Search found 1531 matches

by HIinvestor
Wed Mar 21, 2018 3:30 am
Forum: Personal Finance (Not Investing)
Topic: help! I want to treat heirs equally
Replies: 38
Views: 5544

Re: help! I want to treat heirs equally

Just to add, with some families, no matter what people will find a way to be offended and find it unfair. With other families, they really are happy if their loved ones are provided for, even if that means they receive less or even nothing. We try to make significant gifts while we are alive to watc...
by HIinvestor
Mon Mar 19, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Retire at 38?
Replies: 118
Views: 13135

Re: Can I Retire at 38?

Life is about trade offs. What will you get vs what will you give up by retiring now at 38. You do need to calculate what you spend each year + how much your medical insurance and costs will be annually. Do you plan to stay in CA, with its HCOL or relocating and where? Funding for your kids educatio...
by HIinvestor
Mon Mar 19, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Leave Inheritance - IRA or Home Equity?
Replies: 17
Views: 2255

Re: Best Way to Leave Inheritance - IRA or Home Equity?

Dunno,our S is 30 and has a 6 figure net worth that keeps growing. I personally don’t see him destroyed by any inheritances or gifts we give him now or in the future. Our D has a 5 figure net worth and so far has handled all the cash gifts she’s received well. I don’t know the future but don’t see h...
by HIinvestor
Mon Mar 19, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 6106

Re: Retirement will cost the average American $828,000

Well, IF one has a good Medicare supplement or Medigap plan or insurance plan, there IS no bill after the Medicare + other coverage. That’s how things work for H between Medicare and his medical insurance coverage.
by HIinvestor
Mon Mar 19, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 6106

Re: Retirement will cost the average American $828,000

H and I are each spending over $46,000/yr in retirement. We have been doing so since H retired 5+ years ago and will be able to continue doing so indefinitely with H’s pension, real estate rentals and retirement RMDs.

We do live in a VHCOL living area but have no debt nor mortgage.
by HIinvestor
Sun Mar 18, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Leave Inheritance - IRA or Home Equity?
Replies: 17
Views: 2255

Re: Best Way to Leave Inheritance - IRA or Home Equity?

It is true that it is helpful to gift significant assets while you are alive to see how your loved ones handle them The the extent you are SURE you won’t need them to help pay for your needs in old age. We have gifted our kids some substantial assets over the past few years and have been very please...
by HIinvestor
Sun Mar 18, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: How much money can a CPA save you?
Replies: 52
Views: 6119

Re: How much money can a CPA save you?

It’s not money the cpa saves us as much as time and stress. I rather the cpa do it all and so does H. We have a rental partnership as well as a separately owned rental. I’m also an independent contractor and an employee and H is an annuitant. We also have an adult dependent. I’m sure we COULD do our...
by HIinvestor
Sun Mar 18, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Leave Inheritance - IRA or Home Equity?
Replies: 17
Views: 2255

Re: Best Way to Leave Inheritance - IRA or Home Equity?

I suspect that we will do as H’s sister did and leave behind a mix of assets. All were appreciated by the beneficiaries—equity in real estate, inherited IRAs, life insurance and taxable accounts. H and I plan to not leave debts for our kids and some assets. To the extent possible, we plan not to spe...
by HIinvestor
Thu Mar 15, 2018 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: What address do people put if they live in their car?
Replies: 37
Views: 5293

Re: What address do people put if they live in their car?

Depending on the person and situation, some federally qualified community health centers provide mail service for the patients they serve, since many are houseless and nomadic. I believe Post Office Box rentals, either USPS or privately operated are a nominal monthly or semi-annual or annual charge....
by HIinvestor
Thu Mar 15, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 32339

Re: Those with high savings rate: why?

