Search found 1788 matches

by Lynette
Wed May 09, 2018 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9562

Re: Does it make sense to rent as a retiree?

We have considered this too. Decided to remain homeowners to protect home as an asset should one of us need long term care and we run out of money. Medicaid allows healthy spouse to keep home. A condo is a nice alternative to single-family house... less to maintain one's self. If single, would stro...
by Lynette
Wed May 09, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9562

Re: Does it make sense to rent as a retiree?

oxothuk wrote:
Sun May 06, 2018 1:22 pm
Another tax consideration is that the extra income from selling your home (which will fund the rent) may push you into IRMAA territory (or a higher IRMAA bracket).
+1
by Lynette
Tue May 08, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Which City to spend 4-6 weeks?
Replies: 48
Views: 5370

Re: Which City to spend 4-6 weeks?

Rome,
London
Paris
by Lynette
Tue May 08, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: When did you start drawing profits from taxable?
Replies: 48
Views: 3833

Re: When did you start drawing profits from taxable?

But I still turn off all the lights when I leave a room... Get Led lights :D I had an electrician install some more lights outside of my house. They are all LED - some are motion detector and others only come on at night. It seems one triggers the other and they all seem to be on at night. Its prob...
by Lynette
Tue May 08, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: [Car accident claim exceeds coverage, send to collection agency?]
Replies: 67
Views: 5498

Re: [Car accident claim exceeds coverage, send to collection agency?]

Buying the minimum car insurance is sometimes the only option. My daughter moved to Detroit, a city full of poor people who drive uninsured because they can't afford car insurance. My daughter is insured at the lowest level, since it's all she can afford. I don't know about the OP's location, but s...
by Lynette
Sat May 05, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

I bought a Japanese car not because it was Japanese but because it obviously met my wants and needs. I didn't see anything in the offerings of Ford or GM that was as suitable. Had I been buying a sedan the Fusion would have been in the list, but most likely would have lost out to a Genesis, which i...
by Lynette
Sat May 05, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thanks. I am a little neurotic about posting photos that may have my location in it but it found this link from Ford: https://www.ford.com/suvs-crossovers/escape/models/escape-sel/ I'm not recommending their products! I get a discount and know how to use the functions on their vehicles. It seems to ...
by Lynette
Fri May 04, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 9397

Re: Bucket List Adventures/Activities

I have visited most of the places I really want to see. I likely went overseas five times a year for 20 years. I have also seen a great deal of the USA. At the moment, I'm really enjoying studying at a community college. Last semester I did Spanish and photography, web design in the summer and then ...
by Lynette
Fri May 04, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

I got my new Escape and I am very pleased with all of the safety features and how it handles. In Michigan I think we have the highest insurance cost in the nation as we have are a no fault state. I was paying about $2,000 a year for my Taurus with State Farm. The sales reps told me that I would get ...
by Lynette
Fri May 04, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

2014 Ford Taurus SEL Owner with Leather/ Backup / Sync / 20" premium wheel options here. Also just bought a new vehicle for the other half, and we did not purchase a 'compact SUV' like everyone else. Here is why - 1) Marketing on these compact SUVs works wonders for the masses. The true utility IMO...
by Lynette
Fri May 04, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thanks DBR but I assume you were looking in the $40,000 range. I can get the Ford products for about $20,000. I always seem to be scratching something or someone scratches me. I read reviews about the automatic braking but it seems that this is only in the top-of-the line products. On this board, y...
by Lynette
Fri May 04, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

I drive both a 2010 toyota camry and an older boxy design, 2012 ford escape. The pluses on the carmry are a softer, quieter ride and better gas mileage, especially on the highway. The positives on the escape are: a better overall view of the road ahead, higher clearance above snow making getting st...
by Lynette
Fri May 04, 2018 5:37 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 5762

Re: How old is too old for a vehicle, even for a well running one ?

