Search found 1390 matches

by mrc
Fri Jan 17, 2020 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Realized we made a major mistake and feeling really sick.
Replies: 162
Views: 13119

Re: Realized we made a major mistake and feeling really sick.

Did you sell because you needed the proceeds? Because you didn't want your asset allocation skewed too far toward company stock? This could also have been the best move you ever made had the stock tanked recently. Many would be happy with an $850K gain and wouldn't look back!
by mrc
Thu Jan 09, 2020 4:14 pm
Forum: Personal Consumer Issues
Topic: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?
Replies: 75
Views: 5627

Re: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?

Welcome to the joys and pitfalls of home ownership. These things happen, and sometimes unfortunatly in your case soon after the purchase. Fix it and replenish your emergency fund ASAP.
by mrc
Mon Jan 06, 2020 10:39 am
Forum: Personal Consumer Issues
Topic: Help me locate the wired doorbell chime
Replies: 32
Views: 2126

Re: Help me locate the wired doorbell chime

Clearly, the prior owners remove the chime, but not the transformer.

So now, I want to know both where is the doorbell transformer, and what's in that floor safe. :D
by mrc
Sun Jan 05, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Gutter drip
Replies: 4
Views: 558

Re: Gutter drip

If you can hear water dripping within the downspout well after a rain, I would check the gutters for debris and proper tilt. Sounds like water can pool and drain out slowly over time.
by mrc
Sun Jan 05, 2020 8:13 am
Forum: Personal Consumer Issues
Topic: Help me locate the wired doorbell chime
Replies: 32
Views: 2126

Re: Help me locate the wired doorbell chime

If I'm reading the OP correctly, you can't find the chime and there is low voltage power at the door bell switch. Is it possible that the prior owner removed the chime unit? I would look for 'scar' on the wall in the foyer or entry way, about a foot from the ceiling. Sometimes you can see the ghost ...
by mrc
Sat Jan 04, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Geico cancels 1M umbrella
Replies: 54
Views: 6450

Re: Geico cancels 1M umbrella

After MetLife raised our auto rates to obscene levels, I shopped around and found Safeco through an independent agent. I reduced the premiums for equivalent coverage considerably, and it's nice to have a local person/agency to contact for service in addition to the Safeco website. You might obtain a...
by mrc
Tue Dec 31, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: Apple iMac 2013? Replace with Fusion? Or all SSD? Security? Questions
Replies: 36
Views: 2286

Re: Apple iMac 2013? Replace with Fusion? Or all SSD? Security? Questions

I just replaced a 5 year-old 27" Retina iMac with a spinning hard drive (not a fusion, not a SSD) primarily b/c the disk was running so slowing the box was becoming frustrating to use. Beachball city. I put memory in it myself and it's quite easy. SSD replacement kits (drive, mount, tools to open th...
by mrc
Sat Dec 28, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: How to get cash from 100lbs of coin change?
Replies: 33
Views: 2812

Re: How to get cash from 100lbs of coin change?

It would be interesting to run the characteristics of your collection through Coin Jar Calculator.

100 lbs, with a ratio of 10:8:6:4 pennies, nickels, dimes, and quarters, no half or dollar coins would yield ~$940!
by mrc
Fri Dec 27, 2019 3:43 pm
Forum: Personal Consumer Issues
Topic: Sleep Masks & Ear Plugs
Replies: 35
Views: 2228

Re: Sleep Masks & Ear Plugs

Before this thread crosses into medical advice … I have worn foam earplugs for probably 20 years. Be sure you're inserting them correctly (google it). Also, don't be afraid to try a couple different types. Some stay in better than others due to material differences and shape. I also sleep with a han...
by mrc
Fri Dec 27, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: demented mother's online spending
Replies: 126
Views: 11024

Re: demented mother's online spending

How is someone who cannot remember an online order several minutes later able to authenticate with these online vendors? I see two problems: 1) how to treat mom's deterioration, which is a medical concern and beyond the scope of this board, and 2) mom's irrational online spending. Change the passwor...
by mrc
Sat Dec 21, 2019 11:52 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 26762

Re: Tax Law Changes for 2020

2. It takes less than $100K net worth to be in the global 1%. unclear where you got this info from. Any and all sites I read quote this about $1,000,000ish net worth to be in the global top 1%. :moneybag Global? It's about $32K. US? $421K, according to Investopedia That is income, not net worth num...
by mrc
Sat Dec 21, 2019 11:31 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 26762