We enjoy living below our means and can and do buy what we need and much of what we want. We like having savings and investments, as it gives us and our kids more options. H retired when he was no longer enjoying his job and I am cutting back and doing more of what I enjoy and less of things I disli...
by HIinvestor
Thu Mar 15, 2018 8:11 pm
Forum: Personal Consumer Issues
Topic: How to buy a safe "power bank" to replace my recalled AmazonBasics unit?
Replies: 60
Views: 4742

Re: How to buy a safe "power bank" to replace my recalled AmazonBasics unit?

We have been happy and satisfied with the external batteries we get from Costco, Royal Power Boost Turbo and the two slimmer models we recently also acquired. The Royal will power my iPhone 6s up to 4 or more times or my iPad mini a few times and iPhones a few.
by HIinvestor
Wed Mar 14, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out inherited IRA or just take RMD's?
Replies: 19
Views: 1601

Re: Cash out inherited IRA or just take RMD's?

Taking the RMDs makes it like an annuity for you. That’s a GOOD thing. Invest it wisely and you can get a nice stream of RMDs. Sorry for the long as of your loved one.

You can always cash it out later at age 59.5 if needed.
by HIinvestor
Tue Mar 13, 2018 1:45 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 43554

Re: What frugal thing did you do today?

Well, we went to Costco and bought a phone set--5 receivers with batteries and an answering machine for $120. It has Bluetooth capability, if and when we want that as well. Also bought just ONE other thing there instead of a huge amount of "stuff." We were happy to be in and out. Ate dinner we prepa...
by HIinvestor
Mon Mar 12, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Incorrect medical report
Replies: 31
Views: 2276

Re: Incorrect medical report

I try to have the Rx list correct as to names if Rx, strengths and dosing so that it is as accurate as possible. I just like medical records to be correct, including info about allergies and adverse events. My Rx list is currently correct in at least 1 database, the one my internist and lung special...
by HIinvestor
Mon Mar 12, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5487

Re: Bicycle Commuting in LA - Thoughts?

I think you’d have to weigh any fitness gains vs more danger of being hit by car and also inhaling more pollution and small particulate matter. Somehow bikes and traffic are a very bad mix, in my mind.
by HIinvestor
Mon Mar 12, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Incorrect medical report
Replies: 31
Views: 2276

Re: Incorrect medical report

Sometimes quite a bit of persistence is required to get a medical record corrected. I had incorrect listing of my medications for over a year despite asking in person at each visit of both the clerical staff and medical assistant that it be corrected and giving a corrected list of the Rx to the offi...
by HIinvestor
Mon Mar 12, 2018 3:49 am
Forum: Investing - Help with Personal Investments
Topic: PedalPub investment
Replies: 22
Views: 2188

Re: PedalPub investment

Hawaii has these, at least in Honolulu. I think I have only seen them twice — once with a few lonely - looking passengers anc the other time no one wanted to ride so the”bartender” kept trying unsuccessfully to attract customers. It seems like a tough way to earn $$ from what I’ve seen. Our state ha...
by HIinvestor
Sat Mar 03, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: What will you do with your tax refund?
Replies: 87
Views: 6276

Re: What will you do with your tax refund?

We always apply ours toward estimated taxes so never receive a penny in cash or our accounts. Most times the tax is pretty close to what we’ve paid in estimated taxes but sometimes it’s pretty far off due to fluctuating income and dividends.
by HIinvestor
Sat Mar 03, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: Lost social security card, steps to take?
Replies: 34
Views: 2589

Re: Lost social security card, steps to take?

Most recently I needed my SS card to renew my Real ID Driver’s License. The only other ID they would accept in lieu of original SS card was Medicare Card (which I don’t have as I have not yet enrolled and don’t yet qualify). I also had to produce my old DL, my current, valid passport and 2 utility b...
by HIinvestor
Sat Mar 03, 2018 4:49 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 39327

Re: What UN-frugal thing do you do?

