Search found 7884 matches

by cheese_breath
Mon Sep 10, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

Well, how about paying for home health? In 1) works okay to a point, until you realize that you have the option of either 24x7 help (well over 100k a year) or maybe just 8 or 16 hours of help per day, but well, you never sleep because the person needing help wanders (at night .... at random times ....
by cheese_breath
Sun Sep 09, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

Well, how about paying for home health? In 1) works okay to a point, until you realize that you have the option of either 24x7 help (well over 100k a year) or maybe just 8 or 16 hours of help per day, but well, you never sleep because the person needing help wanders (at night .... at random times ....
by cheese_breath
Fri Sep 07, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2677

Re: How do you handle Healthcare costs in retirement

I'm curious on how others on this board are handling healthcare costs in retirement. Specifically two questions; (1) For those on Medicare, do you find you need supplemental insurance and is it expensive ? (2) For those retiring earlier than 65 , not on medicare but possibly enrolling in ACA, do yo...
by cheese_breath
Fri Sep 07, 2018 3:16 am
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2546

Re: Certified Pre-Owned Cars (CPO): Is this normal?

It is false advertising. It probably was a certified car -- they just made you pay for it twice. "Rusty Jones" all over again. You want the "out-the-door price" when negotiating; everything else is fiction. I would have made a stink and, rather than walk away, would have insisted that they honor th...
by cheese_breath
Fri Sep 07, 2018 3:08 am
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

I'm planning to sell the house if I go into care. If I go into care, I'll obviously be too infirm to maintain a house when I get out. So the house should go, even if I have loads of other assets I could use. I hope you've given someone your POA so they can do it for you if you're incapacitated.
by cheese_breath
Fri Sep 07, 2018 3:06 am
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

I am sort of planning on obtaining a reverse mortgage if one of us winds up needing long term care. We have a fully paid off house and it is unlikely that anyone would sell us long term care insurance at a reasonable price. What if both of you simultaneously need long-term care? The reverse mortgag...
by cheese_breath
Thu Sep 06, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8335

Re: Scaring the Old Folks

John88 wrote:
Thu Sep 06, 2018 7:28 pm
Duplicate don't know how to delete
Once someone's posted after you, you can't delete anymore.
by cheese_breath
Thu Sep 06, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8335

Re: Scaring the Old Folks

I've had 6 restaurant-prepared meals just this week for $22. You must eat like a mouse, livesoft! :P I would like to know what those meals were :-) Yes. Details, please. :D Maybe...2 Whoppers @$6.00 three times equals $18.00 for six meals. Free senior coffees. Still leaves $4.00 for splurges. :D ed...
by cheese_breath
Thu Sep 06, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8335

Re: Scaring the Old Folks

I've had 6 restaurant-prepared meals just this week for $22. You must eat like a mouse, livesoft! :P I would like to know what those meals were :-) Yes. Details, please. :D Maybe...2 Whoppers @$6.00 three times equals $18.00 for six meals. Free senior coffees. Still leaves $4.00 for splurges. :D
by cheese_breath
Thu Sep 06, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Dad's Finacial Paperwork
Replies: 8
Views: 1113

Re: Dad's Finacial Paperwork

My MIL never threw anything out. That's good and bad. I eventually found everything I needed, but I had to go through scores of trash bags filled with everything from processed checks and bank statements back to the creation of time to grocery receipts from 1966. Managed to skinny it all down to one...
by cheese_breath
Thu Sep 06, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Dad's Finacial Paperwork
Replies: 8
Views: 1113

Re: Dad's Finacial Paperwork

I would at least keep a digital copy of the tax returns. I would also keep the death certificates. I just used one to claim $16 in a random account belonging to my dad who passed 10 years ago. I just used one of MIL's death certificates (died over 2 years ago) to become POA on a Chase checking acco...
by cheese_breath
Thu Sep 06, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Phone Calls from Windows saying computer has Malware
Replies: 40
Views: 2190