It depends on how inconvenient it is for you to get around while your car is being repaired. If you only have one car and need to get to work, it is important to have a reliable car. While I was working I replaced my cars at about 60,000 as I only have one car and I am single. It is expensive and a ...
by Lynette
Fri May 04, 2018 4:59 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thanks for the thought. I suppose it is possible but I would need to have the trunk fixed first and I am not sure if there is any frame damage. I am living a quiet life at the moment as I'm studying at a community college and not traveling - my usual high expense. I have some money in a savings acco...
by Lynette
Thu May 03, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thanks LawEgr1 for your comments on the Taurus. I am retired now and mainly drive around my neighborhood. Sometimes, I transport friends to theater, opera. I do not need much space in the car except when I need to transport soil. I have been redoing my garden, having new drains installed etc. I do n...
by Lynette
Thu May 03, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

I drive both a 2010 toyota camry and an older boxy design, 2012 ford escape. The pluses on the carmry are a softer, quieter ride and better gas mileage, especially on the highway. The positives on the escape are: a better overall view of the road ahead, higher clearance above snow making getting st...
by Lynette
Thu May 03, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

I drive both a 2010 toyota camry and an older boxy design, 2012 ford escape. The pluses on the carmry are a softer, quieter ride and better gas mileage, especially on the highway. The positives on the escape are: a better overall view of the road ahead, higher clearance above snow making getting st...
by Lynette
Thu May 03, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Michigan winters and lack of funding results in us having terrible potholes so a smaller vehicle gives a lousy ride and I feel safer in a larger vehicle in the winter snow though I really don't need it except for carrying soil and trees and plants and ... :D I would appreciate advice from those who...
by Lynette
Thu May 03, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thanks Panine, I've been researching the features of the cars and though I quite like the smaller size of the Fusion, once one starts to add up all of the safety features and packages, it becomes really expensive. A lot of the safety features are only available on the more expensive models. My Tauru...
by Lynette
Thu May 03, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Just because everyone else is going SUV doesn’t mean you should follow the crowd. The Escape is great, but if you don’t have a need for the extra space, I would go with the fusion. One of the things you mention that’s important is ride quality. The Fusion is less choppy than the escape and the hand...
by Lynette
Thu May 03, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thank you JACK FFR1846, Rupert and Midareff. I live in the Detroit area and a lot of industry is associated with the Big Three and a lot of people I know work for them, are their suppliers or sell to them. I think that the dealerships will be trying to dump their sedans at the end of the year and it...
by Lynette
Thu May 03, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Ford is dropping car models because they make more money on SUVs. Gas is creeping up to $3 again and once it's hit, you'll see more demand for better MPG cars and as is usually the case, Honda and Toyota and Nissan will capture lots of new business and the Big 3 will be pushed on their heels trying...
by Lynette
Thu May 03, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

We recently moved to snow country and swapped out both our hatchbacks for compact CUV's. DW loves the higher riding position and feeling of safety. I am indifferent on the higher driving position of my Ford Escape. I detest the abysmal fuel economy, rougher riding, and and worse handling of the Esc...
by Lynette
Thu May 03, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

My story is that a couple of years ago my very old sedan was giving up the ghost and I went shopping for new one. I was appalled at how difficult it is to see out the back and side of current body styles. So I did an internet search on outside visibility ratings of vehicles and found the top rated ...
by Lynette
Thu May 03, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

My story is that a couple of years ago my very old sedan was giving up the ghost and I went shopping for new one. I was appalled at how difficult it is to see out the back and side of current body styles. So I did an internet search on outside visibility ratings of vehicles and found the top rated ...
by Lynette
Thu May 03, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

My story is that a couple of years ago my very old sedan was giving up the ghost and I went shopping for new one. I was appalled at how difficult it is to see out the back and side of current body styles. So I did an internet search on outside visibility ratings of vehicles and found the top rated ...
by Lynette
Thu May 03, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

Re: SUV vs Full Size Car - Taurus or Escape

Thanks Alex9. I think that the gas consumption on the Escape is about the same as the Taurus. It seems everyone is going to SUVs.
by Lynette
Thu May 03, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2921