Buying presents for loved ones—is a joy to me as the giver and brings joy to the recipients. :-) Technically i guess it is an unfrugal thing but great fun! We are planning to buy a new vehicle to replace our 19 and 20 year old vehicles, one day. Since both vehicles are going strong, we don’t yet kno...
by HIinvestor
Fri Mar 02, 2018 3:46 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed After Rear Ended Collision
Replies: 31
Views: 3446

Re: Advice Needed After Rear Ended Collision

Just a thought about next steps once you resolve this particular incident: I’d shop around to see if you can find insurance known for treating their policyholders well. We use an independent insurance agent. She helps us find the best rates with companies that treat policyholders well. To me the pea...
by HIinvestor
Fri Mar 02, 2018 3:35 am
Forum: Personal Consumer Issues
Topic: Strategies for getting out of a car dealership quickly?
Replies: 78
Views: 7393

Re: Strategies for getting out of a car dealership quickly?

Congrats, OP for standing your ground and getting the cancellation you wanted. I agree that if only buy an extended warranty directly from the manufacturer. I was able to get GM to give me a free extended warranty once and bought one from Toyota. I would also rate poorly someone who strung me along ...
by HIinvestor
Fri Mar 02, 2018 1:12 am
Forum: Investing - Help with Personal Investments
Topic: IRA phaseout range
Replies: 4
Views: 490

Re: IRA phaseout range

I generally have the amount I can contribute when we do our taxes, just to be safe. I agree that it’s better than having to undo an excess contribution or similar.
by HIinvestor
Tue Feb 27, 2018 1:02 am
Forum: Personal Consumer Issues
Topic: Wide ankle high comfy walking shoes for @@ Hawaiian Feet???
Replies: 42
Views: 2459

Re: Wide ankle high comfy walking shoes for @@ Hawaiian Feet???

This is the brand my BIL just introduced us to today. He wore them for the first time and was pleasantly surprised at how comfortable the are. He grew up in HI with very wide feet as well. H and I plan to give them a try. https://www.orthofeet.com/collections/men-shoes https://www.orthofeet.com/coll...
by HIinvestor
Mon Feb 26, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 107
Views: 5314

Re: Thoughts on Credit Cards??

I personally like the benefits and protections of credit cards: extended warranty, CDW for car rental, travel insurance, etc., as well as the cashback and points toward whatever you choose.
by HIinvestor
Mon Feb 26, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Laid off 3 years before plan, should I retire anyway?
Replies: 59
Views: 6334

Re: Laid off 3 years before plan, should I retire anyway?

OP says $850K after selling expenses. Seller can shelter $500k from capital gains due to marital exclusion of residential real estate. OP can buy a new property for $350K or more, wherever he and his W decide to settle. I’d agree that renting for a year or at least many months before buying is prude...
by HIinvestor
Sat Feb 24, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: Atlantic Article: This Is What Life Without Retirement Savings Looks Like
Replies: 26
Views: 4847

Re: Atlantic Article: This Is What Life Without Retirement Savings Looks Like

Pretty scary that According to the article, over 1/2 the single homeless are folks over 50—yikes! That doesn’t bode well at all. :(
by HIinvestor
Sat Feb 24, 2018 7:28 pm
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 83
Views: 5874

Re: Favorite socks?

I like Thorlo socks. I have mostly all black socks, two pairs of navy, one of white. I also have two pairs that are a bit longer for airline travel so they’re no gap between slacks and socks. For Christmas, bought some packs if Costco wool socks and H, D, S and I love them. The price was very reason...
by HIinvestor
Fri Feb 23, 2018 12:01 am
Forum: Investing - Help with Personal Investments
Topic: reverse mortgages
Replies: 3
Views: 514

Re: reverse mortgages

They have quite a lot of fees and the amount your were loaned, interest and all fees are immediately due and owing if you are no longer living in the house full time. Read the terms very carefully and be sure you understand what you’re getting into. There may be much better options.
by HIinvestor
Thu Feb 22, 2018 11:57 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 39327

Re: What UN-frugal thing do you do?

