Search found 1222 matches

by HIinvestor
Tue Jun 20, 2017 3:30 am
Forum: Investing - Help with Personal Investments
Topic: Helping my parents with their retirement
Replies: 31
Views: 4422

Re: Helping my parents with their retirement

Be very careful about what your folks have to do to keep health insurance with either or both employers in retirement. With the fed govt, they will pay a big portion of medical premiums for medical insurance if you meet requirements and want it in retirement. It's important to look into these requir...
by HIinvestor
Tue Jun 20, 2017 3:16 am
Forum: Personal Finance (Not Investing)
Topic: Credit card for expat
Replies: 27
Views: 2479

Re: Credit card for expat

CapitolOne Spark business visa gives 2% cash back on everything, no foreign transaction fee but $59/yr charge. Chase United Explorer card has no foreign transaction fee but $95 annual fee. Schwab debit card has no foreign transaction fee and reimbursed for all ATM charges, no limit. If you qualify U...
by HIinvestor
Sun Jun 18, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: What Is The Right Amount For An Emergency Fund?
Replies: 27
Views: 3007

Re: What Is The Right Amount For An Emergency Fund?

For us who are retired or semi-retired, the question is how much do you need to pay your regular bills without having to liquidate assets? Since our incoming monthly pension amounts easily cover those, we really don't NEED an emergency fund but have one anyway, so we can cover additional unexpected ...
by HIinvestor
Tue Jun 13, 2017 3:14 am
Forum: Personal Finance (Not Investing)
Topic: Proof for estimated tax payments
Replies: 23
Views: 2356

Re: Proof for estimated tax payments

I just paid my estimated taxes today online. I use a CC for federal and electronic check for state (the convenience fee is just too high). I use the website www.pay.1040.com. You can use debit or CCard. I use a card that gives a 2.5% rebate but am charged 1.87% convenience fee. I print out my receip...
by HIinvestor
Mon Jun 12, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement or permanent limbo around 50?
Replies: 19
Views: 2622

Re: Retirement or permanent limbo around 50?

H had been concerned for many years that his position with the federal govt would be eliminated. He still as able to love his job for 45 years and retired recently at age 70. Along the way, he ended up doing about 7 people's jobs because after they quit or retired, they didn't hire anyone and he end...
by HIinvestor
Mon Jun 12, 2017 4:15 am
Forum: Personal Finance (Not Investing)
Topic: Name Change After Getting Married
Replies: 17
Views: 2326

Re: Name Change After Getting Married

You also have to get enough certified marriage licenses, which is easiest when its fresh on your mind (easier to do in one fell swoop than piecemeal where some may be forgotten and cause problems when some of the names on your accounts and-- IDs don't match.
by HIinvestor
Mon Jun 12, 2017 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Name Change After Getting Married
Replies: 17
Views: 2326

Re: Name Change After Getting Married

It's just cleanest to get it all done when it's fresher on the mind (tho it is somewhat of a hassle). All the names on official IDs should match and be her correct legal name. I did some right after marrying and some much later.
by HIinvestor
Mon Jun 12, 2017 1:43 am
Forum: Personal Consumer Issues
Topic: Best way to book multi-city international airfare itinerary?
Replies: 23
Views: 2287

Re: Best way to book multi-city international airfare itinerary?

Even if you have insurance, there has to be an available seat on another flight after your missed connection. The insurance will help pay for some costs but can't get a seat on sold out flights, which are very common over holiday periods. I do like the peace of mind from insurance. It's automaticall...
by HIinvestor
Mon Jun 12, 2017 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Inheriting Quandary
Replies: 46
Views: 7473

Re: Inheriting Quandary

When a relative died, there were some real estate and some securities left to the two close surviving siblings. We all opted to gave each of the sibs to gave have one house and share 50/50 in an apartment building that produces positive net cash flow. They also each got 50% of the cash and securitie...
by HIinvestor
Sun Jun 11, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 42028

Re: Regret early retirement/downsizing

H fully retired in 7/2013. He's happy puttering around and doing a ton of deferred maintenance around the house. I work part-time at a nonprofit I started 11 years ago. We go to medical appointments and conferences around the country related to my nonprofit for our travel and travel just because we ...
by HIinvestor
Sun Jun 11, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare users - what type of plan(s) do you use?
Replies: 26
Views: 2936

Re: Medicare users - what type of plan(s) do you use?