Re: Tax Law Changes for 2020

F150HD wrote:
Sat Dec 21, 2019 11:27 am
dharrythomas wrote:
Sat Dec 21, 2019 10:36 am
2. It takes less than $100K net worth to be in the global 1%.
unclear where you got this info from.
Any and all sites I read quote this about $1,000,000ish net worth to be in the global top 1%. :moneybag
Global? It's about $32K. US? $421K, according to Investopedia
by mrc
Sat Dec 21, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 22534

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

The RMD age is raised to 72. How does this impact someone who had their first RMD already, but will not turn 72 until a later year? Is the rule “if age 72 or greater on Dec 31 of tax year, then an RMD is required in that tax year”? If you're already 70-1/2, this does not impact you. It only affects...
by mrc
Sat Dec 21, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: Newly-passed Tax Law and RMDs
Replies: 21
Views: 2358

Re: Newly-passed Tax Law and RMDs

The new rules do not apply to those already 70-1/2. HR 1944 Section 114: Increase in age for required beginning date for mandatory distributions (d) Effective Date—The amendments made by this section shall apply to distributions required to be made after December 31, 2019, with respect to individual...
by mrc
Wed Dec 18, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Why should FEHB members buy Medicare Part B?
Replies: 179
Views: 26291

Re: Why should FEHB members buy Medicare Part B?

MichDad, We planned to skip electing Medicare B thinking the FEHB BCBS Basic we had pre-Medicare was good enough, and it wouldn't matter whether our providers accepted Medicare. However, BCBS ( and other FEHB plans ) pay no more than the Medicare allowance. It is possible to be on the hook for the d...
by mrc
Mon Dec 16, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 165
Views: 8710

Re: Genworth raising LTCi premiums 150% over next 5-7 years

biscuits wrote:
Sun Dec 15, 2019 3:07 pm
Genworth may request these increases, but that does not necessarily mean they will get them. My LTC insurer, Met Life, has requested increases which my state has denied.
True. But how will ongoing rate increase denials affect Genworth's solvency over time?
by mrc
Sun Dec 15, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 165
Views: 8710

Re: Genworth raising LTCi premiums 150% over next 5-7 years

LTC usually ends in the recipient's death, resulting in significantly lower expenses for the surviving spouse. Do you have a source for that? It was my understanding that most LTC events are temporary and result in a discharge to home. Most "long term care" events are by definition not temporary. T...
by mrc
Sat Dec 14, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 165
Views: 8710

Re: Genworth raising LTCi premiums 150% over next 5-7 years

Long-term care insurance rate increases depend upon several factors: 1) When the policy was purchased. … 2) What state the policy was purchased in. … 3) Which company you buy your policy from. … 4) Your policy design. The policies with 5% compound inflation protection and a lifetime/unlimited benef...
by mrc
Fri Dec 13, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 165
Views: 8710

Genworth raising LTCi premiums 150% over next 5-7 years

We received the annual "we are raising your premiums 15% next year" letter from Genworth LTCi. We expected this. What surprised us was the next paragraph: "We plan to request at least 150% in additional premiums over the next 5-7 years." We have had this Cadillac policy since 2003, and we are loath ...
by mrc
Mon Dec 09, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: Best paper notebooks for workplace notes
Replies: 21
Views: 1718

Re: Best paper notebooks for workplace notes

I found good old fashioned spiral notebooks work quite well. They are not expensive, lie flat, and come in college/narrow rule. You can get them with 1/4" grid as well.
by mrc
Mon Dec 09, 2019 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Front Loading the TSP for 2020?
Replies: 34
Views: 2000

Re: Fed Employee Front Loading the TSP for 2020?

You can also max out your FSA and spend it all before you retire. For example set up to contribute $100 per pay period, go get $2,600 worth of eligible medical care, pay in for 6 pay periods and retire, You got just $2,000 of free medical care. This doesn't make sense. FSAFEDS lets you spend $$$ be...
by mrc
Sun Dec 08, 2019 2:35 pm
Forum: Personal Investments
Topic: Helping 24yo daughter to investing for long term
Replies: 25
Views: 2285

Re: Helping 24yo daughter to investing for long term

Show her the story of person A who contributes $100/month for 10 years between ages 20 and 30, then never another dime. And person B who invests $100/month from age 30 to age 60. And how person A ends up with more money at age 60. Call it a "life hack" to make it sound cool. Here's one such illustra...
by mrc
Sun Dec 08, 2019 10:54 am
Forum: Personal Consumer Issues
Topic: Estate sales, not for just dead people?
Replies: 21
Views: 2392

Re: Estate sales, not for just dead people?

Estate sale: "a sale of the possessions of a person who has died or is moving to another house"

You don't have to be dead. Yet.
by mrc
Sun Dec 08, 2019 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Front Loading the TSP for 2020?
Replies: 34
Views: 2000

Re: Fed Employee Front Loading the TSP for 2020?

