Search found 326 matches

by 2cents2
Sun Sep 11, 2016 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Buyout and LTC
Replies: 20
Views: 2075

Pension Buyout and LTC

I have 2 big decisions to make this month. DH has a pension buyout offer again. (DH said he would prefer that I not post specific numbers.) DH is 61 and I am 60. He left his company several years ago. They made a pension buyout offer in 2014 which he didn't take. The new offer is 16% higher. His pen...
by 2cents2
Sun Sep 11, 2016 3:51 pm
Forum: Personal Consumer Issues
Topic: 2006 mazda miata for daughter, 42k miles, $10k?
Replies: 64
Views: 5923

Re: 2006 mazda miata for daughter, 42k miles, $10k?

You could sell the minivan, buy the Miata (and you drive it) and let your daughter drive the Forester....
by 2cents2
Mon Sep 05, 2016 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 7880

Re: Premium increase for federal employee long term care insurance

Of course, the insurance companies can win. This isn't health insurance where one individual could incur millions of dollars in cost. With LTC, the company knows its max liability for each policy. If your policy says $200/day for 3 years after a 90-day wait, the company knows exactly its liability....
by 2cents2
Wed Aug 31, 2016 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 7880

Re: Premium increase for federal employee long term care insurance

The deadline is getting closer and I still haven't made a decision. I still feel we need to have LTC because I don't feel that DH and I have enough assets to self insure. Here is my rant. Apparently, OPM gets bids from insurance companies to provide LTC for a set period (7 years?)-not forever. Here ...
by 2cents2
Wed Aug 31, 2016 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 7880

Re: Premium increase for federal employee long term care insurance

Th risk management of LTC carriers is one of the worst ever. Actuaries got many things wrong. Lapse was off by 50-100x. Claim duration and benefit utilization assumptions were very wrong. Furthermore, the gap between the time of sale and time of claim created a sense of complete irresponsibility. P...
by 2cents2
Sat Aug 27, 2016 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Fear and Trembling (Aug. 31st is my last day at work)
Replies: 77
Views: 11959

Re: Fear and Trembling (Aug. 31st is my last day at work)

Congratulations on preparing for your retirement so well. I retired almost 5 years ago. I loved my job, but it was time for me to go. Even though I felt I was ready, I still had some moments of doubt. You really can't model every aspect of retirement before you do it. Try to enjoy the next few days ...
by 2cents2
Mon Aug 08, 2016 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me about Expected Family Contribution for college
Replies: 65
Views: 7731

Re: Tell me about Expected Family Contribution for college

On another thread, someone mentioned that the sticker price that I have been budget for with regards to my kids college tuition ($250,000 is my estimate) is perhaps higher than we'd actually have to pay after we fill out the FAFSA form. So, I estimated our expected financial contribution using numb...
by 2cents2
Thu Aug 04, 2016 5:32 pm
Forum: Personal Consumer Issues
Topic: Suckered into Marriott Kauai Timeshare Presentation
Replies: 101
Views: 16101

Re: Suckered into Marriott Kauai Timeshare Presentation

http://www.consumerreports.org/personal-finance/is-a-timeshare-vacation-a-good-value/ For those Bogleheads who love "doing the math" this Consumer Reports article is very well done. Their math analysis is that after thirteen years the math really does pencil out. Remember that Marriott time shares ...
by 2cents2
Wed Aug 03, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Suckered into Marriott Kauai Timeshare Presentation
Replies: 101
Views: 16101

Re: Suckered into Marriott Kauai Timeshare Presentation

The salesperson is not going to let you get the free vacation, not buy a timeshare, and let you walk away feeling great. Making people feel guilty when needed is part of their professional skill set. I suspect that when people think they've gotten away with it, what really happened is that the sale...
by 2cents2
Wed Aug 03, 2016 7:46 am
Forum: Personal Consumer Issues
Topic: Suckered into Marriott Kauai Timeshare Presentation
Replies: 101
Views: 16101

