Search found 1490 matches

by HIinvestor
Sun Jan 25, 2015 5:21 pm
Forum: Personal Consumer Issues
Topic: Android or iPhone? Which do you like, and why?
Replies: 40
Views: 3085

Re: Android or iPhone? Which do you like, and why?

We are switching from iPhone 5 to OnePlus One phones that are android. We are excited about trying out these new phones and think they have a lot of potential. They come unlocked and allow a lot of customization, which will be good for the techies in our family. They were only $349 for 64gb and lots...
by HIinvestor
Sun Jan 25, 2015 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Locating deceased person's assets
Replies: 33
Views: 3208

Re: Poll: Locating deceased person's assets

We had to go through the banker's box stuffed with statements and organize them to figure out the major accounts--account names & numbers, as well as types of accounts. They were in mulitple banks and brokerages. It was useful that they were in the banker's box but it did take some organizing and I ...
by HIinvestor
Sun Jan 25, 2015 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Success stories of NOT buying more/too much house
Replies: 65
Views: 10184

Re: Success stories of NOT buying more/too much house

I'd think about and talk to some "empty nesters" about what they're doing with the spare bedrooms now that their kids have moved out to help think about what YOU want your lives to be like once your kids have moved out to college, careers, or their own lives elsewhere. I have many relatives who have...
by HIinvestor
Sun Jan 25, 2015 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: large cash gift from parent - tax considerations
Replies: 32
Views: 4012

Re: large cash gift from parent - tax considerations

Yea, each your mom and your FIL could give each of you $14,000/year with no gift tax implicatoins. That's $14,000 x 6 = $84K. That sounds pretty close to your $100K. If they want to also give the extra $16K, they could give you a short term loan for $16K and forgive it next year. They should charge ...
by HIinvestor
Sun Jan 25, 2015 1:53 am
Forum: Personal Consumer Issues
Topic: Winter Coat
Replies: 65
Views: 11670

Re: Winter Coat

Patagonia's sale this year starts 1/29 - 2/3. I like Columbia and it's Omni-Heat. The reflective barrier does help keep me toasty when others around me are cold. Columbia also has a lifetime warranty and will repair or replace broken gear made by them, no questions asked. They replaced my prior coat...
by HIinvestor
Sun Jan 25, 2015 1:41 am
Forum: Personal Consumer Issues
Topic: Women's Face Moisturizer/Lotion
Replies: 51
Views: 5350

Re: Women's Face Moisturizer/Lotion

My D is allergic to so many brands of moisturizers and I am allergic to others, so we don't ever try to buy skin or face lotions or moisturizers for anyone. We're also highly allergic to scents and just very particular about what we put on our skin and faces. I"d happily accompany someone to have th...
by HIinvestor
Sat Jan 24, 2015 11:08 pm
Forum: Personal Consumer Issues
Topic: Hawaii Visit (Maui). Need advice
Replies: 31
Views: 4011

Re: Hawaii Visit (Maui). Need advice

I'd try to get in a daytime whale watching cruise--your W alone or the two of you together. They are in season right now through about April to May. What part of Maui are you staying in? Does your wife have a vehicle? Does she like horseback riding? There are some horseback rides in Princeville that...
by HIinvestor
Fri Jan 23, 2015 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Terrible ? but...How hard is it to receive life ins payout?
Replies: 15
Views: 2116

Re: Terrible ? but...How hard is it to receive life ins payo

We helped my relative sort out ALL of her bankers box full of bills and statements in the weekend before she died. She mentioned having paid her premium on her life insurance policy and told the executor and attorney who the beneficiaries were (her surviving brothers). We also went through all the s...
by HIinvestor
Fri Jan 23, 2015 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Where to get medallion signature guarantee
Replies: 60
Views: 66625

Re: Where to get medallion signature guarantee

Our local bank and brokerages were able to get us medallion signature guarantees. I agree--call Vanguard and have them solve this issue.
by HIinvestor
Fri Jan 23, 2015 4:00 am
Forum: Personal Finance (Not Investing)
Topic: Terrible ? but...How hard is it to receive life ins payout?
Replies: 15
Views: 2116