People almost always first raise the issue of missing out on matching funds...but if one is retiring, obviously future matching funds are largely irrelevant, no? I am just trying to consider whether anything I do in this regard - even a very large percentage - would "freak out" the payroll systems....
by mrc
Tue Dec 03, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Why I love banks
Replies: 79
Views: 10056

Re: Why I love banks

I hate credit unions! Once I had a credit union with and left a small balance in it ($5) to keep it open till I transfer more cash. A couple of weeks after, the balance was gone! When I asked they said "inactivity fee" or something like that! They had also a very terrible website and poor customer ...
by mrc
Mon Nov 25, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: We have a prenup, now buying a house.
Replies: 117
Views: 7417

Re: We have a prenup, now buying a house.

before sharing expenses 40/60 with me Wow. Why don't you buy a house she can afford to pay 50/50? If you want more house than she can afford, well ... I just can't get past this statement from a husband about his wife: I find her position legitimate and don't want her feeling marginalized and upset...
by mrc
Wed Oct 30, 2019 4:33 pm
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 4871

Re: Low water pressure/flow in house

Given some of these posts, I wonder if the mains is all the way open. This sounds like a classic part-open gate valve. You'd have high pressure with no flow, and pressure would plummet with faucet(s) open.
by mrc
Wed Oct 16, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 107
Views: 9610

Re: Friend's car caught in flood ?

I would not spend another dime on a flooded out vehicle. But that's just me I guess.
by mrc
Tue Oct 15, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Inappropriate touching in a workplace- What is the best act?
Replies: 28
Views: 2387

Re: Inappropriate touching in a workplace- What is the best act?

Please remember, HR is there for the company/organization. Not your wife.
by mrc
Tue Oct 08, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Question on a concrete driveway
Replies: 15
Views: 1718

Re: Question on a concrete driveway

Forget the concrete. Go to home depot and get some 4" pavers and place them where you want them. Easy fix. Seems like you are only doing this because your car has to roll over a little bit more of your existing driveway. I cannot imagine any contractor will be interested In 1 x 9 job. As someone me...
by mrc
Sat Sep 28, 2019 1:50 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: About half your retirement accumulation is just the dollars you put in
Replies: 92
Views: 14834

Re: Jonathan Clements: About half your retirement accumulation is just the dollars you put in

Spouse's TIAA is an exception to that rule. She contributed in the 1980s through about 1991.

Employee contribution: $3377
Employer contribution: $6442

Value in Feb 2017 was $296,415.

Clearly, the time horizon matters!
by mrc
Wed Sep 25, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Solar panel advice & experiences
Replies: 64
Views: 3107

Re: Solar panel advice & experiences

It is about 2500 sf, with finished basement giving approx 4500sf livable space. We have a very steep roof with multiple peaks, so each panel is not in an optimal south facing direction. Also very high ceilings which require lots of A/C in summer to cool room. Their estimates put our offset at aroun...
by mrc
Mon Sep 16, 2019 3:51 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 15737

Re: Best of Bogleheads - your #1 takeaway

This graph on the Investment Philosophy Wiki page, in the Keep costs low section made the biggest impression on me. Especially the grey to the right of the dotted line.
by mrc
Fri Sep 13, 2019 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Helping elderly parents manage finances - pros and cons
Replies: 62
Views: 5406

Re: Helping elderly parents manage finances - pros and cons

I did the same with my mother. Took over the investing well over 20 years ago, she handled the day to day. A few years back, when after taking over my in-law's day to day, I eventually convinced my mother to let me do that for her , i.e. setting up utilities on autopay, charging them to the credit ...
by mrc
Wed Sep 04, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 419
Views: 64881

Re: Improving the TSP [for current participants]

Yep, in most cases reluctantly I'm still of the opinion it is best bet to move out of TSP to an IRA at retirement unless you live in a state that taxes TSP withdrawals favorably or need extra protection from lawsuits for some reason. G Fund alone does not outweigh the TSP negatives. That is what my...
by mrc
Sat Aug 31, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5528

Re: Cash & Checkbook Register Reconciliation

No I haven't balanced a checkbook for about 7 years, for three reasons: First, everything is available online at the bank's website. Second, I write very few checks. I do check credit card statements, and watch EFTs to pay utilities, CC balances. Finally, the checking account balance is sufficient, ...
by mrc
Wed Aug 28, 2019 9:38 am
Forum: Personal Consumer Issues
Topic: Learning Accounting (question)
Replies: 14
Views: 1137

Re: Learning Accounting (question)