Re: Suckered into Marriott Kauai Timeshare Presentation

1. Set your timer on your phone to keep track of how much time has elapsed (and make sure they don't exceed the agreed upon time commitment to make their pitch). 2. Don't sign anything until your lawyer has reviewed it. I have only attended 2 timeshare presentations (about 30 years apart). Both of ...
by 2cents2
Tue Aug 02, 2016 7:44 am
Forum: Personal Consumer Issues
Topic: Suckered into Marriott Kauai Timeshare Presentation
Replies: 101
Views: 16101

Re: Suckered into Marriott Kauai Timeshare Presentation

1. Set your timer on your phone to keep track of how much time has elapsed (and make sure they don't exceed the agreed upon time commitment to make their pitch). 2. Don't sign anything until your lawyer has reviewed it. I have only attended 2 timeshare presentations (about 30 years apart). Both of t...
by 2cents2
Fri Jul 22, 2016 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Premium increase for federal employee long term care insurance
Replies: 69
Views: 7880

Re: Premium increase for federal employee long term care insurance

I received the dreaded letter and I am trying to decide what to do. I received 4 options--the first 3 of varying inflation protection. The fourth option is kind of interesting--it would provide for the current per day benefit amount up to the amount I have paid in to premiums up to this point (for t...
by 2cents2
Sun Jul 10, 2016 3:14 pm
Forum: Personal Consumer Issues
Topic: Can I get a little house or townhouse for under $400K in Maryland or Virginia?
Replies: 112
Views: 12336

Re: Can I get a little house or townhouse for under $400K in Maryland or Virginia?

I think you should probably be able to find something in that price range with your list of requirements (but, maybe not real close in). But, I believe renting is a good idea. The good news is you can audit classes for free as a resident of VA (must be a resident for at least 1 year prior to the beg...
by 2cents2
Fri Jun 17, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Neighborhood kids setting up lemonade stand on my property
Replies: 102
Views: 9484

Re: Neighborhood kids setting up lemonade stand on my property

Here is an interesting link http://www.today.com/parents/what-do-when-legal-issues-sour-your-lemonade-stand-t26011 It seems a little weird to me that it would be okay to set up a stand ON the sidewalk. While a sidewalk is a public right of way, it would cause an obstruction to foot traffic. I don't ...
by 2cents2
Tue Apr 19, 2016 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 13
Views: 2810

Re: Long Term Care Insurance

I am interested in the guidance you receive for your question. We have had LTCi for about 11 years and have gone through the decision cycle on 3 occasions so far. It was alarming to see an increase, but we felt we still had a need for the insurance (we don't want to impoverish the remaining spouse) ...
by 2cents2
Sun Mar 06, 2016 5:43 am
Forum: Personal Finance (Not Investing)
Topic: The Coming Costco AMEX Rebate Problem
Replies: 19
Views: 3276

Re: The Coming Costco AMEX Rebate Problem

Will they only permit COSTCO Visa cards to be used when they switch?
by 2cents2
Sat Feb 20, 2016 11:40 am
Forum: Personal Consumer Issues
Topic: Anyone ever buy Hilton's Timeshares (HGVC)?
Replies: 39
Views: 7218

Re: Anyone ever buy Hilton's Timeshares (HGVC)?

blackomen wrote: I understand that since I declined Hilton's offer, I'll never be offered these time shares again for the rest of my life but I'm curious if anyone else here actually took Hilton's offer.
It sounds like you chose the grand prize option (if in fact they don't ever contact you again. :happy )
by 2cents2
Tue Feb 09, 2016 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What is your opinion on the Federal goverment retirement plan?
Replies: 57
Views: 11454

Re: What is your opinion on the Federal goverment retirement plan?

