spent some and saved some. We were very concerned that we gave enough in case we live a very, very long time...
by HIinvestor
Sun Mar 05, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Searched forum, unsuccessful, how to find doctors who take Medicare
Replies: 62
Views: 3933

Re: Searched forum, unsuccessful, how to find doctors who take Medicsre

We are starting to have this issue as H is now on Medicare after being on BCBS all these years. I'm still not eligible for Medicare for a few more years, so want to find some good docs before I age into it. My existing primary care doc is in his 60s. One of my younger docs is 49. I need to find a go...
by HIinvestor
Sun Mar 05, 2017 6:22 pm
Forum: Personal Consumer Issues
Topic: How often do you discuss finances and spending with your spouse?
Replies: 60
Views: 4126

Re: How often do you discuss finances and spending with your spouse?

H and I have talked from time to time and even gone to a few financial planners--one was fee based (as a benefit of a temp agency I had paychecks thru) and two were initial visits with Schwab and Vanguard. We talked about assets, debt, projected retirement, income stream and expenses. We also talk w...
by HIinvestor
Sun Mar 05, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: Where do you order checks from?
Replies: 57
Views: 4374

Re: Where do you order checks from?

I have free checks from my various local banks and credit unions as well as USAA and Schwab. I believe PenFed would also give me free checks if I requested them. I've never tried printing my own checks. I don't have magnetic ink and believe that such ink would not work for the printers we own, so I ...
by HIinvestor
Sun Mar 05, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: Rental Car Insurance (No Collision Insurance)
Replies: 7
Views: 1061

Re: Rental Car Insurance (No Collision Insurance)

We rent cars using our Chase Sapphire Preferred CCard, which covers Collision Damage and Loss of Use as Primary. See page 2 of the PDF. We never buy the expensive CDW from the car rental companies. This benefit gives us peace of mind and is worth the $95 annual fee, imho.

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by HIinvestor
Sun Mar 05, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: For Travel package...Expedia, Orbitz, or Travelocity?
Replies: 14
Views: 1842

Re: For Travel package...Expedia, Orbitz, or Travelocity?

I have rarely ever used packages. I generally book my flights, car and hotel separately because it seems to work out cheaper and we often switch hotels during most trips. The packages I've done have been with friends and local travel agencies rather than national chains. If changes need to be made, ...
by HIinvestor
Sun Mar 05, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Combining retirement savings accts into 1: good? bad?
Replies: 10
Views: 1597

Re: Combining retirement savings accts into 1: good? bad?o

I ended up examining my assorted IRAs and my 401k accounts for awhile before figuring out how to simplify. For me, there was a tax advantage in rolling my small traditional IRA into my 401k account, even tho it meant slightly higher admin fees. It means that I'm able to make contributions to have a ...
by HIinvestor
Sun Mar 05, 2017 4:07 am
Forum: Personal Finance (Not Investing)
Topic: The Joys Of Tax Season! :(
Replies: 55
Views: 4904

Re: The Joys Of Tax Season! :(

We used the Coverdell and put it in our taxes years ago--the kids didn't need to file any taxes. It was an attachment the CPA prepared.
by HIinvestor
Sun Mar 05, 2017 3:47 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 277
Views: 47390

Re: Physician Retirement Savings

Wow! My internist is in his 60s and still has the same under $200k net earnings he has had all the decades of his practicing! He says he spent his retirement funds upgrading and having electronic health records installed. I have no idea what his net worth is but his twin brother retired comfortably ...
by HIinvestor
Sun Mar 05, 2017 2:47 am
Forum: Personal Finance (Not Investing)
Topic: The Joys Of Tax Season! :(
Replies: 55
Views: 4904

Re: The Joys Of Tax Season! :(

I love having a CPA. It keeps us sane. We have some rental properties and some partnerships and other assorted issues that make it more hassle for us than we care to deal with. I believe we've been hit with AMT once or twice as well. This is one of the duties we are pleased to delegate instead of do...
by HIinvestor
Sun Mar 05, 2017 2:42 am
Forum: Personal Finance (Not Investing)
Topic: Worth It Or Not? [to Retire]
Replies: 28
Views: 5083

Re: Worth It Or Not? [to Retire]

Congrats on having nice options. I'm sure you will do what works best for you. It is nice that you and your wife will be financially comfortable in any case. My spouse retired after 44 years at a job he loved, with a nice pension. His supervisor begged him to return for 6 more months, during which t...
by HIinvestor
Sun Mar 05, 2017 2:28 am
Forum: Personal Consumer Issues
Topic: How much do you spend on "stuff" for kids?
Replies: 53
Views: 4527

Re: How much do you spend on "stuff" for kids?

It sounds like your spending on your kids works for you and your family. We borrow more books form the library and buy fewer books, but it's all personal taste. One thing we did that worked well for us was to give our kids some spending money every time we went on a vacation. They could use it as th...
by HIinvestor
Sun Mar 05, 2017 1:32 am
Forum: Personal Finance (Not Investing)
Topic: Should the money earmarked for certain expenses be part of net worth?
Replies: 52
Views: 3826

Re: Should the money earmarked for certain expenses be part of net worth?