Re: Phone Calls from Windows saying computer has Malware

Thegame14 wrote:
Thu Sep 06, 2018 10:22 am
.... He said no this is not a scam, this is Microsoft support, I said how did you know to call me. He said my computer notified them of the issues....
You should have said, that was just my computer downloading the malware onto yours.
by cheese_breath
Thu Sep 06, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Phone Calls from Windows saying computer has Malware
Replies: 40
Views: 2190

Re: Phone Calls from Windows saying computer has Malware

... I imagine half the people on this forum have received similar calls. I remember one when I started asking the guy with the foreign accent some questions, and his only reply was "are you near your computer." That went on about five times before I hung up on him. ... The person in the conversatio...
by cheese_breath
Thu Sep 06, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Phone Calls from Windows saying computer has Malware
Replies: 40
Views: 2190

Re: Phone Calls from Windows saying computer has Malware

I dont think Microsoft (maker of Windows) is staffed enough to run diagnostics on your machine and then link the machine to your phone to call and let you know about it. If they could get into your machine to do diagnostics, why not just fix the problem while they're in there? I imagine half the pe...
by cheese_breath
Wed Sep 05, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Men’s Underwear recommendation
Replies: 67
Views: 6946

Re: Men’s Underwear recommendation

I think they called them manziers on Seinfeld. They had a discussion about manziers, but I think the name they finally settled on for the product was the "Bro". :happy You're right... https://en.wikipedia.org/wiki/The_Doorman "At George's, Kramer and Frank think about going into the bra business wi...
by cheese_breath
Tue Sep 04, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3552

Re: Charitable Tax Deductions

My cost of charity this year has effectively increased significantly. Has the total of your taxes plus charitable contributions increased or decreased? My annual charity includes a few $k in aviation fuel for dog rescues and Angel flights. Haven't yet filed, but charitable contributions will be abo...
by cheese_breath
Tue Sep 04, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3552

Re: Charitable Tax Deductions

My cost of charity this year has effectively increased significantly. Has the total of your taxes plus charitable contributions increased or decreased? My annual charity includes a few $k in aviation fuel for dog rescues and Angel flights. Haven't yet filed, but charitable contributions will be abo...
by cheese_breath
Tue Sep 04, 2018 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Mom had no idea she had over a mil in her Portfolio. What now?
Replies: 25
Views: 5269

Re: Mom had no idea she had over a mil in her Portfolio. What now?

... So her tax bill will already be something to consider, but maybe not because of the long term capital gains tax only affecting those with an income higher than hers correct?... Unfortunately, maybe not correct. LTCGs are income too and count in determining tax brackets. I don't have time to get...
by cheese_breath
Mon Sep 03, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: Medicare Open Enrollment Period Coming Soon
Replies: 40
Views: 2495

Re: Medicare Open Enrollment Period Coming Soon

Medicare does not cover care out of the United States except in very few situations. Medicare Advantage Plans and most supplemental plans cover care out of the United State for emergencies and urgent situations only. If one travels out of the United States one should look into plans for travelers, ...
by cheese_breath
Mon Sep 03, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Medicare Open Enrollment Period Coming Soon
Replies: 40
Views: 2495

Re: Medicare Open Enrollment Period Coming Soon

I'm "lucky." Advantage doesn't really exist in my area. and since I don't take any drugs, my only decision is whether to keep my "cheapest I could find" placeholder as a catastrophic plan or drop Part D entirely and deal with the penalty if I need to get back in. What's your philosophy on auto insu...
by cheese_breath
Mon Sep 03, 2018 9:21 pm
Forum: Personal Consumer Issues
Topic: Medicare Open Enrollment Period Coming Soon
Replies: 40
Views: 2495

Re: Medicare Open Enrollment Period Coming Soon

IMO its better to go without a medicare supplement then without part D because the 20% B charges usually do not amount to much but god forbid you get prescribed a tier 5 drug that can cost 1-10k per month....... Go without a supplement? Well, god forbid you have to be hospitalized. DW's Blue Cross ...
by cheese_breath
Mon Sep 03, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Investing in the food industry
Replies: 13
Views: 890

Re: Investing in the food industry

Dairy products. I can eat enough ice cream so they all turn a profit. :D I have seen estimates that the majority of people on this planet cannot, as adults, digest cow's milk. It's unusual for one species to be able to digest the milk of another. Or to digest milk at all in adulthood. The gene whic...
by cheese_breath
Mon Sep 03, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Buy new (likely new to me) car while I can afford it?
Replies: 14
Views: 866

Re: Buy new (likely new to me) car while I can afford it?

