Search found 1607 matches

by drawpoker
Sat Sep 13, 2014 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: You may want to rethink the odds of ever needing LTCi
Replies: 89
Views: 11830

Re: You may want to rethink the odds of ever needing LTCi

Considering the usual advice is to purchase it while you are still in your fifties - and you still can - how about this instead. Invest in aggressive growth funds whatever you would pay in premiums for this very expensive type of insurance policy for about, say, 15 or 20 years, then use it as the en...
by drawpoker
Sat Sep 13, 2014 10:10 pm
Forum: Personal Consumer Issues
Topic: How to get a child a different teacher after a bad start?
Replies: 30
Views: 3368

Re: How to get a child a different teacher after a bad start

My suggestions: as grandparents, try to stay at least somewhat removed from this and allow the child's parents to handle it. In addition, encourage the parents to teach the child to deal with his frustration and teach him ways to deal with his teacher. Learning to deal with tough situations without...
by drawpoker
Sat Sep 13, 2014 8:47 pm
Forum: Personal Consumer Issues
Topic: How to get a child a different teacher after a bad start?
Replies: 30
Views: 3368

Re: How to get a child a different teacher after a bad start

Are you absolutely certain the problem is with the teacher? Could it be the child is being bullied by other pupils? This happens very frequently, even at the elementary school level. How does the child get to school? Does he ride a bus? It is awfully early in the school year to be asking for a child...
by drawpoker
Fri Sep 12, 2014 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

Actually, the way soc. checks are sent - many people, yes, receive theirs according to when their birthday falls in the month. So you have a grouping of beneficiaries who will receive (bank) on the 2nd, 3rd, or 4th Wednesday each month. Then there is the group who are eligible for their state Medica...
by drawpoker
Fri Sep 12, 2014 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for medicare Oct 1
Replies: 34
Views: 5279

Re: Signing up for medicare Oct 1

This will make you cry but must tell you - here in Maryland I am paying $1,884 yearly for Plan F. (BlueCross-BlueShield) It is not much different in Georgia. $168/month, which is $2016/year. Some companies list outrageous prices. I can't imagine anyone paying $5K for plan F unless they were older a...
by drawpoker
Fri Sep 12, 2014 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

Forgot to add:

And let's lobby the cat food manufacturers aggressively to add more protein to the product !

:P :P :P
by drawpoker
Fri Sep 12, 2014 12:30 pm
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

Probably those tiny little electrical powered heaters that fit in the places prone to the ice dams. Electric scares me. No, it's something else, not electrical. It was actually done on my roof, I just can't remember what the heck it is. When I lived on Long Island they had things called "snow guard...
by drawpoker
Fri Sep 12, 2014 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

...................Where is Lady Geek when we need her? Why? Are you suggesting this thread should be padlocked? It's becoming more difficult to digest. Then quit looking at the gory pictures, and stick with read-only :) :) Seriously, I find it highly interesting. I think if there is any consensus ...
by drawpoker
Fri Sep 12, 2014 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for medicare Oct 1
Replies: 34
Views: 5279

Re: Signing up for medicare Oct 1

"Do agents get more for selling medicare supplement than medicare advantage" ? I know for a fact that with UHC they do. In fact, this has been a sticking point in some places. Under the agreement with AARP, agents get a payment for every single Medigap UHC policy they sell; they get nothing, zero, ...
by drawpoker
Fri Sep 12, 2014 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for medicare Oct 1
Replies: 34
Views: 5279

Re: Signing up for medicare Oct 1

You're right. Georgia Off. of Insurance Commissioner is not exactly keeping pace with the other states, you're not getting your money's worth as a taxpayer! If you click on this, it will re-direct to Medicare dot gov, you can drill thru that using your zip code, then it is cumbersome you have to cli...
by drawpoker
Fri Sep 12, 2014 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

jdb wrote:...................Where is Lady Geek when we need her?
Why? Are you suggesting this thread should be padlocked?
by drawpoker
Fri Sep 12, 2014 11:13 am
Forum: Personal Consumer Issues
Topic: How would you handle this situation ?
Replies: 33
Views: 3667

Re: How would you handle this situation ?

Also, will make a prediction now -
The moderator will soon move this thread from "Personal Finance(Not Investing) to the other board "Personal Consumer Issues"
(recreational pursuits & discretionary spending as sub-category there)
by drawpoker
Fri Sep 12, 2014 11:06 am
Forum: Personal Consumer Issues
Topic: How would you handle this situation ?
Replies: 33
Views: 3667

Re: How would you handle this situation ?