SUV vs Full Size Car - Taurus or Escape

In the next new months (or sooner) I am going to have to get a new vehicle. I have a 2015 Taurus that has low mileage but for the second time, I backed it up into a large truck and this time damaged the trunk of my car. The guys at the corner oil place banged it out for me and it isn't too bad. Ther...
by Lynette
Tue May 01, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Fiber cable on front lawn
Replies: 39
Views: 2916

Re: Fiber cable on front lawn

I have an Utility pole at the back of my property. One day I noticed an orange cable. I tracked it down - neighbor had had Comcast install a new service. I had nearly cut the cable during gardening. My neighbor did not want to lose service so she called Comcast every day to come. Finally success. I ...
by Lynette
Mon Apr 30, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 10155

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

I know cellphones have taken over the world but this would be a wonderful opportunity to improve their photographic skills if they are remotely interested in this. Even if they don't have a DSLR, cellphones take great photos. Also I know that everyone uses social media but this is an opportunity to ...
by Lynette
Sun Apr 29, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Sansa Clip+ MP3 Player
Replies: 63
Views: 6927

Re: Alternatives to Sansa Clip+ MP3 Player

Victoria, if you don't have WiFi in your apartment, how do you connect your computer to the internet? I'm assuming that you access Bogleheads from your apartment.
by Lynette
Sun Apr 29, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard RMD Service
Replies: 14
Views: 2617

Re: Vanguard RMD Service

Earlier in the year, I sold enough Vanguard ETFs in my IRA to cover RMDs and it went into my sweep account. I was concerned as there were massive gyrations in the market. I had Vanguard make out checks to a few charities to do QCDs. Then I asked Vanguard to withhold a certain amount for state and fe...
by Lynette
Sat Apr 28, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 12176

Re: Amazon to raise Prime membership in US to $119 from $99

I think it is a great service and would pay even more for it. I don't like shopping and even when I am in a store I often cannot find something or someone to tell me where to find it. I have had no problem with the two day delivery or customer service.
by Lynette
Sat Apr 28, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: "Tax-Adjusted Asset Allocation: Is It Necessary?"
Replies: 51
Views: 3290

Re: "Tax-Adjusted Asset Allocation: Is It Necessary?"

I am not taking this into account in planning my AA as I've had 60/40 allocation and see no reason to change. However in tax planning don't forget Medicare IRMAA especially if most of your money is in tax deferred and you do not have low income years to do Roth conversions. I worked into my seventie...
by Lynette
Fri Apr 27, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 3205

Re: Do you sell or donate unused items?

I'm ruthless in donating or dumping stuff I don't use. I donate or recycle,
by Lynette
Fri Apr 27, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: The Paperless Life
Replies: 45
Views: 4546

Re: The Paperless Life

I keep paper copies of all of my year-end tax returns and receipts, house maintenance and improvements. My bills are on auto pay. I have decided to simplify my financial life and only use two brokerage firms, a brick and mortar bank and one online one. I don't open credit cards for bonuses or any ot...
by Lynette
Wed Apr 25, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: MAGI and Medicare Premium
Replies: 17
Views: 2313

Re: MAGI and Medicare Premium

I applied for my Medicare B card four months in advance so that I could have it in time for retirement when my employment ended. I took all of the papers to the SS office. Then I started calling SS, resubmitted paperwork twice. Eventually I went back to the SS office. My HR department had filled in ...
by Lynette
Wed Apr 25, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 48
Views: 3624

Re: New car pickup today.

Dottie, best wishes for the new car. I get angry letters from vendors that I am ignoring their requests to call them for extended warranties on cars I have owned. One is a 2009 car that I no longer own. I even got a detailed breakdown of how much it would cost me to repair a car if I did not take th...
by Lynette
Wed Apr 25, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4784

Re: Is my computer obsolete?