Re: Terrible ? but...How hard is it to receive life ins payo

When our relative died, the beneficiaries had to contact the life insurance company. One of them had to submit the death certificate. The funds were paid promptly--I think within 30-60 days of the death, shortly after they received the notarized paperwork. It was quite straightforward. They wouldn't...
by HIinvestor
Fri Jan 23, 2015 12:38 am
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Living Trust Attorney Recommendation
Replies: 16
Views: 1500

Re: SF Bay Area Living Trust Attorney Recommendation

We have been happy with several of the attorneys we have hired who have given free initial consultations and an estmate. Most of them will meet with you to get an indea of the scope of work and provide an estimate before generating documents.
by HIinvestor
Thu Jan 22, 2015 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Personal injury lawyer recommendation needed
Replies: 7
Views: 849

Re: SF Bay Area Personal injury lawyer recommendation needed

The other issue is that if the driver who caused the injury was only minimally insured and doesn't have much in the way of assets, the friend may be looking at a lot of uncovered losses (just to warn you & your friend). I agree that a great PI attorney would be good to have evaluate the case--usuall...
by HIinvestor
Thu Jan 22, 2015 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Living Trust Attorney Recommendation
Replies: 16
Views: 1500

Re: SF Bay Area Living Trust Attorney Recommendation

Agree that estate planning is best left to using a good attorney who will make sure you understand the options and get a complate package that are customized to meet YOUR needs rather than a generic one that may or may NOT meet your specific needs. You can ask for a free initial consultation and est...
by HIinvestor
Thu Jan 22, 2015 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay Area Living Trust Attorney Recommendation
Replies: 16
Views: 1500

Re: SF Bay Area Living Trust Attorney Recommendation

We were very satisfied with Evelyn Low, Corner Law Office. in SF She even makes house calls! She's a great tax attorney and very patient and good with elders.
by HIinvestor
Thu Jan 22, 2015 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 435
Views: 97573

Re: Anyone regret paying off mortgage early?

We are among the throng who are pleased and grateful with finishing paying our mortgage. We prepaid so it would be paid in full before H retired, as we thought our income would significantly drop. If we wanted, we could easily draw on our HELOC, which has never been touched.
by HIinvestor
Wed Jan 21, 2015 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Giving Question
Replies: 10
Views: 802

Re: Charitable Giving Question

A donor advised fund is available at Vanguard, Schwab and Fidelity and allows you to designate a pot of money and direct how it should be invested. You can make "suggestions" as to where the funds should be donated and an administrative fee of 1% is deducted from the fund every year. You can choose ...
by HIinvestor
Wed Jan 21, 2015 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Two CSRS Fed Employees Retiring 2015 - Need Input Please!
Replies: 49
Views: 5803

Re: Two CSR Fed Employees Retiring 2015 - Need Input Please!

A lot depends on whether you're thinking you may need to withdraw from your Roth and whether you have discipline and interest to balance/rebalance.

Glad you're doing the VCP and Roth. I was glad I did it for H. It really boosted his Roth.
by HIinvestor
Wed Jan 21, 2015 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Where to open a free business checking account?
Replies: 16
Views: 2062

Re: Where to open a free business checking account?

We used a local bank. There were two offering free business accounts and we don't keep a very large balance, so I wasn't concerned about not earning interest on the balance. I like being able to go to the teller and have a person I can work with if there are any glitches that occur with our account....
by HIinvestor
Wed Jan 21, 2015 12:39 am
Forum: Investing - Theory, News & General
Topic: "When you've won the game, stop playing"
Replies: 83
Views: 12836

Re: "When you've won the game, stop playing"

Bill, Thanks again for helping be one of the few voices of reason in the noise out there and having the guts to tell it like it is. There are many who can't believe a bull market will even turn into something less rosy and stand to lose A LOT, as you well pointed out. We are slowly getting our cash ...
by HIinvestor
Wed Jan 21, 2015 12:35 am
Forum: Personal Consumer Issues
Topic: $7 gas - what would you do?
Replies: 125
Views: 21955

Re: $7 gas - what would you do?

We haven't really changed much about our driving from when gas was over $4 (approaching $5/gal) in Hawaii to now when it is under $3/gal. We drove as little as possible then and now, as H is retired and I have a LOT of control over how much I work and how much I drive. We drive about under 7500 mile...
by HIinvestor
Tue Jan 20, 2015 2:46 pm
Forum: Investing - Theory, News & General
Topic: “How Does Aging Affect Financial Decision Making?”
Replies: 69
Views: 7175

Re: “How Does Aging Affect Financial Decision Making?”