I don't know how to address hoarding, but if you can get a few more years out of the CRV with new brakes and tires that's what I'd do. But save your new car money so you'll have it when you really need a new car. Looking down the long tunnel of time I predict you might need another 2 or 3 cars befor...
by cheese_breath
Sun Sep 02, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: Investing in the food industry
Replies: 13
Views: 890

Re: Investing in the food industry

Dairy products. I can eat enough ice cream so they all turn a profit. :D
by cheese_breath
Sun Sep 02, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

And there's at least one more possibility... Both spouses need LTC concurrently. Then either the children or the state take over and liquidate everything.
by cheese_breath
Sat Sep 01, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

We plan to die at home.... But things don't always go according to plan. MIL wanted to die in her apartment but ended up in the hospital instead. Social services wouldn't let her live alone anymore, so when the hospital released her we took her into our home where she died in hospice. Otherwise she...
by cheese_breath
Sat Sep 01, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

Average stay in assisted living is about three years. In Cali, the cost of a nice assisted living facility is about $5000 per person per month. That's about $180k. Assisted living is one thing, but long term nursing home care can be twice as much for a nice facility. The one I have DW in now in Tex...
by cheese_breath
Sat Sep 01, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5886

Re: Using your home as old age care self-insurance?

I'm presently paying for DW's LTC nursing home from my retirement funds and am getting the paid-off house ready to sell. When it sells I'll just add the proceeds to the pot to give her a few more years. No, I hadn't planned it that way, but that's the plan now.
by cheese_breath
Sat Sep 01, 2018 3:42 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4126

Re: Are CDs considered an investment?

... whereas as investment entails taking on some risk of that you will lose your money in exchange for some chance of increasing in value... Just like at the track or casino? I should have expressly included the common denominator that separates both savings and investments from things like wagers:...
by cheese_breath
Sat Sep 01, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4126

Re: Are CDs considered an investment?

... whereas as investment entails taking on some risk of that you will lose your money in exchange for some chance of increasing in value... Just like at the track or casino? I should have expressly included the common denominator that separates both savings and investments from things like wagers:...
by cheese_breath
Sat Sep 01, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4126

Re: Are CDs considered an investment?

vineviz wrote:
Sat Sep 01, 2018 9:35 am
... whereas as investment entails taking on some risk of that you will lose your money in exchange for some chance of increasing in value...
Just like at the track or casino?
by cheese_breath
Fri Aug 31, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4126

Re: Are CDs considered an investment?

That was a good rate of return. Was that typical in 1982 - 83? Ah. That old devil, money illusion. It was typical in 1982-83. But it wasn't a necessarily very good rate of return. Because inflation had been running at 12-13% per year. More precisely, yes, it was a good rate of return in 1982 , beca...
by cheese_breath
Fri Aug 31, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4126

Re: Are CDs considered an investment?

CD is not an investment. It is just a piggy back for adult. A bank issues CD is an investment: paying less for deposit and lend same money at high rate to make the difference. I would buy dividend paying bank stock. The spread the risk, I will buy different bank stocks. A piggy back? I would never ...
by cheese_breath
Fri Aug 31, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4126

Re: Are CDs considered an investment?

I don't know, and I don't care.
by cheese_breath
Fri Aug 31, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Term life insurance: now or workout first
Replies: 23
Views: 2381

Re: Term life insurance: now or workout first

Assuming you don't overdue it and kill yourself trying to get in shape they might make you take another physical, but that should be about all. But as others have already mentioned, you shouldn't wait. You could get run over by a car before you get back into shape.
by cheese_breath
Thu Aug 30, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Mother-in-law moves in...should she pay for extra household costs?
Replies: 10
Views: 1116

Re: Mother-in-law moves in...should she pay for extra household costs?