Another benefit regarding the Sick Leave is that unused sick leave can be used toward the retirement annuity calculation. "Sick Leave Used in the Computation of an Annuity Unused sick leave will be used in the calculation of an employee's or survivor's annuity based on retirement with an immediate a...
by 2cents2
Mon Feb 01, 2016 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: DOD new pension plan
Replies: 1
Views: 628

Re: DOD new pension plan

There's actually a thread already on this topic:
viewtopic.php?f=2&t=179223
by 2cents2
Mon Feb 01, 2016 1:50 pm
Forum: Personal Consumer Issues
Topic: Manual can opener recommendation
Replies: 45
Views: 5547

Re: Manual can opener recommendation

We bought 3 manual can openers in November: 1. Homdox® Stainless Steel Manual Can Opener, Smooth Edge No Sharp Cuts 2. EZ-DUZ-IT Deluxe Can Opener with Red Grips 3. Bartelli Soft Edge 3-in-1 Manual Safety Can Opener, Jar Opener and Bottle Opener - compact ambidextrous design for right or left handed...
by 2cents2
Sun Dec 27, 2015 7:35 am
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 196
Views: 29241

Re: The Big Short

I thought the movie was very well done. What I liked most about the movie was it sparked discussions about several financial related topics with my movie companions.
by 2cents2
Mon Dec 21, 2015 4:10 am
Forum: Personal Finance (Not Investing)
Topic: EE Series Savings Bonds - paying taxes question
Replies: 14
Views: 4400

Re: EE Series Savings Bonds - paying taxes question

I have some EE Series bonds that are coming due next year. When I cash them out, is there any way I can have taxes withheld from the payout amount? Or will I have to adjust my W2 withholding to make sure the IRS gets enough to cover them? I plan on cashing them out late 2016 after they have stopped...
by 2cents2
Thu Oct 15, 2015 6:07 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38650

Re: Northwest FCU 3-year 3.04% Add-On CD

The only question I have for people who got through is, when you pay the $10 fee does that come out of the deposit that you put into the CD? I transferred $10,000 from my bank account. Should I have transferred $10,010 to cover the fee? I'm worried that I won't meet the minimum now. Yes, you need t...
by 2cents2
Wed Oct 14, 2015 10:02 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38650

Re: Northwest FCU 3-year 3.04% Add-On CD

I started my application for the 3 year CD last Thursday, and just got around to setting up the funding from my bank account. When I went to confirm my app, it said the 3 yr dream CD was no longer available. Guess I waited too long. Oh well. It would be worth a phone call to see if they would honor...
by 2cents2
Wed Oct 14, 2015 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Fair share of expenses for spouses?
Replies: 100
Views: 11563

Re: Fair share of expenses for spouses?

I've thought about this question for a while. DH and I put all our money into one pot (so that I can manage things). But, after it goes into the one pot I try to make our investments so that 50% of the assets are in DH's name alone and 50% of the assets are in my name alone (with the opposite partne...
by 2cents2
Thu Oct 08, 2015 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Where to keep a future downpayment
Replies: 25
Views: 2227

Re: Where to keep a future downpayment

Here is a recent discussion on "Northwest FCU 3-year 3.04% Add-On CD"
viewtopic.php?f=10&t=174898
by 2cents2
Tue Oct 06, 2015 3:49 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38650

Re: Northwest FCU 3-year 3.04% Add-On CD

So, I went in person this afternoon and it only took about 30 mins--about half of that time was waiting for clients ahead of me... I asked how long the customer rep expected this offer to last--he said he didn't know, but would be surprised if it lasted longer than the end of this month. Kevin, Than...
by 2cents2
Sun Oct 04, 2015 2:12 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 361
Views: 38650

Re: Northwest FCU 3-year 3.04% Add-On CD

I wonder if it would be easier to set this up in person?
by 2cents2
Sun Oct 04, 2015 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Disney Is Pricing Itself Out Of Business
Replies: 26
Views: 3579

Re: Disney Is Pricing Itself Out Of Business

Although this doesn't apply to me since I'm not a FL resident, but does Disney still offer the EPCOT after 4pm annual pass for Florida residents or is that gone with the new color coded annual passes? I have held an AP for WDW (non-Florida resident) in one form or another for several years. My curre...
by 2cents2
Fri Oct 02, 2015 10:15 am
Forum: Personal Consumer Issues
Topic: Tropical Storm/Hurricane Joaquin
Replies: 43
Views: 4195

Re: Tropical Storm/Hurricane Joaquin

They are calling for 1-4 inches of rainfall heavy at times overnight....( I am so glad it isn't in the form of frozen precip! I think the conversion factor is around 1 in liquid to 10 in frozen.)
by 2cents2
Thu Oct 01, 2015 1:34 pm
Forum: Personal Consumer Issues
Topic: Tropical Storm/Hurricane Joaquin
Replies: 43
Views: 4195

