Search found 147 matches

by Limoncello402
Mon Jan 29, 2018 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Take HELOC deal to pay down mortgage?
Replies: 3
Views: 853

Take HELOC deal to pay down mortgage?

My addled brain at the moment doesn't know the answer to this, so please bear with me if it is obvious. I have a $48,000. balance on my WellsFargo mortgage at 4.3%. I'm paying it down by adding $1200/principal each month, so it hasn't been worth it to refinance as it will be paid off in 3 years. I a...
by Limoncello402
Sun Jan 28, 2018 4:40 am
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 6264

Re: Still working out of greed or fear?

Fear. I'm single, 60, and given the family history could live to 100. The future is so unknown, especially health care. I have a 100 year old house that I love and continue to renovate. I want a substantial amount post-retirement to travel. Plus, I like my job. Not love, but it is low stress, genera...
by Limoncello402
Tue Jan 23, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 8551

Re: Work-out schedule for those in 60s

I like a combination of spinning and pilates. At 61 I work out about 5-6 x a week. I've just started to work with some weights as well. I've never had much upper body strength (female here) and realize I should have done this long ago.
by Limoncello402
Tue Jan 23, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Jeans without strong chemical odor
Replies: 36
Views: 4890

Re: Jeans without strong chemical odor

The quality of Levis is notoriously uneven these days: they've really deteriorated as a company. I have experienced the same nauseous smell from Levis--at least some Levis. I don't know the answer to this question, but I'd love to find all cotton dark blue jeans again, not spandex stuff.
by Limoncello402
Wed Jan 17, 2018 5:37 am
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 113
Views: 22362

Re: Besides Bogleheads, What Are Your Favorite Forums?

I also read mrmoneymustache and earlyretirement. My take on mrmoneymustache is also that most are in their 20s-30s with ridiculous expectations--good luck with that! This forum seems to be wiser people in their (say) late 30s-40s. Earlyretirement has, predictably, a lot of people in their 50s-60s. T...
by Limoncello402
Wed Jan 17, 2018 5:29 am
Forum: Personal Consumer Issues
Topic: Travel to Rome Italy - Recommendations
Replies: 23
Views: 2646

Re: Travel to Rome Italy - Recommendations

I'd also strongly recommend the Scavi (archeological) tour that goes beneath St. Peter's to the original Vatican cemetery there. They continue to uncover more and more there. Rome is made for walking, so I echo what others have said. Plot a course and you can see all the major sites by walking. Trev...
by Limoncello402
Mon Jan 15, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: Any high-end skincare products worth it?
Replies: 37
Views: 4801

Re: Any high-end skincare products worth it?

I'm not sure I know anyone who has truly benefited from high priced cosmetics, look wise. You know what? For nearly 40 years (I'm 61) I have smeared a thin layer of vaseline over my face before going to bed. I don't have any wrinkles at all. I've heard that others who do this love it as well. But in...
by Limoncello402
Mon Jan 15, 2018 7:50 am
Forum: Personal Consumer Issues
Topic: Any high-end skincare products worth it?
Replies: 37
Views: 4801

Re: Any high-end skincare products worth it?

A book came out awhile back (not sure if it has been updated) that everyone should read. It is called something like Read this Book Before You Go to the Cosmetics Counter. It tells exactly what is in all those high priced cosmetics, moisturizers, shampoos, etc. In general it is rarely if ever worth ...
by Limoncello402
Mon Jan 15, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: neighborhood advice for Prague, Vienna, Budapest, and Athens
Replies: 11
Views: 947

Re: neighborhood advice for Prague, Vienna, Budapest, and Athens

When I stay in Vienna (often) I stay at one of the many B & Bs on Mariahilferstrasse. The U bahn travels down it into the city center, but I usually walk it. It is very accessible, not high priced, and full of places to stay (not sure about rentals, however). The area is generally called Maria H...
by Limoncello402
Wed Jan 10, 2018 5:53 am
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 3235

Re: Help choosing a hatchback- civic, golf, prius and Volvo V60

I've had a series of Golfs, each of which has performed wonderfully and been low maintenance. I'd choose the Golf.
by Limoncello402
Sat Jan 06, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Buying a new home at age 50 in a nicer neighborhood
Replies: 133
Views: 18705