If you were on the receiving end of nasty comments from people in this group when you expressed no interest in these new plans, why would you or your wife even want to stick with them? I, too, am a little confused as to just what a "homogenous cultural group" is. Monthly potluck get-to-gethers are u...
by drawpoker
Fri Sep 12, 2014 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

If you got the house paid off, food and electricity just doesn't cost that much... $30k is plenty of money in a LCOL area. You're not going to travel much, true... but there's usually plenty to do nearby that's free. I have never been a home owner, but based on the discussions with homeowners, I un...
by drawpoker
Fri Sep 12, 2014 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

Most assured it does! The protein level is not quite as high so you have to eat more of the cat tuna.
by drawpoker
Fri Sep 12, 2014 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

If you're thinking that Social Security is a good enough reason for not living below your means and not putting away something now for your retirement -- you're sorta right. You can live on crackers and water a few days a month, too. Just until the next SS deposit makes it into your account. I'm re...
by drawpoker
Thu Sep 11, 2014 9:20 pm
Forum: Personal Consumer Issues
Topic: low expense mobile phone?
Replies: 17
Views: 2430

Re: low expense mobile phone?

I pay Consumer Cellular $17.78 a month for 200 minutes. I could pay around $23 a month and get 600 minutes but I can't see how I would ever use that many. This is calls only, no email, no camera (a bare bones Nokia phone 6 years old). Texts are ten cents extra for each one, but I never use that feat...
by drawpoker
Thu Sep 11, 2014 8:52 pm
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

Probably those tiny little electrical powered heaters that fit in the places prone to the ice dams. Electric scares me. While we're still on the subject, people should remember, with asphalt shingle roofs, the length of time they will last depends on how much direct sun they get, plus how hot the at...
by drawpoker
Thu Sep 11, 2014 8:28 pm
Forum: Personal Consumer Issues
Topic: Refrigerator problem
Replies: 20
Views: 2288

Re: Refrigerator problem

Before you give up and call for the guy with his pants slung down so low (LOL, remember the stereotypical fridge repair guy on the TV sitcoms ) See if you can move it away from the wall and try another outlet to plug it into. With the compressor acting erratic, (voltage pull) it could be a problem w...
by drawpoker
Thu Sep 11, 2014 8:21 pm
Forum: Personal Consumer Issues
Topic: Costco vs Amazon?
Replies: 60
Views: 7119

Re: Costco vs Amazon?

Nearest Costco & Sam's are 36 miles away over bad roads so don't get there much anymore. Amazon dot com turned out to be huge disappointment with 1st purchase of cat litter. Bags that were supposed to weigh 21-22 lbs (they were being sold by the liter) turned out to weigh less than 16 lbs. Major rip...
by drawpoker
Thu Sep 11, 2014 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

My parents .....have 6 kids and we are sending them $500 a month each. You just need a good supporting system, meaning a lot of kids. Hey, I don't care if it is just one person sending $3,000 a month, or six people sending $500 each, I can go for that ! Sounds like a plan! Where do I sign up..........
by drawpoker
Thu Sep 11, 2014 7:34 pm
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

Throw leaf guard gutters on there while you are at it. I thought houses in the Midwest could not have rain gutters on the roof due to the ice-dam effects from winter blizzards. Has that changed? I have no idea. How do we know this is midwest. I only saw "Northern US" - which could be pacific NW or ...
by drawpoker
Thu Sep 11, 2014 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 5224

Re: Quit/retire - should I do this?

2nd flaw: Does your wife have a top-notch disability insurance policy (not the usual skimpy bare bones coverage some employers provide) ? If not, if she became totally disabled next month, what would the loss of that $45K a year in household income do to your plan? Remember, it takes anywhere from ...
by drawpoker
Thu Sep 11, 2014 2:49 pm
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

leonard wrote:
Throw leaf guard gutters on there while you are at it.
I thought houses in the Midwest could not have rain gutters on the roof due to the ice-dam effects from winter blizzards. Has that changed?
by drawpoker
Thu Sep 11, 2014 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

You could do it. About 22% of elderly couples and 47% of unmarried people rely on Social Security for 90% or more of their retirement income.....The average retired worker gets $1,294 per month in social security benefits. To me that information is pretty meaningless. Statistically. So, 47% of unma...
by drawpoker
Thu Sep 11, 2014 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 5224

Re: Quit/retire - should I do this?

3rd flaw: Before you leave your job you must tie up all loose ends of obtaining things right Now - things that are no longer easily obtainable when you are not working. ( You can call yourself "retired" but technically you are just unemployed, LOL) Get the very largest LOC you can from local bank. I...
by drawpoker
Thu Sep 11, 2014 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Do I get a Mortgage or Line of Credit?
Replies: 6
Views: 664

Re: Do I get a Mortgage or Line of Credit?