I messed up my desktop and got a new one rather than spend money on fixing it. I had upgraded from Windows 7. The new desktop with Windows 10 did not support my laser desktop that was perfectly good but I had not kept the DVD with the driver. The new desktop with Windows 10 would not download the dr...
by Lynette
Tue Apr 24, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Dividend fund in taxable account during retirement, yea or nay?
Replies: 33
Views: 3232

Re: Dividend fund in taxable account during retirement, yea or nay?

Your situation may vary but for me in retirement, dividends are a real nuisance as they add to my MAGI that is used to determine Medicare IRMAA payments. I have pensions, SS and have to take RMDs. I am not using my taxable account at this stage so anything that adds to my MAGI is a problem. In addit...
by Lynette
Sat Apr 21, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 13101

Re: New retirees: so whatdayathink ?

I worked into my seventies and was able to travel extensively both locally and internationally. In retirement I wanted to spend at least two years learning stuff for which I did not have time while working. I have just completed a semester of Spanish and photography at a community college. I really ...
by Lynette
Thu Apr 19, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: What is best strategy for taking RMD from VG IRA
Replies: 26
Views: 2477

Re: What is best strategy for taking RMD from VG IRA

Yes, but this means that I have to keep track of them. So if I make 30 small QCDs, I have to keep track of all of them. It is much easier if I only have 4 of them that I have to aggregate and on on my 1040. I certainly hope you aren't donating to 30 different charities. Even 10 would be too much fo...
by Lynette
Thu Apr 19, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: What is best strategy for taking RMD from VG IRA
Replies: 26
Views: 2477

Re: What is best strategy for taking RMD from VG IRA

I'm about to request Vanguard to send me a few QCD checks for RMDs. I need to do the same at Vanguard. Earlier in the year I moved the amount of money I needed for RMDs to a Money Market account. I know that some people keep on making QCDs to later in the year and then take their RMD. Tracking QCDs...
by Lynette
Thu Apr 19, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: What is best strategy for taking RMD from VG IRA
Replies: 26
Views: 2477

Re: What is best strategy for taking RMD from VG IRA

I'm about to request Vanguard to send me a few QCD checks for RMDs. I need to do the same at Vanguard. Earlier in the year I moved the amount of money I needed for RMDs to a Money Market account. I know that some people keep on making QCDs to later in the year and then take their RMD. Tracking QCDs...
by Lynette
Thu Apr 19, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: What is best strategy for taking RMD from VG IRA
Replies: 26
Views: 2477

Re: What is best strategy for taking RMD from VG IRA

I'm about to request Vanguard to send me a few QCD checks for RMDs. I need to do the same at Vanguard. Earlier in the year I moved the amount of money I needed for RMDs to a Money Market account. I know that some people keep on making QCDs to later in the year and then take their RMD. Tracking QCDs ...
by Lynette
Wed Apr 18, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5922

Re: PC laptops

Yesterday I bought an Acer Chromebook 15 CB515-1H from Best Buy for about $350. It is made from Aluminium - don't know the pros or cons of that! I love it. I just downloaded Excel from the Google Play Store. I have a Microsoft 365 subscription on another Windows machine so I logged in with that. Exc...
by Lynette
Wed Apr 18, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5922

Re: PC laptops

I recommend Chromebooks to all of my elderly non-techie friends - if they don't need to print. As far as I can tell you either need a wireless printer or another device with a printer attached. I bought a new laser printer last month but was too lazy to try to attach it to my wifi network. If I need...
by Lynette
Tue Apr 17, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 17540

Re: Is Los Angeles a good place long term to live financially?

I’m thinking of moving to LA and spending the rest of my life there, but I’m concerned about the cost. Is LA expensive? And would pursuing my goals be worth the cost of living there and are the costs worth the quality of life I would have there? Some of my goals are: 1. Get an MBA at a good busines...
by Lynette
Tue Apr 17, 2018 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 8007

Re: Help me explain why pre-tax investing can help when retiring in same bracket

My situation is different to most in that I worked into my early seventies, have pensions and SS. It did not occur to me to do Roth conversions in my sixties as I already had a salary and was drawing one pension. Now in my mid seventies I am able to live on my pensions and SS (even after tax). 80% o...