Yea, I have a relative who LOVES the excitement of day trading. He has decades on me and sadly has lost a bundle over the years, but still loves the money he "makes" from his day trading. He finds passive investing too boring and really just loves excitement. Passive investment requires patience and...
by HIinvestor
Tue Jan 20, 2015 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Two CSRS Fed Employees Retiring 2015 - Need Input Please!
Replies: 49
Views: 5803

Re: Two CSR Fed Employees Retiring 2015 - Need Input Please!

The VCP principal you put in can all be rolled over into other ROTH IRA. The interest earned on that principal while it is in your VCP account can either be taken as a lump sum check or rolled into a tIRA (can't be added to your ROTH IRA). For us, we decided to just keep the interest as a lump sum p...
by HIinvestor
Tue Jan 20, 2015 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 21113

Re: Should I Declare Victory and Pack It In?

If you keep the main house & move to your vacation house, you could rent the main house out and use the money to help with your cash flow and income, if that's something desirable. Of course, there are risks & benefits of being a landlord but it does provide one more income stream and some protectio...
by HIinvestor
Mon Jan 19, 2015 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 21113

Re: Should I Declare Victory and Pack It In?

One other thing--have you considered renting out your home when you move instead of selling it? Some folks like having depreciation and rental income, which helps somewhat with cash flow and keeping up more with inflation.
by HIinvestor
Mon Jan 19, 2015 7:15 pm
Forum: Personal Consumer Issues
Topic: Bumped out of first class at boarding - compensation?
Replies: 61
Views: 11848

Re: Bumped out of first class at boarding - compensation?

Wow, it was nice they threw in the extra miles as well. I hope this is a sign that they may be trying to keep loyal custoemrs instead of ignoring them or chasing them to competitors now.
by HIinvestor
Mon Jan 19, 2015 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Two CSRS Fed Employees Retiring 2015 - Need Input Please!
Replies: 49
Views: 5803

Re: Two CSR Fed Employees Retiring 2015 - Need Input Please!

Yes, you should be fine just rolling it over into an existing Roth IRA. I just created one in an abundance of caution, so we could keep track of the funds that came from the VC account. You can set up a VC account right away and then have to wait until you get an account number to maximally fund it ...
by HIinvestor
Mon Jan 19, 2015 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Two CSRS Fed Employees Retiring 2015 - Need Input Please!
Replies: 49
Views: 5803

Re: Two CSR Fed Employees Retiring 2015 - Need Input Please!

Yes, I rolled H's VCP funds into a tIRA and Roth IRA as well. They didn't transfer until they could finally confirm his total federal basic pay over the decades he was employed, so that was a glitch but otherwise everything went very smoothly. It is the most we have had in a Roth and nice that we di...
by HIinvestor
Mon Jan 19, 2015 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Two CSRS Fed Employees Retiring 2015 - Need Input Please!
Replies: 49
Views: 5803

Re: Two CSR Fed Employees Retiring 2015 - Need Input Please!

It's only for CSRS employees while they are still employed. I pieced together the information by reading a bunch of federal employee forums and we were happy to convert a significant amount of H's lifetime earnings into a Roth IRA> We created the Voluntary Contribution account first with about $1000...
by HIinvestor
Mon Jan 19, 2015 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: RMD withdrawals.
Replies: 43
Views: 5252

Re: RMD withdrawals.

We have several accounts that require RMDs. One automatically gives monthly RMD amounts and corrects in December as needed. The other two, we just take the RMD before 12/31--whenever we decide it's a good time to do. Once we were considering doing a conversion to Roth IRA so we took the RMD and then...
by HIinvestor
Mon Jan 19, 2015 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Two CSRS Fed Employees Retiring 2015 - Need Input Please!
Replies: 49
Views: 5803

Re: Two CSR Fed Employees Retiring 2015 - Need Input Please!