I concur with the others here. Sounds like a good deal for the bank, bad deal for You. Am wondering if this OP is a first-time home buyer? Sometimes this can be the group that really needs the built-in security and discipline of having taxes and insurance escrowed every month with the loan. This LOC...
by drawpoker
Thu Sep 11, 2014 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 5224

Re: Quit/retire - should I do this?

2nd flaw: Does your wife have a top-notch disability insurance policy (not the usual skimpy bare bones coverage some employers provide) ? If not, if she became totally disabled next month, what would the loss of that $45K a year in household income do to your plan? Remember, it takes anywhere from 2...
by drawpoker
Thu Sep 11, 2014 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 5224

Re: Quit/retire - should I do this?

1st flaw in your plan: Forget about collecting unemployment insurance. Even if you were successful (your company agreed and did not dispute it) you would have to swear under perjury oath every 2 weeks that you were actively looking for a job. Since you don't plan to, you would be committing fraud un...
by drawpoker
Thu Sep 11, 2014 12:40 pm
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

I needed a new roof about 20 years ago. I asked a friend who had worked on roofs in the past how to go about it. He said go down to the local roofing supply house and just "hang around" early in the morning. One of the contractors' employees will/should approach you and ask if you need help with a ...
by drawpoker
Thu Sep 11, 2014 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why COULDN'T we just retire on Social Security?
Replies: 66
Views: 8101

Re: Why COULDN'T we just retire on Social Security?

To be blunt, yes, what you said when opening this thread - people who say retiring on just soc. security is about the worst thing that could happen. They are dead right about that. To begin, SS was never intended to be a program which would pay 100% of living expenses for a senior. It was, and will ...
by drawpoker
Thu Sep 11, 2014 10:28 am
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

re: architectural shingles : Is 20% considered "not much more" ? That is what they run in my area (mid-atlantic) Around here, people buy the architectural shingles for the appearance, as they do dress up the exterior of the house quite a bit. My research did not indicate they were any more durable t...
by drawpoker
Thu Sep 11, 2014 10:19 am
Forum: Investing - Theory, News & General
Topic: bogleheads - can I scale it back?
Replies: 34
Views: 5373

Re: bogleheads - can I scale it back?

The fact that you & your wife do not have life insurance yet is worrisome. Having had a recent baby, it is the most important thing you can do to protect your family. If anything happened to you your wife could not make it on what social security survivor benefits pay. And, if your death occurred ri...
by drawpoker
Thu Sep 11, 2014 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Take money from investments to get better rate on refi?
Replies: 14
Views: 975

Re: Take money from investments to get better rate on refi?

Sounds reasonable but do have 1 question. If you do this, what would you do with the extra $200 a month you will have? Are you planning on spending the $$$, buying restaurant meals, fine wines, other consumer goods (non-appreciating assets) and just enjoying it as more discretionary income? Or will ...
by drawpoker
Thu Sep 11, 2014 9:27 am
Forum: Personal Consumer Issues
Topic: New Roof Needed Soon... Advice?
Replies: 48
Views: 4159

Re: New Roof Needed Soon... Advice?

I sincerely hope you are a male. As a woman (widow) who went thru a re-roofing a while back I was given 2 quotes that were ridiculously high. They saw no male figure present, so must have thought I was just really naïve and would fall for price-gouging. So, like with car buying, if you are a male yo...
by drawpoker
Thu Sep 11, 2014 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Out of Pocket worry (unnecessarily?)
Replies: 16
Views: 1497

Re: Medicare Out of Pocket worry (unnecessarily?)

dolphinsaremammals, looking at Medicare and hospital stays - the key to understanding this is the Part A deductible, which is currently $1,216. This is not a calendar year deductible (like the Part B deductible of $147 ) but rather per benefit period, or per occurrence. The unluckiest sr. citizen in...
by drawpoker
Wed Sep 10, 2014 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: how will paid-off house affect mortgage app for new home?
Replies: 5
Views: 917

Re: how will paid-off house affect mortgage app for new home

Just off the top of my head, yes, if you are required to submit a financial statement (old fashioned assets minus liabilities = net worth) certainly all real estate, especially your principal residence would be listed under assets. But, unless one or both of the applicants are self-employed, I haven...
by drawpoker
Wed Sep 10, 2014 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare problem because of spousal social security?
Replies: 6
Views: 3316

Re: Medicare problem because of spousal social security?