Re: Tropical Storm/Hurricane Joaquin

^I am making some weekend plans but can delay if necessary. Victoria I think we are going to get plenty of wind and rain (think Nor’easter), but there have been all kinds of different models as to where Joaquin will make landfall. I think the European model has it going out to sea--that is my favor...
by 2cents2
Thu Oct 01, 2015 5:49 am
Forum: Personal Consumer Issues
Topic: Tropical Storm/Hurricane Joaquin
Replies: 43
Views: 4195

Re: Tropical Storm/Hurricane Joaquin

I'd also fill up the bathtub with water. You can dip out of it to fill up your toilet tanks so you can flush the toilets. If you have a pool, pump it down some, you may get a lot of rain. You can also use pool water for toilet flushing. Make sure you've got plenty of TP, paper towels, soap and othe...
by 2cents2
Tue Sep 29, 2015 10:39 am
Forum: Personal Consumer Issues
Topic: TSA pre-check enrollment, is it changing? [Yes, it has changed.]
Replies: 114
Views: 16181

Re: TSA pre-check enrollment, is it changing?

For some of our personal travel my wife and I fly Southwest, and even before I had my KTN they would give me Pre-Check, but not her. On our last two trips though she also was given Pre-Check. Not sure I understand how that happened. DH and I often fly on SWA--even when DH paid the BS fare and I was...
by 2cents2
Tue Sep 29, 2015 10:23 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2014!
Replies: 380
Views: 74038

Re: Roll Call for the Retirement Class of 2014!

Class of 2014: ... 24 Sep - VictoriaF Today is my First Anniversary of Retirement. Here is the Annual Report. I am interested in how other retirees deal with their goals and issues and any comments on mine. Thank you! Victoria Victoria, I was directed over to your annual report from the OMY thread....
by 2cents2
Sun Sep 20, 2015 9:07 am
Forum: Investing - Theory, News & General
Topic: Grandparent contribution to college savings - what to use?
Replies: 30
Views: 1913

Re: Grandparent contribution to college savings - what to use?

529 owned by child is not shielded at all from FAFSA. Neither are UTMA accounts. UTMA accounts may require eventual annual tax returns. I agree that 529 plans are overrated. But they are simple, easy to understand, lots of passively-managed index fund options, and for some states a tax break on con...
by 2cents2
Sun Sep 20, 2015 8:26 am
Forum: Investing - Theory, News & General
Topic: Grandparent contribution to college savings - what to use?
Replies: 30
Views: 1913

Re: Grandparent contribution to college savings - what to use?

I have never heard of a 529 Plan owned by a child. That was true in our state. This goes back quite a few years, but we first saved for our DSs college with savings bonds in his name. Then, when our state started a 529 pre-paid tuition plan, we took the funds from the SBs and put them into the prep...
by 2cents2
Sat Sep 19, 2015 9:29 am
Forum: Personal Finance (Not Investing)
Topic: One more year reflection.
Replies: 91
Views: 15155

Re: One more year reflection.

My whole working career I had planned to retire the second I was eligible to receive my pension. It wasn't that I didn't like my job, I had a great job that I enjoyed very much. The main reason I wanted to retire was there were so many other things that I wanted to do. But, when the time came I ende...
by 2cents2
Fri Sep 18, 2015 9:56 am
Forum: Personal Finance (Not Investing)
Topic: If You Have Savings In Your 20s, You’re Doing Something Wrong [article]
Replies: 148
Views: 16714

Re: If You Have Savings In Your 20s, You’re Doing Something Wrong [article]

I could agree with that advice in college. But, I believe that living below your means should be something that is practiced upon graduation. OTW, it is too easy to live beyond your means--living on credit and spending the next pay increase before you get it and living paycheck to paycheck--it becom...
by 2cents2
Sat Sep 12, 2015 4:56 am
Forum: Personal Finance (Not Investing)
Topic: What does an "emergency fund" mean to you?
Replies: 35
Views: 5310

Re: What does an "emergency fund" mean to you?