Have you put up to 10% of your after tax lifetime federal income into a Voluntary Contribution Account for each of you? This is a special provision available for CSRS employees and when you have completed your contributions to the Vol Contribution Account, you can roll it over into a Roth IRA for ea...
by HIinvestor
Mon Jan 19, 2015 12:20 am
Forum: Personal Consumer Issues
Topic: "Wining and dining" in medical community
Replies: 35
Views: 4427

Re: "Wining and dining" in medical community

Well, I have relatives that are docs and others who are dentists. The one who is a two-doc couple is the richest by a large margin, but he is also quite astute in investments and a great saver plus will have a guaranteed pension; he drives mostly older vehicles and recently a Nissan Leaf because he ...
by HIinvestor
Sun Jan 18, 2015 11:21 pm
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 162
Views: 26150

Re: What was your costliest investment mistake?

Wow, which ones to choose: 1. DIdn't buy a house when we could for $200,000 but waited until the prices went up 250% before we bought at the height of the market; 2. Used a DWitter broker to get loaded managed mutual funds--Ouch! 3. Bought stocks he and dad recommended & bought high and rode them to...
by HIinvestor
Sun Jan 18, 2015 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: MediCare and ? What are your out of pocket costs please.
Replies: 39
Views: 5749

Re: MediCare and ? What are your out of pocket costs please.

You can also ask your local Department of Health's Executive Office on Aging. They have employees that can talk you through the various options available to you as well as what IS and IS NOT covered, providers in your area, etc. Some will make individual appointments and sit down with you to be sure...
by HIinvestor
Sun Jan 18, 2015 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for baby and one income
Replies: 41
Views: 3599

Re: Preparing for baby and one income

Actually, though it is challenging, many folks have had interruptions in their careers for raising kids, caring for loved ones, etc. and have still been able to get back into the working world. I have held numerous exciting and fascinating jobs since returning to the workforce after taking time out ...
by HIinvestor
Sun Jan 18, 2015 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: What is the median retirement savings by age / age group?
Replies: 11
Views: 3293

Re: What is the median retirement savings by age / age group

If the "avergae" American will be HEAVILY to exclusively relying on Social Security for their retirement years, do you really want to be "average"? That seems like a dangerous way to think, especially if you want to be able to choose where you want to live and it may be a high cost of living area, l...
by HIinvestor
Sun Jan 18, 2015 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: If your networth is over $3 million, how did you do it?
Replies: 322
Views: 73656

Re: If your networth is over $3 million, how did you do it?

Sadly, to live "la vida loca" in Hawaii, it costs quite a bit. Now, for vacationing it is quite possible to live fairly inexpensively, especially if you find a reasonably-priced rental and prepare meals instead of eating out for all your meals. Sadly, HI is really not a great place if you want "low ...
by HIinvestor
Sun Jan 18, 2015 6:08 pm
Forum: Investing - Theory, News & General
Topic: Are there any advisors on this site?
Replies: 30
Views: 3603

Re: Are there any advisors on this site?

We hired an estate attorney to help us with estate planning and draw up appropriate legal documents and get them registered, as well as clearing real estate title. We have our CPA help us with our tax issues and will be having them help us with some financial and retirement planning in 2015. For the...
by HIinvestor
Sun Jan 18, 2015 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for baby and one income
Replies: 41
Views: 3599

Re: Preparing for baby and one income

Also, depending on what W does, she MAY be able to work during her pregnancy. I had a desk job and worked up to Tuesday (baby was born on Thursday). I didn't work on Wednesday just because I wasn't feeling great because the baby kept me up all night Tuesday. I actually preferred working because it w...
by HIinvestor
Sun Jan 18, 2015 4:34 pm
Forum: Personal Consumer Issues
Topic: "Wining and dining" in medical community
Replies: 35
Views: 4427

Re: "Wining and dining" in medical community

Yes, H and I eat out more often than many of the MDs we know, especially since H retired. Many of the AmDs in our state don't show up for the pharma meals either and prefer to have the time instead of having to listen to a pitch and be listed on a database for eating a meal from pharma.
by HIinvestor
Sat Jan 17, 2015 8:28 pm
Forum: Personal Consumer Issues
Topic: Bumped out of first class at boarding - compensation?
Replies: 61
Views: 11848

Re: Bumped out of first class at boarding - compensation?

Congrats on your persistence and getting a positive outcome after your 8 emails. I hope you enjoyed Maui as well. I have not flown United in a pod yet, but our S is a platinum member with them and has flown a LOT of pods. I'm happy with economy plus, as that way I can pick up things I drop on the fl...
by HIinvestor
Sat Jan 17, 2015 8:07 pm
Forum: Personal Consumer Issues
Topic: garbage disposals - are these still used?
Replies: 52
Views: 5926

Re: garbage disposals - are these still used?