We live in VHCOL Honolulu (as does most of my extended family). We also continue to fully support our D, including all medical and living expenses, even though she graduated debt-free from expensive private U, as did S (who supports himself). We also enjoy eating out, travel, and cooking when we fee...
by HIinvestor
Wed Feb 21, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Clever phishing -- be careful!
Replies: 21
Views: 1679

Re: Clever phishing -- be careful!

I always call back my institutions with the phone number printed on my CC or statement. I try not to take chances with all the pfishing going on. I limit most of our CC purchases to one CC and check that regularly.
by HIinvestor
Wed Feb 21, 2018 3:40 am
Forum: Investing - Theory, News & General
Topic: Statistic:Percent of people in LTC with a surviving spouse?
Replies: 8
Views: 1192

Re: Statistic:Percent of people in LTC with a surviving spouse?

LTC insurance varies—read the terms and conditions as well as info about premiums and benefits very carefully before purchasing. Many people are NOT getting what they expect, paying for decades only to be denied when they apply for benefits. Others find premiums sharply rise as they get older, makin...
by HIinvestor
Wed Feb 21, 2018 1:41 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 43554

Re: What frugal thing did you do today?

The past two days I called Citi about their CC statements. On one, they took/stole $.59 from me and called it an inactivity fee. I asked the Custoner Service Rep where it describes this in my card agreement. He said he had never heard Uc it and apologized and gave me an extra $10 cash back for my Co...
by HIinvestor
Mon Feb 19, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8659

Re: Effect of spending money on appearance in career

I’d agree that it’s a good idea to meet with personal shopper at your favorite upscale store about updating your classic work wardrobe and seriously looking for a new job where you will be properly valued. Depending on the pieces you already have, the financial cost can be fairly low to freshen and ...
by HIinvestor
Mon Feb 19, 2018 1:36 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 6825

Re: Sams Club vs Costco

You are probably right that the individual stores for Sam’s and Costco may vary their inventory somewhat, based on community location. Overall though, in our state it does seem that Costco does aim for middle to upper income folks, generally while Sam’s seems to go for mid to lower income. It’s just...
by HIinvestor
Mon Feb 19, 2018 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Emergency costs
Replies: 22
Views: 1519

Re: Emergency costs

The max generally we are out of pocket for a medical emergency is the annual out of pocket catastrophic limit set forth on our policy (currently in our case, $xxxx per person and 3xxxx per family. If H had lost his job when he was the sole or major breadwinner, we figured we would could get a home e...
by HIinvestor
Mon Feb 19, 2018 12:49 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 6825

Re: Sams Club vs Costco

They have much nicer clothing items and better clothing quality at Costco than Sam’s (we are members of both). They bring in more designer luggage at Costco than Sam’s (bought some Briggs & Riley wheelaboard suitcases for 33-50% off at Costco but never saw anything similar at Sam’s). Sam’s does sell...
by HIinvestor
Sun Feb 18, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 10553

Re: Do you wear a wedding band? [at a job interview]

I’ve been wearing my engagement and wedding ring since I got them over 3 decades ago. My H wore his wedding ring for a few years and then was pulling cable at work and had to take his ring off for safety. It was found in the parking lot at his office. The jeweler was able to smooth out the rough spo...
by HIinvestor
Sun Feb 18, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: Signed up for American Express - "Premium" car rental insurance
Replies: 46
Views: 5475

Re: Signed up for American Express - "Premium" car rental insurance

When we had the rear window replaced because a thief smashed it to grab and steal S’s backpack in the car, there was no loss of use charge tacked on and Chase promptly reimbursed us the entire $455+ amount we were charged by the Rental company when we submitted documents requested. Yes, we do pay $9...
by HIinvestor
Sat Feb 17, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: Cell phone service
Replies: 38
Views: 3131

Re: Cell phone service

So much depends on usage. We travel but mostly to large cities. We get poor coverage when we are in National parks, but we don’t go there to be on our phones anyway, so we are fine with that. Our S and D use lots of data, so we like the unlimited no throttle data we get from T-Mobile we are ok with ...
by HIinvestor
Fri Feb 16, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Signed up for American Express - "Premium" car rental insurance
Replies: 46
Views: 5475