I sometimes wonder how others cannot appreciate software engineering in particular, system administration, and computers in general. Then I read about cash accounting vs accrual accounting, balance sheet vs owners equity ... and I get it. Thankful we can choose our vocations.
by mrc
Tue Aug 27, 2019 4:52 am
Forum: Investing - Theory, News & General
Topic: Retirement Expenses Rule of Thumb
Replies: 51
Views: 4431

Re: Retirement Expenses Rule of Thumb

I'm not retired, but I'm starting to get a plan, this was my simple model: - Take the income that I spend every year (not going into taxes or pre/post tax retirement savings) - Remove the expenses that will go away (like paid off house) - Add new expenses I plan to have (like medicare gap insurance...
by mrc
Fri Aug 23, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Wedding stuff
Replies: 19
Views: 1974

Re: Wedding stuff

Please buy/rent as little plastic as possible. There are environmentally sound alternatives to plastic dishes and flatware. I had to look up what a table topper is, why do you need those? It is a large banquet hall, we will have 8 or 10 tables. I need something to break up the expanse tables and ch...
by mrc
Fri Aug 23, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Splitting fence cost with neighbor
Replies: 53
Views: 5360

Re: Splitting fence cost with neighbor

Looking at his property, I am pretty sure he will not be interested in that. He doesn't do a lot outside his house (painting, landscaping, staining fences) and honestly I have seen little maintenance activity around his place. That's enough to alert the HOA "architecture committee" or whatever your...
by mrc
Sat Aug 10, 2019 5:10 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 11319

Re: Healthy fast food

I eat very low carb, and once or twice a day. In a pinch like that, being out on the road, I would order several ground beef patties only (no bun, fixens, fries, drinks) from any of the major burger chains. All will sell them à la carte if you ask.
by mrc
Wed Aug 07, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 419
Views: 64881

Re: Improving the TSP [for current participants]

The FRTIB posted minutes for the June 2019 meeting . Section 4 Enterprise Risk Management Update (pp3-4) ticks off a disturbingly long list of "high" level risks: Information Security Disaster Recovery Business Continuity Insider Threat Management TSP Fraud are all rated "high risk. Oh, and the Addi...
by mrc
Fri Aug 02, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Why should FEHB members buy Medicare Part B?
Replies: 179
Views: 26291

Re: Why should FEHB members buy Medicare Part B?

Maybe take a look at MHBP Consumer option as well, it appears to offer $1,200/year each person, waives medicare copays, coinsurance and deductibles, and has a smaller premium than Aetna Direct? You have to join the Mail Handlers Union though. The reviews here for that plan are abysmal, which unders...
by mrc
Sun Jul 28, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 14549

Re: Job Offer Evaluation - FANG

Broadway2018 wrote:
Sun Jul 28, 2019 10:42 am
Update: I am a month into the job and am loving it. This was the best decision of my life! Seattle is great and the job is better than expected.
Congratulations. It's nice when things work out. The help offered on this board is stellar.
by mrc
Tue Jul 16, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: The exact month to begin receiving Social Security benefits for the maximum.
Replies: 44
Views: 3785

Re: The exact month to begin receiving Social Security benefits for the maximum.

It makes the most sense that if you were born on 11/02-11/30 you are deemed to have turned 70 on 11/01, November benefits accrue, and the first payment will arrive in December. It makes less sense to turn 70, say, on 11/09, wait until the end of November to begin accruing benefits in December and re...
by mrc
Tue Jul 16, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Being a hands off homeowner
Replies: 51
Views: 4021

Re: Being a hands off homeowner

Childhood friend's dad always said the only thing he needed in his toolbox was the Yellow Pages. It can work for you, but finding reliable, affordable service is non-trivial.
by mrc
Wed Jul 10, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: Pickup truck issue!!
Replies: 39
Views: 3424

Re: Pickup truck issue!!

A new truck like my 2004 6.0 diesel/auto is ~$65K. Yours is barely broken in at 130K miles. I would fix it.
by mrc
Tue Jul 09, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Buying a Smoker
Replies: 118
Views: 8467

Re: Buying a Smoker

I have a cookshack electric smoker and it's great. http://www.cookshack.com I too have a Cookshack, Smokette (the smallest model). About the size of a mini-fridge. It has a large wood box, electric heat means you set it and walk away. The temp control is excellent,no pellets to fuss with. I can use...
by mrc
Sun Jul 07, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 13423

Re: Long term care insurance excessive price increase -upset!

I live in a state that limits rate increases to 15%/year. We purchased a couple's policy in 2003 when I was 43 and DW was 52. Until 2015, the premium remained flat. Since then it's increased by 15% 2015 and 2016, and have remained flat since. It is a great policy, the likes of which is unavailable t...