There is no "other" allowed for your poll. We use H's former employer's insurance as our secondary to Medicare. It serves as a MediGap policy as well as better than Medicare D (no donut hole for medications).
by HIinvestor
Sat Jun 10, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 4688

Re: Suit for [medical] residency interviews

I'd get a good alterations person and ask their professional advice on hem length with the dress shoes you will be wearing.
by HIinvestor
Sat Jun 10, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 4688

Re: Suit for [medical] residency interviews

These men were older and I really don't think they were being fashion forward. It came across as untidy and distracting, sadly. I've seen it a lot and I makes the wearer look clueless or as if he can't afford simple alterations.
by HIinvestor
Sat Jun 10, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 4688

Re: Suit for residency interviews

PLEASE get your suit fitted with dress shoes and have the trousers hemmed properly. So many men (even respected professionals) have slacks that are way too long and it makes for a very sloppy and unprofessional look). I just returned from a conference and saw many of the physician researcher speaker...
by HIinvestor
Fri Jun 09, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Meeting with retirement guru, specializes in federal govt employees
Replies: 72
Views: 8559

Re: Meeting with retirement guru, specializes in federal govt employees

H retired after over 4 decades with fed govt as civilian with CSRS. So far, we are paying for Medicare A, Medicare B and FEHB family plan. Technically we could dump or opt out of Medicare B for H but in an abundance of caution have chosen to keep and pay for everything. So far, we haven't uncovered ...
by HIinvestor
Fri Jun 09, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Car loan for college student
Replies: 12
Views: 1018

Re: Car loan for college student

Neither we not our kids have ever had any auto loans. (We gifted each kid with a reliable older car.) Both kids have good credit anyway, even with no loans. Both kids are on one of my CCards that I added them to when they started college. S has been working and living on his own since 2011. His cred...
by HIinvestor
Fri Jun 09, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 5545

Re: (Very) Early Retirement vs Parenthood

Like many who have responded, I have two kids. I adore them and can't imagine life without them. That said, we've had some significant challenges, including chronic health issues. The question is really what you and your H really want. Babysitting and spending time with kids is good for helping your...
by HIinvestor
Fri Jun 09, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: How does a mere mortal navigate healthcare/insurance issues
Replies: 55
Views: 6054

Re: How does a mere mortal navigate healthcare/insurance issues

Actually, I think insurers just provide low pay and poor benefits for their customer service reps and hire those willing to accept that. Naturally, such conditions don't attract or retain the best workers. Insurers don't have to actively disqualify competent workers, the law of supply and demand wil...
by HIinvestor
Thu Jun 08, 2017 4:07 am
Forum: Personal Finance (Not Investing)
Topic: How often do you redeem your credit card cash rewards?
Replies: 54
Views: 3800

Re: How often do you redeem your credit card cash rewards?

I am highly variable and cash it after it reaches $500 or $1000+, depending on my mood. Thus often happens every quarter or so.
by HIinvestor
Thu Jun 08, 2017 4:00 am
Forum: Personal Finance (Not Investing)
Topic: How does a mere mortal navigate healthcare/insurance issues
Replies: 55
Views: 6054

Re: How does a mere mortal navigate healthcare/insurance issues

Most of the time I've had pretty good success in talking with my insurer. When I find someone helpful, I get their name and contact info and keep in contact until we resolve whatever the issue is. We have mostly successfully resolved our differences, with them mostly ultimately agreeing with me and ...
by HIinvestor
Tue Jun 06, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: How does a mere mortal navigate healthcare/insurance issues
Replies: 55
Views: 6054

Re: How does a mere mortal navigate healthcare/insurance issues

You may be rejected as a payment if you don't sign their forms without adding verbiage, but if you're willing to take that risk, by all means proceed. At this point, after you've received the services, you still have to appeal to get it resolved in a fairer manner.
by HIinvestor
Tue Jun 06, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16272

Re: Flying first class, business, versus economy.