Re: Buying a new home at age 50 in a nicer neighborhood

At age 59 I moved from a home in a lower cost area to a higher cost, and much safer and more friendly, neighborhood. So I moved up when many are downsizing. I've never been happier. I have an ideal house in a fabulous area, perfect for me. I had no mortgage at the old place and took a small-ish mort...
by Limoncello402
Fri Jan 05, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 7307

Re: Living Trust - Will

After many years of putting it off, I finally got a lawyer and made a living trust, testamentary bequest to a local foundation, POA, and Health Care Directive. The lawyer's fee was $1600. Despite the expense, I am very glad this is done. I'm single with no heirs, and with the huge rise in the market...
by Limoncello402
Thu Jan 04, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 12448

Re: Effects of extreme cold weather

Ugh. Dealing today with a cracked frozen radiator and ice all around the hardwood floor. Heating guy is here for hours. Not a pretty sight. We are in an extreme cold snap that is continuing for days on end (MN).
by Limoncello402
Mon Jan 01, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Who should we appoint as executor?
Replies: 33
Views: 3433

Re: Who should we appoint as executor?

Like some others here, I can attest that all sorts of unpleasant things can arise with siblings in regards to a will. I would definitely chose a third party.
by Limoncello402
Mon Jan 01, 2018 5:11 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2019?
Replies: 198
Views: 20816

Re: What non fiction book will you be reading in 2018?

I just picked up The Power of Silence by Cardinal Sarah. It is very powerful indeed; a real indictment against the constant barrage of noise we experience today everywhere, including our own inner agitations.
by Limoncello402
Mon Jan 01, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 122
Views: 11180

Re: Keeping a checkbook register

I keep a checkbook. I like writing things down, and it is very easy to look through. Each month, I enter my bi-weekly paycheck, which comes to my checking account. I subtract automatic payments, savings, mortgage, online payments, and the couple of checks I write each month (utilities, misc). All my...
by Limoncello402
Thu Dec 28, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Need to shop insurance: curious what you have?
Replies: 22
Views: 2851

Re: Need to shop insurance: curious what you have?

Stupid question, but doesn't an independent insurance agent cost a fee and/or get a cut of your premiums? For those who have gone this route, I assume the insurance savings offset the fees?
by Limoncello402
Thu Dec 28, 2017 5:30 am
Forum: Personal Finance (Not Investing)
Topic: Need to shop insurance: curious what you have?
Replies: 22
Views: 2851

Re: Need to shop insurance: curious what you have?

Thanks for your helpful replies. I'm in Minnesota.
On my list is Amica, Geico, Travellers, Progressive, AAA. I don't belong to Costco so assume I can't get their insurance without a yearly membership?
by Limoncello402
Wed Dec 27, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need to shop insurance: curious what you have?
Replies: 22
Views: 2851

Need to shop insurance: curious what you have?

After numerous rate creeps by State Farm, my loyalty has run out. This week I'm planning to shop around. I currently have 2M umbrella, house, and 1 car with State Farm. I wonder insurance companies Bogleheads have and whether you can recommend a strategy. I don't want to kill myself doing this; perh...
by Limoncello402
Tue Dec 26, 2017 7:05 am
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 9085

Re: manual car for new teen driver

I have driven a series of VW Golfs over many years, MT, and just love them. They are extremely popular in Europe, less so here, but I love the feel of the drive, the roomy hatch, etc. etc. I learned to drive on a MT and will never own anything else.
by Limoncello402
Tue Nov 28, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 15281

Re: After financial independence, do you lose motivation for work?

I lost motivation when I could see retirement distant on the horizon and knew I'd be just fine financially. It is like a rounded a hill and saw no more to climb. No more promotions (I reached the top of my field); no real need for a raise each year; no need to do "extra" at work for browni...
by Limoncello402
Sat Nov 11, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 142
Views: 16932

Re: Do you meditate?

Yes, everyday. I'm a Catholic and there is, of course, a 2000 year tradition of meditation and contemplation. I often meditate with the help of Bible passages and the mysteries of the Rosary--beautiful, very deep meditations. Contemplation is something different but related, and I do that in Holy Ho...
by Limoncello402
Sat Sep 23, 2017 6:22 am
Forum: Personal Consumer Issues
Topic: Are quality exterior doors worth it?
Replies: 17
Views: 2720

Re: Are quality exterior doors worth it?