Just so no one will waste precious time calling Medicare with an old-fashioned telephone : If you register your account at MyMedicare dot gov , every time you log on there is a "chat" feature available if you have questions or need confirms. I used this on a Saturday afternoon a couple months ago an...
by drawpoker
Wed Sep 10, 2014 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Professional indemnity insurance
Replies: 4
Views: 576

Re: Professional indemnity insurance

Am not quite understanding why you don't want to just come right out and ask the guy - people do it all the time with home improvement contractors, pet sitters, anyone who is going to be performing work while on your residential premises and there is potential for negligence and resulting property d...
by drawpoker
Wed Sep 10, 2014 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for medicare Oct 1
Replies: 34
Views: 5279

Re: Signing up for medicare Oct 1

Your best bet is to avoid the agents/brokers and go straight to the GA Office of Insurance Commissioner. Hopefully, that office will be like Illinois, Maryland, and many other states where each company's Medigap current premiums are posted online, along with other information as to which plans they ...
by drawpoker
Wed Sep 10, 2014 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Out of Pocket worry (unnecessarily?)
Replies: 16
Views: 1497

Re: Medicare Out of Pocket worry (unnecessarily?)

I believe that type of insurance policy is currently available from a gentleman located in Branson Missouri.
HIs name is the (defrocked) Rev. Jim Bakker and he is on TV every morning at 10 on the Harvest cable channel.
:wink: :wink: :wink: :P :P :P :P
by drawpoker
Wed Sep 10, 2014 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Where can I get a [toddler-friendly weekend] job? Update
Replies: 33
Views: 4777

Re: Where can I get a [toddler-friendly weekend] job?

My friend has a dog walking business. She brings her toddlers along to walk the dogs. She doesn't have a business. She is just taking in extra money walking dogs in her spare time Professional dog walkers and pet sitters carry business insurance and memberships in professional trade organizations f...
by drawpoker
Wed Sep 10, 2014 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for medicare Oct 1
Replies: 34
Views: 5279

Re: Signing up for medicare Oct 1

What about medicare part G vs F? There must be some catch to this. I just read that the only difference is that part G has a $147 yearly deductable, but it costs about $40/month less. That can't be correct. Premium rates are all over the map among companies. Having turned 65 this year I started my ...
by drawpoker
Wed Sep 10, 2014 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Out of Pocket worry (unnecessarily?)
Replies: 16
Views: 1497

Re: Medicare Out of Pocket worry (unnecessarily?)

You're correct on that, I didn't make it clear. Was trying to concentrate on the OP's fixation on the 365 days.
Thanks.
by drawpoker
Wed Sep 10, 2014 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Out of Pocket worry (unnecessarily?)
Replies: 16
Views: 1497

Re: Medicare Out of Pocket worry (unnecessarily?)

" No, I believe the 365 days are AFTER the yearly Medicare limits are used up, so it's even more difficult to run out:"

Yes. That is what we were talking about. Medigap policy benefits , whether for Part A or Part B services, kick in and start paying after Medicare benefit has been used.
by drawpoker
Wed Sep 10, 2014 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What are the benefits of a good credit score?
Replies: 16
Views: 1657

Re: What are the benefits of a good credit score?

In addition to auto and homeowner's insurers checking scores as was pointed out - I believe if you live in one of the states where a surety bond is required before the probate court formally appoints the executor named in the will - the surety firm underwriting the bond will likely run a credit chec...
by drawpoker
Wed Sep 10, 2014 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Out of Pocket worry (unnecessarily?)
Replies: 16
Views: 1497

Re: Medicare Out of Pocket worry (unnecessarily?)

riley42, I would look at it this way: You bought Plan F, the Cadillac of all Medigap policies. There was no other choice to be made that would have given you what you want, an increase in the 365 hospital days, right? To be realistic, what are the odds that you will go over that limit in your lifeti...
by drawpoker
Tue Sep 09, 2014 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: When do you have too many credit cards?
Replies: 16
Views: 1866

Re: When do you have too many credit cards?

I don't think there is such a thing as 'too many" credit cards. As long as you didn't acquire 5 or 6 within a short span of time (like 3-4 months). That type of activity of opening new accounts will definitely put a ding in your credit score. Think I have about 40 altogether, most of which just sit ...
by drawpoker
Tue Sep 09, 2014 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Mortgage Lenders
Replies: 11
Views: 2418

Re: Recommended Mortgage Lenders

Can't recommend any but can tell you who to avoid: Southern Trust Mortgage Bank (mortgage loan headquarters Norfolk VA). 2 years ago thought I would refinance with them, good rep, very favorable terms, etc. Not so! The appraiser they sent didn't know what they were doing, turned in a botched job tha...
by drawpoker
Fri Jun 06, 2014 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Am I A Moron [savings account as an asset class]
Replies: 47
Views: 3877

Re: Am I A Moron [savings account as an asset class]

I think what you're talking about has left the realm of diversification and entered the world of disaster planning. In the event of a worldwide collapse of the financial markets (a popular topic around here these days!), I agree with your friend that a money market account wouldn't be any good. But...