Re: Signed up for American Express - "Premium" car rental insurance

We have Chase Sapphire Preferred with free CDW rental. We have made a claim because thieves broke rear hatchback window and got full refund of amount we paid, no fuss. That alone paid for several years of the $95/year annual fee.
by HIinvestor
Tue Feb 13, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 53
Views: 6472

Re: Accountant not doing taxes while you are there

Our CPAs all have us discuss our documents during our appointment with them and then call us up to pick up the documents and provide any checks and sign anything that needs a signature sometime in April before taxes (or extension) are due. I haven't had any of our preparers do our returns while we a...
by HIinvestor
Fri Feb 09, 2018 3:05 am
Forum: Personal Consumer Issues
Topic: Best Valentines Day Gift
Replies: 12
Views: 1902

Re: Best Valentines Day Gift

Time together
2nd best is sending a loved one yummy munchies they live and can’t buy where they live (sent them to each Uc my kids)
by HIinvestor
Thu Feb 08, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 25939

Re: free dinner investing seminar

H and I invited our neighbors to one of these presentations which was held at a nice hotel. If I recall it was a pitch from Ameriprise. None of us was interested or could really figure out exactly what was being sold. My neighbor won the drawing for a free AmEx gift card for $50 it $100. We never go...
by HIinvestor
Wed Feb 07, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Niagara falls US side
Replies: 27
Views: 1875

Re: Niagara falls US side

A few years ago, we spent a week at Niagra Falls. Most of our time was spent on the Canadian side, which was safe and pretty. We stayed at a very reasonably-priced Hilton Garden Inn. We also spent some time at Niagra on the Lake, which is a short drive from the Canadian Niagra Falls. We all brought ...
by HIinvestor
Wed Feb 07, 2018 2:32 am
Forum: Personal Consumer Issues
Topic: Visiting SAN FRANCISCO
Replies: 31
Views: 2339

Re: Visiting SAN FRANCISCO

If you like Irish Coffee, Buena Vista near Fisherman’s Wharf and Ghiradelli’s Square is where it all started. I can never get enough of Muir Woods but have not tried the reservations system. Clement Street on the Avenues also has Chinese and Vietnamese food with street parking.
by HIinvestor
Tue Feb 06, 2018 4:21 am
Forum: Personal Consumer Issues
Topic: Vacation options for wide age-range of children?
Replies: 27
Views: 1890

Re: Vacation options for wide age-range of children?

Yellowstone is lovely but you have to hustle if you want reservations in the park. If you want to stay near the entrance in Gardiner, Absorka Lodge has a lot of rustic cabins and a store and restaurants. You can get picked up and have a private tour with your own private guide with Yellowstone Assoc...
by HIinvestor
Tue Feb 06, 2018 4:13 am
Forum: Personal Finance (Not Investing)
Topic: Considering solar on my home
Replies: 18
Views: 1799

Re: Considering solar on my home

We have about 9 panels on our roof. When we installed photovoltaic, we were told by the company we bought the system from that it would only be $500 to take off the panels and inverters and put them back on a new roof. Other areas and more panels may have different pricing.
by HIinvestor
Mon Feb 05, 2018 7:20 pm
Forum: Personal Consumer Issues
Topic: Washer/Dryer longevity ?
Replies: 69
Views: 6663

Re: Washer/Dryer longevity ?

So much depends on what's wrong. When our 20+ year old dryer abruptly stopped working, we called in the appliance repair guy and he said that honestly he thinks that my old Maytag washer and dryer (both purchased in 1988 or so) are better than anything currently on the market. He repaired it (replac...
by HIinvestor
Sun Feb 04, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3996

Re: Do you live on a budget?

Actually have never had a budget. We did toy with it a few times but never got serious about it and never even stuck with quicken more than a month or few trying to log expenses and categorize. We live below our means and have more than we will likely spend in our lifetimes. When I was a student, FA...