Our rental apartment had one and we bought one when we bought our house but NEVER installed it and decided not to ever bother with it. We haven't missed it and have been fine without it for over two decades. I think H grew up without one so he never missed it. The one in our family sometimes worked ...
by HIinvestor
Sat Jan 17, 2015 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 21113

Re: Should I Declare Victory and Pack It In?

Seems like you have the full range of opinions, OP. I too am not certain we will ever collect anything from SS, especially if they start considering your assets in deciding whether to give SS, so we never really included it in our calculations and figure it will be a nice surprise bonus if it happen...
by HIinvestor
Sat Jan 17, 2015 1:16 am
Forum: Personal Finance (Not Investing)
Topic: A quick poll--pension annuity vs. lump sum
Replies: 67
Views: 7231

Re: A quick poll--pension annuity vs. lump sum

Another important consideration is who is holding the pension and how financially secure the company is. IF the company happens to go under, the pension may be sacrificed or significantly reduced. For us, we had a choice as to how much pension I would get as a survivor if H (employee died). He could...
by HIinvestor
Sat Jan 17, 2015 1:07 am
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 21113

Re: Should I Declare Victory and Pack It In?

It sounds like you're a bit conflicted. Is there anyway you can take a vacation for a few months and decide what you want to do? How about scaling back at work and seeing what it's like living on $80-100K/year, without kids to see whether that is comfortable or not. What does your W do/want? Would e...
by HIinvestor
Fri Jan 16, 2015 1:30 am
Forum: Personal Consumer Issues
Topic: Retirees: Do you work part-time for pay?
Replies: 58
Views: 7332

Re: Retirees: Do you work part-time for pay?

H retired in 2012 and was rehired 4 weeks later to work another 6 months. I'm running a nonprofit that is mostly volunteer but I do draw a miniscule stipend every quarter (so I can do a backdoor Roth ira). It's still fun, so I still do it. Will stop when it is no longer fun. We have more than enough...
by HIinvestor
Fri Jan 16, 2015 1:17 am
Forum: Personal Consumer Issues
Topic: Emergency Road Service..........
Replies: 36
Views: 4800

Re: Emergency Road Service..........

We have AAA and made our young adults get AAA with max tow package, as we all have older cars and I don't want any of us stranded with a car. We have reasonably-priced auto insurance with great service, which I don't believe offers towing. Have mostly been very happy with AAa, especially for hotel d...
by HIinvestor
Mon Jan 12, 2015 4:44 pm
Forum: Personal Consumer Issues
Topic: Keeping CC Receipts
Replies: 45
Views: 5283

Re: Keeping CC Receipts

Have had to be extra careful with hotels recently. One charged us for parking two cars when we only had one. The other charged us for parking a car when we had none! I disuputed both before we checked out and they made the appropriate adjustment. It's very irksome when they do these things and if yo...
by HIinvestor
Mon Jan 12, 2015 3:08 am
Forum: Personal Finance (Not Investing)
Topic: Two Homes in Retirement?
Replies: 38
Views: 5612

Re: Two Homes in Retirement?

We had friends who had a house in LA & one in SF. They found it confusing to remember where various items were--in LA or SF home. They had 5 cars I believe--one for each of them at the home and one to leave at the airport. Have lost touch with them, so don't know if they eventually sold one of the h...
by HIinvestor
Mon Jan 12, 2015 2:52 am
Forum: Personal Finance (Not Investing)
Topic: Should pension plans be relied upon for retirement?
Replies: 35
Views: 3996

Re: Should pension plans be relied upon for retirement?

My H and our S both took jobs that probably paid less than they could have made elsewhere because they got a better benefit package including pension for H and some matchng 403K for S with the federal govt. If the fed govt took away H's pension, we would be in a lot of trouble financially, because w...
by HIinvestor
Sun Jan 11, 2015 3:50 am
Forum: Personal Consumer Issues
Topic: Keeping CC Receipts
Replies: 45
Views: 5283

Re: Keeping CC Receipts

Wow, that's pretty bad that the waiter added $10 for each receipt. I hope the waiter got fired and that those folks find a different place to patronize. Sounds pretty bad. I have never noticed any odd charges or people adding anything to the tips we left. When I was in college, I was very scrupulous...