Search found 294 matches

by John Z
Thu Nov 10, 2016 3:07 pm
Forum: Personal Consumer Issues
Topic: CVS Caremark sends unauthorized prescriptions
Replies: 47
Views: 4863

Re: CVS Caremark sends unauthorized prescriptions

Bottom line about CVS/Caremark: They are way too aggressive at filling prescriptions and starting in 2016 I was able to use Walgreens. I will never sign up for a part D plan that uses CVS/Caremark if I have a choice. Here's what happened to me several times (years). I get several 90 day supply presc...
by John Z
Tue Oct 04, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC lenders for borrower with atypical income
Replies: 9
Views: 1133

Re: HELOC lenders for borrower with atypical income

My wife and I ran into a similar problem as retirees when we wanted to buy a detached new construction condo in a nearly completed project last year before we sold our existing condo, sort of a bridge loan. We have plenty of assets, enough to pay cash 3 times the cost of the condo with 800+ credit b...
by John Z
Thu Sep 22, 2016 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable Trust and IRAs
Replies: 7
Views: 916

Re: Revocable Trust and IRAs

Agreed. I think the IRA(s) must be withdrawn over 5 years as opposed to stretching based on beneficiary age. So no reason to put trust as beneficiary. No, if the trust is qualified for look through treatment, the IRA RMDs to the trust would be based on the age of the oldest trust beneficiary includ...
by John Z
Wed Sep 21, 2016 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable Trust and IRAs
Replies: 7
Views: 916

Re: Revocable Trust and IRAs

Agreed. I think the IRA(s) must be withdrawn over 5 years as opposed to stretching based on beneficiary age. So no reason to put trust as beneficiary.
by John Z
Fri Sep 16, 2016 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio
Replies: 3
Views: 674

Re: Retirement Portfolio

And for more ideas on lazy portfolios (150 of them) see:

http://whitecoatinvestor.com/150-portfo ... han-yours/

Not meaning to confuse but to show there are many ways to construct a beneficial portfolio depending on what you want as an asset allocation.
by John Z
Mon Sep 12, 2016 4:56 pm
Forum: Personal Consumer Issues
Topic: 2016 Murano or 2016 Acura MDX
Replies: 36
Views: 5350

Re: 2016 Murano or 2016 Acura MDX

Snowbird and 2015 Murano SL owner here. Bought in FL so no AWD since most driving is in FL even though we live in NH. We go to FL twice during the year, in Jan-May and Oct-midNov returning home for the holidays with side trips while in FL. Of all the vehicles we've ever owned, the zero gravity seats...
by John Z
Wed Aug 24, 2016 2:59 pm
Forum: Personal Consumer Issues
Topic: Seeking advice on what to do about recent property survey/neighbor's driveway
Replies: 34
Views: 3772

Re: Seeking advice on what to do about recent property survey/neighbor's driveway

One suggestion: It doesn't cost that much more to have several properties surveyed since the initial benchmark is found and all plots are based on that. Years ago our new development builder told all of us that the utility poles coincided with our property lines but he neglected to tell us we didn't...
by John Z
Mon Aug 22, 2016 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: retirement websites/books?
Replies: 13
Views: 1932

Re: retirement websites/books?

A new comprehensive book was published earlier this year that should answer most of your questions: Living Off Your Money by Michael H. McClung. If you search on it you'll find plenty of information including the free first 3 chapters. https://www.amazon.com/Living-Off-Your-Money-Retirement/dp/09974...
by John Z
Wed Aug 17, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Utility Holding Strategy - Feedback Please - VUIAX
Replies: 15
Views: 1075

Re: Utility Holding Strategy - Feedback Please - VUIAX

I have looked at VUIAX several times over the years but backed off for a couple of my own reasons whether valid or not: The minimum is 100K, a bit rich for me, but dividends were tempting but to me the future doesn't look favorable: More and more clean air regulations; higher demands requiring more ...
by John Z
Sat Aug 06, 2016 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying Portfolio As We Age
Replies: 1
Views: 471