Timely post. I have a 1923 Craftsman home and am replacing the back door. A hardwood oak or maple door (I haven't decided whether to stain or paint it yet, so don't know which), Simpson brand, with glass on the top and three panels (exactly like the original) runs $1600. This includes everything exc...
by Limoncello402
Sun Aug 20, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: Possible January trip to Naples, Italy / Amalfi Coast
Replies: 37
Views: 3804

Re: Possible January trip to Naples, Italy / Amalfi Coast

If you decide not to stay in Naples, you can easily take the train to Naples, then in the station go several flights down to the Circumvesuviana railroad to Pompei. Easy to do. Then you can take it on to Sorrento where the bus will take you up the Amalfi coast. I typically stay in Positano, at the V...
by Limoncello402
Wed Aug 09, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is my current LTC policy relatively good?
Replies: 19
Views: 1888

Re: Is my current LTC policy relatively good?

That's precisely the problem: the annual premium may rise at any time, often quite a bit. When I was buying there was no option for me of a fixed premium. Hence the dilemma about LTC. I suspect you bought your policy at a time when the terms were much more favorable.
by Limoncello402
Wed Aug 09, 2017 4:34 am
Forum: Personal Finance (Not Investing)
Topic: Is my current LTC policy relatively good?
Replies: 19
Views: 1888

Re: Is my current LTC policy relatively good?

Bogleheaders seem to be all over the place in the LTC debate. Not surprising, I think, because the issue is a difficult one. My Genworth policy premium, held for 6 years now, went up quite a bit this year--it is now $3400/year. Coverage is great, though--daily benefits are $238. When I got the notic...
by Limoncello402
Fri Aug 04, 2017 7:05 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 1323
Views: 174178

Re: A poll: How much money do you want to retire?

2.5 million and a paid off home (worth $400,000) at 65. I'm 60 now and almost there...
by Limoncello402
Mon Jul 31, 2017 6:53 am
Forum: Personal Finance (Not Investing)
Topic: How do I shop around for a HELOC?
Replies: 9
Views: 1947

Re: How do I shop around for a HELOC?

It is generally a good advice to have a HELOC, especially when you get to retirement. I got one several years ago to do a kitchen remodel, and paid it all back over 2 years. Unfortunately, it has an annual fee of $75.00, so I am going to close it soon and look for one with no fee and, of course, low...
by Limoncello402
Sun Jul 30, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 144
Views: 20340

Re: Your "at peace" moments.

I'm an early riser (4-4:30) and just love the early mornings. I drink coffee, watch the sunrise, do my prayer and meditation. I also love snowy winter Sundays with the paper and glass of wine in front of the fireplace. Long bike rides in nature (not traffic!) are very peaceful.
by Limoncello402
Fri Jul 21, 2017 7:15 am
Forum: Personal Consumer Issues
Topic: Humid basement
Replies: 39
Views: 3935

Re: Humid basement

The water heater vented out will make no difference whatsoever. Glad you are happy with the dehumidifier. Clean the filter every so often and you are set. I run mine on high from about 7 a.m. to 7 p.m. and it keeps the basement cool and dry all summer.
by Limoncello402
Mon Jul 17, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 6580

Re: Rent in safer neighborhood or buy in less safe one?

"On the other hand, plenty of people have bought in "gentrifying" areas and have been very happy with their purchases, both as far as the neighborhood and price appreciation. "Good" neighborhoods can also decline. Real estate markets are very local." It is true. In fact...
by Limoncello402
Mon Jul 17, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Anyone feel like talking "R"
Replies: 50
Views: 14334

Re: Anyone feel like talking "R"

I clicked on this thinking the big "R" was for Retirement. Shows you what I know :happy
by Limoncello402
Mon Jul 17, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Humid basement
Replies: 39
Views: 3935

Re: Humid basement

100 year old home in MN and would not be without a basement dehumidifier in summer. We run it from about June-Sept during the day: on first thing in the morning, off last thing at night. That way it cuts down on the electric bills and still does the job. I strongly suggest you start running one and ...
by Limoncello402
Sun Jul 16, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 6580

Re: Rent in safer neighborhood or buy in less safe one?

I bought my first house (age 28) in a marginal area because I could not afford the nicer area that I really wanted to be in--the one so close to my work that I could walk. I stuck it out 20 years during which the neighborhood got worse and worse. Finally I got out as I was truly scared for my life a...
by Limoncello402
Thu Jul 06, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 159
Views: 20747

Re: Long term care insurance - is it worth it?