Would you feel the same way if it was your mother? Your financial argument is solid, but since it's your husband's mother I suggest being the bigger person and welcome her into your home without cost.
by cheese_breath
Wed Aug 29, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Local community is offering a class on Saving for Retirement
Replies: 11
Views: 570

Re: Local community is offering a class on Saving for Retirement

Instead of spending the $25 on the class, why not spend it on a copy of the Bogleheads’ Guide to Investing? :D ) Right - sorry this wasn't so much of a "I am looking for investment advice" but a "I am curious how good the investment advice being provided is." and if there is anything involving a lo...
by cheese_breath
Wed Aug 29, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

You should find ways to spend the money on your sister while she is alive. The worse the dementia gets the more help she will need. Unless she is fabulously wealthy, she will need more money than she has to pay for her care. This is a non-problem, it will take care of itself unless you twist yourse...
by cheese_breath
Wed Aug 29, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 10480

Re: How do you save money on groceries?

1. Store brands. In most cases they're just as good as the name brands, IMO. 2. Sign up for shoppers savings cards at the grocery stores. Besides in store discounts for card holders they also gave additional on-line discounts if you sign up for that too. 3. Don't shop when you'r hungry. 4. Remember,...
by cheese_breath
Tue Aug 28, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

stargazer, in writing this post I'm thinking about the emotional/familial aspects of the situation. Let's assume, as seems likely, that your sister will predecease all four of her children. What is your own relationship with the 4th child whom your sister wishes to exclude from this money, and what...
by cheese_breath
Tue Aug 28, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

This seems to be a good example of be careful what you ask for. You might not like what you get. OP asked his sister for instructions, and now he doesn't like the ones she gave him.
by cheese_breath
Tue Aug 28, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Installing a new toilet - shut off valve and wax ring
Replies: 33
Views: 2298

Re: Installing a new toilet - shut off valve and wax ring

I go with the plumber. Use the tried and true.
by cheese_breath
Tue Aug 28, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Is a will or living trust necessary?
Replies: 11
Views: 1233

Re: Is a will or living trust necessary?

IMO everyone should have a will to catch anything that might have slipped through the cracks. Case in point, I recently became POA on DW's Chase Bank checking account. (It was necessary in order to update her address since she is unable to do it herself because of her stroke) This account had previo...
by cheese_breath
Tue Aug 28, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

stan1 wrote:
Tue Aug 28, 2018 7:30 am
.... Legally it sounds like the money is yours as your mother left it to you through her estate...
OK, you got me there. I admit it's legally his.
by cheese_breath
Tue Aug 28, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

... The written instructions may pose a problem if you decide to distribute it four ways. Was she lucid when she wrote them? Can you prove she wasn't? In my lay opinion, the written instructions are irrelevant, as the money does not actually belong to her. It is purely an ethical question. OP asked...
by cheese_breath
Tue Aug 28, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

... The written instructions may pose a problem if you decide to distribute it four ways. Was she lucid when she wrote them? Can you prove she wasn't? In my lay opinion, the written instructions are irrelevant, as the money does not actually belong to her. It is purely an ethical question. Mother d...
by cheese_breath
Mon Aug 27, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7588

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

... I have asked my sister for instructions as to how to distribute the funds upon her death. She has given me various instructions at different times, which are contradictory. In one conversation, she urged me to keep the money upon her death. In other conversations she has asked me to distribute ...
by cheese_breath
Mon Aug 27, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Address in Social Security
Replies: 21
Views: 2462

Re: Changing Address in Social Security

Final post in this thread, I hope. Talked to SSA today. DW's address has been updated, and auto deposit into our joint banking account reauthorized.
by cheese_breath
Mon Aug 27, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Modem rental
Replies: 6
Views: 682

Re: Modem rental

Comcast tried it on me, but I nipped it in the bud. Not 4 years later.

I don't suppose you still have the purchase receipt for your modem in some old records do you?