Re: Simplifying Portfolio As We Age

You can go to the distributions page: https://personal.vanguard.com/us/funds/snapshot?FundId=0527&FundIntExt=INT#tab=4 or you can go to the historical returns page and see the performance broken down into capital return and income return: https://personal.vanguard.com/us/funds/snapshot?FundId=0527&F...
by John Z
Sat Aug 06, 2016 11:12 am
Forum: Personal Consumer Issues
Topic: Connections that save you money
Replies: 51
Views: 7616

Re: Connections that save you money

NISSAN Shoppers in the Southeast: Not a connection and have no affiliation or relatives with this dealer but check out Jenkins Nissan in Lakeland, FL. April 2015 shopping for a 2015 Murano to replace 3 year leased Altima. Contacted (first email then phone) about 15 dealers within a 2 hour drive of D...
by John Z
Tue Aug 02, 2016 12:42 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (July 2016)
Replies: 13
Views: 2669

Re: madsinger monthly report (July 2016)

Thank you kindly again! Every couple of months is fine; even every quarter. Modified coffeehouse 50/50.
by John Z
Sat Jul 30, 2016 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawing from Roth for short term "loan"
Replies: 10
Views: 974

Re: Withdrawing from Roth for short term "loan"

I am doing the same thing but also using part of my TIRA. But remember, once you do this and pay it back you cannot make another "loan" for a 1 year period (sorry, don't know exactly how many days this is) from your TIRA. So we are doing this and not touching the wife's IRA in case the need arises ...
by John Z
Thu Jul 14, 2016 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawing from Roth for short term "loan"
Replies: 10
Views: 974

Re: Withdrawing from Roth for short term "loan"

I am doing the same thing but also using part of my TIRA. But remember, once you do this and pay it back you cannot make another "loan" for a 1 year period (sorry, don't know exactly how many days this is) from your TIRA. So we are doing this and not touching the wife's IRA in case the need arises w...
by John Z
Fri Jun 17, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: Southwest Airlines - Rebooking
Replies: 11
Views: 1131

Re: Southwest Airlines - Rebooking

Yes, have done it a couple of times.
Can't remember the exact steps but you go into your reservation and somewhere there's a path for rebooking. Very easy. If not sure call them and they will be happy to tell you how or even do it for you. Act now while the cheaper fare is still there.
by John Z
Sun Jun 12, 2016 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Question concerning safe withdraw rate
Replies: 23
Views: 2668

Re: question concerning safe withdraw rate

You could be a good candidate for this new book: "Living Off Your Money" discussed here. The first 3 chapters are downloadable for free and contain topics about various withdrawal strategies during retirement. If you want to get deeper, you can purchase the book. It is the best collection of thought...
by John Z
Tue Jun 07, 2016 3:21 pm
Forum: Investing - Theory, News & General
Topic: A couple of Coffeehouse Portfolio Questions
Replies: 29
Views: 5619

Re: A couple of Coffeehouse Portfolio Questions

saxmaam: I see that Bill just replied above and thought he would comment on your question about why not mid caps. I think his philosophy is that his suggested portfolio may not be for everyone and that you can tailor it to what is a best fit for you. But have your fingers in a cross section of the m...
by John Z
Sat Jun 04, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 437
Views: 83376

Re: New Book: Living off Your Money (Michael McClung)

Yes, Chapter 3 made me aware of numerous strategies for withdrawal during retirement, a topic I've been searching for since I retired 4 years ago. Sure, there is plenty of press on constant percentage, constant 4% (or whatever amount you choose) withdrawal, floor and ceiling, etc. But the author pre...
by John Z
Wed Jun 01, 2016 9:02 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (May 2016)
Replies: 14
Views: 2179

Re: madsinger monthly report (May 2016)

Thank you once again!
by John Z
Thu May 26, 2016 10:35 am
Forum: Personal Finance (Not Investing)
Topic: New car buying
Replies: 32
Views: 3335