I am single, have no need to leave money for anyone, and am comfortable for now keeping my LTC policy. For one thing it covers care if I, tomorrow, fall and break something and need care. I have no one--no relatives--who could care for me in this way and would otherwise have to pay out of pocket. At...
by Limoncello402
Tue Jul 04, 2017 5:13 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 159
Views: 20747

Re: Long term care insurance - is it worth it?

I bought a Genworth policy at 55. This year the premium went up significantly. I spent a lot of time reading about and studying LTC for some months not knowing whether I should renew. In the end I did renew and bit the bullet of paying the higher cost. I still think it is worth it for me. I'm single...
by Limoncello402
Tue Jun 20, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: New Patio Efflorescence-ugh!
Replies: 2
Views: 950

New Patio Efflorescence-ugh!

I just had a new brick patio laid. It looks great except for a bunch of bricks right in the center that are covered with ugly white scum. The landscaper said it was efflorescence and would wear off--eventually. It really is ugly, and my heart sinks in looking at my brand new patio! I took a scrub br...
by Limoncello402
Thu Jun 15, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance?
Replies: 46
Views: 6906

Re: Long Term Care Insurance?

I investigated the new hybrid products but didn't find them any better deal, and many times worse, than traditional LTC. Kytes has a number of good articles on them. LTC is something I will remain conflicted about and have to reevaluate every year at premium time. About all I can say is that right n...
by Limoncello402
Thu Jun 15, 2017 3:58 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance?
Replies: 46
Views: 6906

Re: Long Term Care Insurance?

I've had a Genworth policy for 8 years (I'm 60) and the premium went up quite a bit this year. They gave options to reduce coverage. After hemming and hawing for months, I finally chose to just renew it as is. Reducing coverage for just a few hundred dollars depending on the options seemed a slipper...
by Limoncello402
Wed Jun 14, 2017 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 260
Views: 66050

Re: Regret early retirement/downsizing

I think I did downsize too drastically. Of course, at the time I thought it was the right thing to do, but in hindsight not so much. I was coming from a house that was giving me headaches in all the upkeep and the idea of a sleek, modern, tiny condo signaled "freedom." In reality, it felt ...
by Limoncello402
Tue Jun 13, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 260
Views: 66050

Re: Regret early retirement/downsizing

I downsized radically--from a 1800 sq. ft house to a 850 sq ft high rise condo. I sold nearly everything to fit into the tiny space. Within 6 months I upsized again; I realized I hated the place. I felt so confined and the place so impersonal. I bought a 1500 sq foot home with small yard and am happ...
by Limoncello402
Mon Jun 05, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Off HELOC - Close Credit Line?
Replies: 9
Views: 1536

Re: Paying Off HELOC - Close Credit Line?

I opened a WellsFargo HELOC last year to finance a kitchen remodel. It came in very handy and is now repaid. However, there is a $75/annual fee. I don't like that, but I also have to keep the HELOC open a couple years to avoid another "early close" fee of $300. After that period passes, I'...
by Limoncello402
Tue May 09, 2017 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Long Term [Care] Rates just went Through the roof!
Replies: 34
Views: 6056

Re: Long Term [Care] Rates just went Through the roof!

Same here. As I posted on another thread, I am quickly seeing that continual similar rises in my Genworth policy premium will amount to 5 figures by the time I'm 70, 10 years from now. And I think cutting benefits is just a slippery slope. I am still not sure whether to drop it or not--have been bac...
by Limoncello402
Sat May 06, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much to self fund LTC
Replies: 19
Views: 2336

Re: How much to self fund LTC

I'm 60 and bought a Genworth LTC policy 5 years ago. Right now the benefits are $225/day, 5% compound, 5 years. However, the premium has risen 43% so far, and is now $3400. I created a chart to show what the premiums may be in the future--I stress may, because no one knows--with a similar increase a...
by Limoncello402
Thu May 04, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: When to consider Long Term Care Insurance
Replies: 38
Views: 4258

Re: When to consider Long Term Care Insurance

My Genworth policy has risen 43% over the last 5 years. If this continues, or goes up even more which is likely, I will easily be paying 5 figures in annual premiums by the time I am 70--10 years from now. I'm completely conflicted about whether to continue to renew this policy or not.
by Limoncello402
Wed May 03, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth Long Term Care
Replies: 23
Views: 3676

Re: Genworth Long Term Care

I'm in the same position. My Genworth policy has gone up 43% in the seven years I've held it, with my current renewal $3400. I'm 60. It is a generous policy and I've been happy to have it up to now, but with the recent increase I don't know whether to continue, drop it all together, or cut back on w...