Net worth is merely a point in time snapshot of you assets vs liabilities. It can be a useful barometer of whether you are making progress toward financial goals but shouldn't be obsessed over as it can go fluctuate some over time, especially when you're starting out and have some expensive items--r...
by HIinvestor
Sat Mar 04, 2017 11:33 pm
Forum: Personal Consumer Issues
Topic: furnishing an entire apartment
Replies: 12
Views: 1174

Re: furnishing an entire apartment

Overstock.com, Craigslist and IKEA are some popular options. I believe you can pay for IKEA to deliver and assemble their merchandise. The quality of their merchandise varies considerably. Our S has bought some very nice pieces from them. He also likes Design Within Reach, but their prices are high....
by HIinvestor
Sat Mar 04, 2017 11:29 pm
Forum: Personal Consumer Issues
Topic: Describe your Reasonable Dream Home
Replies: 51
Views: 4034

Re: Describe your Reasonable Dream Home

We are pretty much living in our dream home now. It's all one level, 3 bedrooms, 2 baths, view of hills and 4 blocks from the ocean. We have great neighbors and mild weather year round. Would love it to have a good market within walking distance but it was bought by a church and became a church. We ...
by HIinvestor
Sat Mar 04, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 192
Views: 35233

Re: USAA 2.5% Cash Back Credit Card

We didn't want to change any of our direct deposits that we set up years ago, so we just set up a different financial institution's account to transfer$1000 from our money market account to our USAA checking every month. There is no transfer fee from either of those institutions. There were two smal...
by HIinvestor
Sat Mar 04, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Where do you order checks from?
Replies: 57
Views: 4374

Re: Where do you order checks from?

Most of my institutions give me free checks. I have purchased them from the inserts in the Sunday newspaper when I can't get them free. They were generally under $10 for about 200 checks with carbonless duplicates. There a whole slew of companies and they run frequent promotions. I think the last ti...
by HIinvestor
Sat Mar 04, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Costco Concierge Services.....
Replies: 9
Views: 2185

Re: Costco Concierge Services.....

Back when AmEx issued the Costco credit cards, we bought both kids computers using that CC for college. Both died during the extended warranty period. Called the AmEx extended warranty folks. They had us ship the computers to places for evaluation at their expense and when it was declared a total lo...
by HIinvestor
Fri Mar 03, 2017 1:59 am
Forum: Personal Consumer Issues
Topic: Would you buy a car that way?
Replies: 31
Views: 2561

Re: Would you buy a car that way?

No, I would never buy a car in the manner you propose I have purchased two new cars. The first one, I researched online for the exact model and brand and details I wanted and printed out the price it would be to purchase the car and ship it to HI. I then went to the one dealer in our state that carr...
by HIinvestor
Thu Mar 02, 2017 3:14 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Fraud
Replies: 10
Views: 1189

Re: Credit Card Fraud

Yes, it is surprising and upsetting when there are charges there shouldn't be on your bill. It's always important to check carefully. One hotel we stayed at charged us for parking two cars when we only parked one. We made them re-run a corrected bill before we left the hotel. Just the other night, I...
by HIinvestor
Thu Mar 02, 2017 3:02 am
Forum: Personal Finance (Not Investing)
Topic: Insurance on a diamond engagement ring
Replies: 27
Views: 2564

Re: Insurance on a diamond engagement ring

We had a burglary of our home about 20 years ago and several items of jewelry were stolen, including gold necklaces, jade and other valuable and sentimental items. The homeowner' insurance waived our deductible and paid us the policy maximum of $10,000 for all the stolen jewelry (we didn't have any ...
by HIinvestor
Thu Mar 02, 2017 2:52 am
Forum: Personal Consumer Issues
Topic: Climate and happiness revisited
Replies: 111
Views: 8559

Re: Climate and happiness revisited

Finding the perfect place to live is always a challenge. I live in Honolulu but jobs that pay well are few and far between, housing is very high, as is the general cost of living. We do have nice temperate weather most of the year--we consider 60s and 70s COLD. 2we do have high humidity and volcanic...
by HIinvestor
Wed Mar 01, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find the cheapest mortgage?
Replies: 30
Views: 5382

Re: Where to find the cheapest mortgage?

I wanted and used a local bank because I wanted them to keep the loan and have someone I could talk with face-to-face as desired. The refinancing went smoothly and we got a decent rate. We pre-paid it so it would be totally paid off before H retired. There was no pre-payment penalty. My brother used...
by HIinvestor
Wed Mar 01, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 150
Views: 10458

Re: What Car Should I Buy My Daughter as a Graduation Present

We sent our D a 5-6 year old Volvo S40. It was well-maintained and mechanically sound. It had low mileage when we bought it used. The mechanic checked it out before we shipped it. It has served her very nicely for these past many years and is still running well. We wanted her to have a car that is s...
by HIinvestor
Wed Mar 01, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: How Much to Stretch for "Forever Home"
Replies: 42
Views: 4573

Re: How Much to Stretch for "Forever Home"

To me, it's a stretch to think that both you and your spouse will continue to have your same or higher salaries, especially with so many young kids underfoot. Among my friends, many have had to switch jobs for reasons other than personal choice -- re-organizations, mergers, etc. I'd be very nervous ...
by HIinvestor
Wed Mar 01, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Retired Members--life mistakes
Replies: 64
Views: 9782

Re: Question for Retired Members--life mistakes

H retired in 2012 and then went back for another 6 months and retired for good 7/2013. Our biggest mistake was using an expensive financial advisor at Dean Witter for over a decade so we didn't really get to take advantage of the stock market boom that we could have. Our other huge mistake was over-...