Re: New car buying

+1 I contacted about a dozen dealers via email and gave my contact info and ended up driving 102 miles in FL for the very best deal that none of the other dealers would touch. They didn't even believe me. Jenkins Nissan in Lakeland. Last year was #4 in volume in US and this year #1 in volume so that...
by John Z
Wed May 25, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of renting Florida place for a month
Replies: 15
Views: 1992

Re: Cost of renting Florida place for a month

NH Snowbird here. Retired mid-2012 and started search for 2013 winter in FL. Used VRBO and paid with credit card through the website to minimize chance of fraud. We were lucky to find a beach condo in New Smyrna Beach for January. Once there and liking it had to visit/inquire over a dozen condos to ...
by John Z
Thu May 12, 2016 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Downsize to One Auto in Retirement ?
Replies: 43
Views: 4793

Re: Downsize to One Auto in Retirement ?

We have 2 cars in NH, one being a 2006 paid for in good shape but when we winter in FL for 5 months we do very well with only the one we drive down.
by John Z
Tue May 10, 2016 8:50 am
Forum: Personal Consumer Issues
Topic: Wife loves here new Speed Queen washer/dryer
Replies: 24
Views: 6275

Re: Wife loves here new Speed Queen washer/dryer

Glad to hear this. We are going on 25+ years with Kenmore washer and gas dryer. At last minor repair asked the guy about replacing units and he said no way, the new ones do not last so keep these running. The only brand he'd recommend is Speed Queen. So when the time comes, it'll be Speed Queen for ...
by John Z
Thu May 05, 2016 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rates
Replies: 51
Views: 9651

Re: Safe withdrawal rates

I keep a running spreadsheet each quarter of total IRA balances in both of our accounts including Roths, then take 1% of that total amount. I don't actually take it or withdraw it but know how much is available as a running total since spending needs vary during the year. This amounts to a bit highe...
by John Z
Sat Apr 30, 2016 2:15 pm
Forum: Investing - Theory, News & General
Topic: Is Coffeehouse Portfolio Not Preferred by BHs?
Replies: 54
Views: 8352

Re: Is Coffeehouse Portfolio Not Preferred by BHs?

I am 3 years retired with now a modified Coffeehouse Portfolio and very satisfied with overall returns, low volatility and the ability to slice and dice when taking withdrawals or converting stocks to bonds. Here's my story. While working had to invest with company 401K choices but upon leaving roll...
by John Z
Sat Apr 30, 2016 9:55 am
Forum: Personal Consumer Issues
Topic: New A/C for Florida Military Rental
Replies: 15
Views: 1915

Re: New A/C for Florida Military Rental

Now that you have "base" information on capacities and prices I would strongly suggest you get at least 2 more quotes. We had to replace our packaged (outside) 3.5 ton unit and found a large difference in prices with 7 quotes. Only sought quotes from referenced and neighborhood recommendations for v...
by John Z
Tue Apr 12, 2016 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: what's your Withdrawal Rate for this and last year?
Replies: 79
Views: 9029

Re: Retirees: what's your Withdrawal Rate for this and last year?

Retired 4 years this July. Both are/will be 69 by July. 50/50 allocation. I have a spreadsheet that I calculate 1% withdrawal of total IRA balance per quarter (which can be slightly higher than 4% annually). My research has shown that the total % is not necessarily the number to look at but WHERE an...
by John Z
Wed Apr 06, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Insurance short changing on hail claim - help!
Replies: 3
Views: 557

Re: Insurance short changing on hail claim - help!

If possible, ask your neighbors how their insurance company handled their cases so you have some comparison/reference point to work from.
by John Z
Sun Feb 28, 2016 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: I am presenting on Vanguard vs. AXA, can you help?
Replies: 54
Views: 4820

Re: I am presenting on Vanguard vs. AXA, can you help?