We use our emergency fund for (4)-- a combination of things. Both DH and I already receive pensions which pretty much cover expenses. We could also pull money out of our retirement fund penalty free, but I wouldn't want to do that at this point because we work so hard to get the money into the retir...
by 2cents2
Wed Aug 19, 2015 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding Estate Tax - My Fears
Replies: 12
Views: 2755

Re: Avoiding Estate Tax - My Fears

I'm investing in VTI and VXUS, and intend not to sell these and just accumulate, slowly increasing my exposure to bonds as I age, not by selling my stocks but by allocating my new investments and reinvesting my dividends wisely. As such, if things go well, I'd own highly appreciated VTI and VXUS st...
by 2cents2
Thu Aug 13, 2015 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why do certain employers make you wait a year to contribute to 401k?
Replies: 43
Views: 11400

Re: Why do certain employers make you wait a year to contribute to 401k?

It is very aggravating to have to wait. DH's current company has a 3 month waiting period. He went to work in Jan, so he wasn't allowed to contribute until March of that year (he started a few years ago). It was nothing more than a little speed bump. DH just spread out the contributions over 9 month...
by 2cents2
Tue Aug 11, 2015 1:07 pm
Forum: Personal Consumer Issues
Topic: My 2013 Subaru Foresting is getting only 15 MPG around city. Is this low?
Replies: 55
Views: 8011

Re: My 2013 Subaru Foresting is getting only 15 MPG around city. Is this low?

It seems low to me. I used to have a 1999 Subaru Forester and I got about the same mileage as our minivan--around 22 mpg IIRC. But, if all you are doing is driving around the city, then maybe that is the reason. I now have a different car--which gave me pretty good gas mileage when I was driving bac...
by 2cents2
Mon Aug 03, 2015 7:44 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 198
Views: 23204

Re: Would you look down on a co-worker for driving a beater?

I look up to co-workers driving beaters. Beater - freedom! I'm retired now, but that was how it was in the office where I used to work. There is a personal property tax in Virginia that is based on the value of the car. There was an informal competition to see who paid the lowest tax on their commu...
by 2cents2
Mon Jul 27, 2015 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Job with TSP + pension vs 401k 12% cash match
Replies: 16
Views: 2380

Re: Job with TSP + pension vs 401k 12% cash match

What about Paid Time Off (PTO)? DH's current employer does not have sick days -just PTO. And, last fall --the company decided that their overhead was too high, so they reduced everyone's PTO across the board (making it retroactive to the first of the year). Would the holidays off be the same? Will y...
by 2cents2
Thu Jul 23, 2015 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 2833

Re: How long does a company have to deposit withheld 401k funds?

This reminds me of the discussion back in Feb/March:
Time within which employer must remit 401(k) contribution
http://www.bogleheads.org/forum/viewtop ... 2&t=157585
by 2cents2
Tue Jul 21, 2015 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone had experience with missingmoney.com?
Replies: 21
Views: 3294

Re: Has anyone had experience with missingmoney.com?

I have used http://www.missingmoney.com/Main/Index.cfm There was no fee to use the website and it took me to the appropriate state web site. The advantage to using this site is that you can search more than one state. I filed with my state in Feb and received a check in June. Here is the link to the...
by 2cents2
Wed Jul 15, 2015 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Roth to Traditional
Replies: 10
Views: 1143

Re: Roth to Traditional

Not to add to the confusion, but you mentioned you are on active duty and will be getting out of the service within an year. Currently, you have one of the lowest fee 401K type plans available to you. It is called the TSP. You can only fund it through payroll deductions (I believe you can sign up fo...
by 2cents2
Mon Jul 13, 2015 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Bracing Myself for Taxes and Looking for Advice
Replies: 6
Views: 779

Re: Bracing Myself for Taxes and Looking for Advice

It is good that you are looking into this midyear (and not at the end of the year).

I have had pretty good luck using the IRS withholding calculator to help figure out federal withholding.

http://www.irs.gov/Individuals/IRS-With ... Calculator