We have been flying economy plus for several years now. We really like that it has enough room that you can pick up items you may accidentally drop during the flight because there is enough leg room. It's not nearly as posh as 1st class but meets our needs nicely. Most of our flights are 5-11+ hours...
by HIinvestor
Tue Jun 06, 2017 3:47 am
Forum: Personal Finance (Not Investing)
Topic: How does a mere mortal navigate healthcare/insurance issues
Replies: 55
Views: 6054

Re: How does a mere mortal navigate healthcare/insurance issues

Over a decade go, something similar happened to our family, before ACA, when we were covered under a BCBS family plan. S was scheduled at an in-network Med center with an in-network pediatric gastroenterologist. S had a procedure where a pediatric anesthesiologist gave general anesthesia and they di...
by HIinvestor
Sun May 28, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Third-party travel insurance, anyone?
Replies: 34
Views: 2492

Re: Third-party travel insurance, anyone?

One additional thing to consider when going to a remote location (perhaps some not so remote as well) is trip evacuation insurance so you can be flown out if needed for medical treatment, etc. thus is easily more expensive than losing the amount of all your prepaid travel arrangements. It can be 5 o...
by HIinvestor
Sat May 06, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 8792

Re: Stay home with kids?

Choices and having options is a nice place to be. As others have already stated and you have already figured out, financially, your family can afford to do whatever you and they think is best for you and them. Outsourcing "drudge" stuff, cutting back on work schedules, to quitting jobs entirely, whi...
by HIinvestor
Fri May 05, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: Financial Literacy
Replies: 27
Views: 2623

Re: Financial Literacy

I figured it provides some fodder for discussion and of course, YMMV. I pretty much ignored the questions on annuities but I think it's useful to know what's out there and available to the public.

I found it informative to know how many people that answered many of the questions got them wrong.
by HIinvestor
Fri May 05, 2017 3:52 pm
Forum: Investing - Theory, News & General
Topic: Financial Literacy
Replies: 27
Views: 2623

Financial Literacy

Here's a quick quiz to help you figure out if you need to bone up on any financial info. It's a multiple choice quiz that doesn't ask any personally identifying info. Try it!

http://retirement.theamericancollege.ed ... MSFd61514f
by HIinvestor
Mon May 01, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3676

Re: Kamado grill

My H got one of the original ceramic ones decades ago and has been using it to smoke turkeys for Christmas and New Year's. It IS heavy and takes some care but makes the best smoked turkey!

We have no experience with the Costco Big Green Egg, but gave seen it there and the price is decent.
by HIinvestor
Mon May 01, 2017 8:17 pm
Forum: Personal Consumer Issues
Topic: Cost of Estate Planning
Replies: 33
Views: 4727

Re: Cost of Estate Planning

As this thread shows, "it depends." Our personal banker said the attorneys the bank recommended would do all our estate docs for $1000 or less. My relative who is Coro counsel for a bank recommended the son of the late probate judge who gave us a quote of $3500 or so. We really liked him and he has ...
by HIinvestor
Mon May 01, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: If you had 30,000 dollars to invest in your future, how would you do it?
Replies: 49
Views: 5859

Re: If you had 30,000 dollars to invest in your future, how would you do it?

You may wish to check your local community college and instate public U for any courses in fields that may be if interest. A degree and/or license can help you qualify for better-paying jobs with opportunities for promotions and raises
by HIinvestor
Mon May 01, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: Roomba or competitor?
Replies: 18
Views: 2820

Re: Roomba or competitor?