Digging down to mutual funds on the AXA site, here is the "family of funds" they offer. First, I believe these are all load funds, and secondly, why would anyone need to access/choose from this large list? Keeping it simple, one fund family should be sufficient. Always ask about the COSTS/EXPENSES o...
by John Z
Thu Jan 28, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I invest?
Replies: 25
Views: 2009

Re: i have most of my investments in the S&P 500

A bullet item from the investment news.com website: The global economy becomes more significant by the day as S&P 500 Index companies generate less and less (just 52% in 2014, down from 53.7% in 2013) of their income in the U.S. Investors might be more exposed to global markets than they think. For ...
by John Z
Wed Jan 20, 2016 10:20 am
Forum: Personal Consumer Issues
Topic: Buy a house with pool & What to look for?
Replies: 20
Views: 2384

Re: Buy a house with pool & What to look for?

What type of pool is it: gunite/cement type or liner type? I can only speak about a pool with liner. Bought an older house with a 20x40 pool, perfect for our 3 growing children, wife and me. Used it for nearly 15 years and had to replace pump and filter along the way. Near the end of this period we ...
by John Z
Sun Jan 17, 2016 7:57 pm
Forum: Personal Consumer Issues
Topic: Use Local Dealer for New Vehicle Purchase?
Replies: 21
Views: 2170

Re: Use Local Dealer for New Vehicle Purchase?

In my 40 years of new car buying, and averaging about 6 years per vehicle (2 vehicle family), I've only once purchased from a local dealer mainly because their prices are usually the highest. Always searched for the best price, at least 3 dealers minimum in early years to 7 or 8 using internet recen...
by John Z
Sat Jan 16, 2016 6:12 pm
Forum: Personal Consumer Issues
Topic: How long can I let my car "sit" on vacation?
Replies: 47
Views: 41953

Re: How long can I let my car "sit" on vacation?

We go to FL for the entire winter from NH and my wife's car is in the garage the entire time. My son will start it and drive it at the end of February and then it sits until we get back near Memorial Day. So one start and drive in about 5 months. Has started the last 3 years.
by John Z
Thu Jan 14, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: Help redeeming frequent flyer points for good value?
Replies: 19
Views: 1757

Re: Help redeeming frequent flyer points for good value?

You may want to visit points.com
by John Z
Mon Jan 11, 2016 3:30 pm
Forum: Investing - Theory, News & General
Topic: How common is this [Have more money 10+ years into retirement]
Replies: 72
Views: 10956

Re: How common is this

Been retired for 3.5 years (6-2012), withdrawing 4% yearly with a modified coffeehouse portfolio of 50/50 and have 12% more now than on 6-2012.
by John Z
Mon Jan 04, 2016 1:18 pm
Forum: Personal Consumer Issues
Topic: Replacement air conditioner
Replies: 46
Views: 3640

Re: Replacement air conditioner

Excellent! Hope you enjoy it and the lower bills.
by John Z
Sun Jan 03, 2016 6:10 pm
Forum: Personal Consumer Issues
Topic: Replacement air conditioner
Replies: 46
Views: 3640

Re: Replacement air conditioner

I'm in the same situation as the OP. The unit is very old, don't know old how because the s/m and model info has faded in the sun, but the home inspector advised us to keep the home warranty going as the unit was on it's last legs. Is it better to bite the bullet and pay for the system I want, on m...
by John Z
Sat Jan 02, 2016 5:32 pm
Forum: Personal Consumer Issues
Topic: Replacement air conditioner
Replies: 46
Views: 3640

Re: Replacement air conditioner

This is an excellent time of year to be pricing and replacing AC units: contractors aren't responding to units failing in hot weather; check for manufacturer rebates also during this time of year; Florida Power and Light used to offer rebates on replacing old units with new. Not sure if any tax cred...
by John Z
Wed Dec 30, 2015 5:57 pm
Forum: Personal Consumer Issues
Topic: Who Reads the Comics?
Replies: 44
Views: 3073

Re: Who Reads the Comics?

Dilbert
Beetle Bailey
Born Loser
Blondie/Dagwood
Garfield
Donald Duck
by John Z
Mon Dec 28, 2015 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Article on retirement withdrawal strategy
Replies: 81
Views: 9204

Re: Article on retirement withdrawal strategy

Article on retirement withdrawal strategy Unread postby Happy2BeFree ┬╗ Mon Dec 28, 2015 1:47 pm Happy Holidays, everyone! Would love to hear thoughts and feedback about this article: http://www.caniretireyet.com/new-resear ... trategies/ Wow, this strategy research and info sounds wonderful! I will...
by John Z
Fri Dec 25, 2015 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Performance?
Replies: 45
Views: 5733

Re: Vanguard Personal Performance?

1 YR: .1%
3 YR: 8.0%
5 YR: 8.0%
10 YR: 6.5%

Was 60/40 until 3 years ago, retired and changed to 50/50 and withdrawing 4% per year for 3 years.
by John Z
Fri Dec 04, 2015 10:45 am
Forum: Personal Consumer Issues
Topic: Ford Edge or Nissan Murano or Something Else
Replies: 24
Views: 2973

Re: Ford Edge or Nissan Murano or Something Else

How long will it take this thread to recommend at least once virtually every vehicle that is available in the market? Right on! I figured we'd see many more responses than we have now but being the 2nd or 3rd response I figured I'd get my 2 cents in early. Vehicle choice is very subjective and we a...
by John Z
Thu Dec 03, 2015 9:57 am
Forum: Personal Consumer Issues
Topic: Ford Edge or Nissan Murano or Something Else
Replies: 24
Views: 2973

Re: Ford Edge or Nissan Murano or Something Else

We bought a '15 Murano SL in April, our first SUV. We drive to/from NH-FL 2-4 times a year and this vehicle is the most comforable we've ever sat in. The seats are called Zero gravity and for us 65+ year olds, we aren't as stiff after riding 3-4 hours without stopping as in previous vehicles. It han...
by John Z
Wed Dec 02, 2015 10:45 am
Forum: Investing - Help with Personal Investments
Topic: What to do with Pension when Leaving Job
Replies: 6
Views: 1035

Re: What to do with Pension when Leaving Job

Taxes are due if you rollover into Roth. No taxes due if rollover into traditional IRA. My wife put her pension in Wellesly.
by John Z
Sun Nov 29, 2015 8:27 pm
Forum: Personal Consumer Issues
Topic: I received 'Money' magazine for free. Anyone read it?
Replies: 40
Views: 5948

Re: I received 'Money' magazine for free. Anyone read it?

i subscribed early in my career and learned basic investing "rules" (no load funds, low fees, don't do whole life, etc.). My favorite columnist was Walter Updegrave and when he left, I quit subscribing. He had great down to earth articles that were aimed at keeping your investing expenses low, maxim...
by John Z
Sun Nov 29, 2015 5:32 pm
Forum: Investing - Theory, News & General
Topic: Fixed Asset Allocation for the rest of your life
Replies: 60
Views: 7945

Re: Fixed Asset Allocation for the rest of your life

For those nearing retirement or are already in it, I was wondering if you are planning to/are staying at one AA for the rest of your life? If you are, why and what AA would that be? I'm 66 and have been at 50/50 since retiring 5 years ago. Age 70, retired 4 years, asset allocation has been 50/50 si...
by John Z
Thu Nov 05, 2015 9:10 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 330333

Re: What are you up YTD? [Year To Date]

Up 1.48% YTD as of yesterday. 50/50 modified coffeehouse.
by John Z
Wed Nov 04, 2015 5:25 pm
Forum: Investing - Theory, News & General
Topic: Risky Side of Index Funds
Replies: 38
Views: 5496

Re: Risky Side of Index Funds

As to why VG Index 500 has more than 500 stock holdings, here are a couple of reasons from VG. And this is probably true of any index. Companies are being added and deleted in indexes so you don't want to buy or sell at high points or low points just to be in line with an index. "The portfolio manag...