H and I have 2 Roombas. Each of our adult kids also has a Roomba. We prefer Roombas from Costco, so we can return if we have any problems and the price is relatively reasonable. We have been able to get parts as needed from eBay, Amazon and Bed Bath & Beyond at relatively adorable prices as well. We...
by HIinvestor
Mon Apr 03, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 9391

Re: Dream vacation spots?

I've loved Yellowstone, Grand Tetons, Mt Rushmore, Zion, Bryce, Mt Ranier, Crater Lake, Sequioia Bationsl Patk, Mesa Verde, Petrified Forest, Muir Woods, Lake Tahoe, Yosemite, and we are going to Glacier National Park. I love the great outdoors! Have also enjoyed Alaska and long to return, especiall...
by HIinvestor
Mon Apr 03, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 4887

Re: Some Credit Cards Make You Spend More?

We pay more than many minimum spends for our regular estimated taxes for IRS. Getting a nice bonus when you pay the estimated taxes doesn't make me spend more for the taxes. I admit, I could just write a check or do an electronic check payment for the price of a stamp or $1 processing fee, but it's ...
by HIinvestor
Mon Apr 03, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 27810

Re: Low-earners- What is your profession?

My H earned well under $100,000 most of our marriage--under $50,000 for most of it as well. He was a computer systems analyst for the fed govt and had a bunch of different jobs and titles over the 45 years there. I run a nonprofit and make less than I donate to it. When our kids were in college and ...
by HIinvestor
Mon Apr 03, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Where to buy new iPhone
Replies: 41
Views: 4865

Re: Where to buy new iPhone

S bought our iPhones at the Apple Store using his Discover Card. He got 10% discount or maybe it was more and a warranty via the credit card, so Discover reimbursed for replacing cracked phone screens. That was 1/2016, so you have to check current promotions. We like that the phone is totally unlock...
by HIinvestor
Wed Mar 29, 2017 11:23 pm
Forum: Personal Consumer Issues
Topic: quickest or best way to learn Spanish?
Replies: 39
Views: 3597

Re: quickest or best way to learn Spanish?

I've been doing Duolingo--no stress. It's helped me recall some of my 6-7 years of taking Spanish lessons. Lost the HS and college grammar, but it's pretty fun ok.
by HIinvestor
Sun Mar 26, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Child Planning Checklist
Replies: 42
Views: 3791

Re: Child Planning Checklist

We have never bought dressers to this day. We got hand-me-down ones that were going to be tossed by my folks and refurbished. They are all full-size and still as good as they were when we refinished them decades ago. We just borrowed cribs and I believe a playpen (S liked to be put in it so baby sis...
by HIinvestor
Sun Mar 26, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Hospital billing nightmare
Replies: 26
Views: 2962

Re: Hospital billing nightmare

For the $30/month more, it might be worth having baby in BOTH insurance plans so baby is dually enrolled and get better coverage. You can always drop baby from coverage but can only add during qualifying event. I'd talk with your HR person at work about the medical insurance and see if they have som...
by HIinvestor
Fri Mar 24, 2017 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Dizzying Medicare options [in Massachusetts]
Replies: 64
Views: 4512

Re: Dizzying Medicare options

There are basically Medicare A & B, which you are penalized if you don't get when you turn 65 or are no longer covered by an active worker insurance plan. In addition, there is Medicare D which is for prescription drugs. It can be rolled into a Medicare Advantage program that can have many diffe...
by HIinvestor
Thu Mar 23, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: How did you do your income taxes?
Replies: 95
Views: 5798

Re: How did you do your income taxes?

We use a CPA. He has to prepare a K-1 for a real estate partnership and does a nice job of handling all our business, real estate and other tax stuff so we sleep well at night. Neither H nor I feel comfortable doing our taxes ourself as well as the K-1 partnership. We have to get the K-1 to the othe...
by HIinvestor
Thu Mar 23, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off a rental property
Replies: 14
Views: 2059

Re: Paying off a rental property

We have rental properties that have no debt. We prepaid on the loans out of the cash flow to get it paid off sooner. We have an excellent property manager who takes decent care of the rentals and maintenance -- we pay him < 10% of gross rentals. The positive cash flow is useful for repairs, improvem...
by HIinvestor
Thu Mar 23, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Enrolled Agent or CPA for current issues
Replies: 20
Views: 1419

Re: Enrolled Agent or CPA for current issues

I agree that what the total amount of the error would be a factor in figuring out how to go forward. We have found our accountants and CPAs by reputation and referral. Our CPA has indicated he'd represent and assist us if we are ever audited. So far, in the decades we've used CPAs, we've never been ...
by HIinvestor
Tue Mar 21, 2017 4:56 am
Forum: Investing - Help with Personal Investments
Topic: Early retirement: advice on timing, asset types and allocation
Replies: 7
Views: 1330

Re: Early retirement: advice on timing, asset types and allocation

Just curious about your thoughts on how you will get and maintain medical insurance and obtain healthcare. That is a big issue that looms larger as one ages and chronic health problems develop and require ongoing treatment and attention. Also do you ever plan to have kids? How will that affect your ...
by HIinvestor
Mon Mar 20, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 7793

Re: Recommended emergency fund for middle class households: $13,800

We have cash of about a year's income as well as another year's income as our share of a joint business account. Yes it's overkill but yes, we sleep well at night. Our medical insurance has a max out-of-pocket family limit of 5 figures, including copays and Rx. We have hit that limit for individuals...
by HIinvestor
Mon Mar 20, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Malpractice Asset Protection
Replies: 18
Views: 1507

Re: Malpractice Asset Protection

I worked at one of the best law firms in our state for five years. We NEVER pursued MDs personally. That said, they all had sufficient medical malpractice coverage and umbrellas.

Agree that communication with patient and family is key. It reduces the bad consequences of accidents tremendously.
by HIinvestor
Sat Mar 18, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 89
Views: 10903

Re: Best place to get eyeglasses / no vision insurance

We live 5 minutes from Costco and it has been our primary place for glasses and contacts for decades. The prices are reasonable, decent selection, and they provide free service including replacing glasses if they break within a year, free nose pad replacement, free adjustments. If you buy multiple p...
by HIinvestor
Thu Mar 16, 2017 11:14 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 642
Views: 104401

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Chatted with both Fidelity and Schwab about retention and transfer bonuses. Fidelity said only once in a lifetime retention bonus but regular bonuses on NEW funds brought in to Fidelity. Schwab said if I transferred funds into accounts there do my total with them reached milestones such as $1mm, cou...
by HIinvestor
Wed Mar 15, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 113
Views: 10491

Re: Preparing financially for our funerals - prepay or not?

On a related but different note, we bought insurance for my FIL that would and did return his body to HI (from SF) if he died out of state. It was the best $250-500 we ever spent! I believe we may have purchased the casket from Costco as well, but at this point I'm a bit fuzzy on that. Our loved one...
by HIinvestor
Wed Mar 15, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement
Replies: 3
Views: 564

Re: Retirement

Just curious if you've considered an annuity? Since you're older, it would likely have a higher payout than for the younger folks. It can be a good option to consider and supplement your income and social security. That's something we would consider if we didn't have a pension and wanted to guarante...
by HIinvestor
Wed Mar 15, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 28217

Re: Early Retirement - what to do about healthcare?

I'm not sure it is very financially sound to even count on ANY subsidy going forward. The healthcare landscape is definitely under intense scrutiny presently and may well change quite a bit sooner than later. Future subsidies (if any) may also consider all assets of the individual(s), more like fina...