Search found 119 matches

by Wenonah
Sun Apr 18, 2021 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Job Dilemma
Replies: 68
Views: 7377

Re: Job Dilemma

Not many people make 210k, let alone in a job they like that is low stress with good bosses. Keep it, especially with kids in the future. Live now, have friends over for dinner, give yourself time to exercise, have a hobby, and enjoy your family and friends. You can't get these years back . . for wh...
by Wenonah
Sun Apr 18, 2021 12:41 am
Forum: Personal Finance (Not Investing)
Topic: New vs used car in a strong used car market
Replies: 41
Views: 3114

Re: New vs used car in a strong used car market

We just bought a 2018 Kia Sorento--great safety ratings, great reviews, drives smoothly, tows 5000 lbs, lots of cubbies, plenty of cargo space, etc
by Wenonah
Sat Feb 20, 2021 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need multiple credit cards to build credit?
Replies: 12
Views: 909

Re: Do we need multiple credit cards to build credit?

Clark Howard just talked about it on his podcast and he said you need two cards from different issuers, but they can be the same type. For instance, you can have a Visa from a credit union and a Visa from Chase. Here is some info from his website (which is great btw.) https://clark.com/credit-cards/...
by Wenonah
Sun Feb 14, 2021 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Financial tools mentioned on the forum - strengths and weaknesses
Replies: 38
Views: 5004

Re: Financial tools mentioned on the forum - strengths and weaknesses

Open Source to figure out when to take SS. It was great, but the tricky thing is it will make a recommendation based on a total number over your lifetime, but we figured out that we would get 300.00 less over 30 years if I took SS at 62 & my husband at 70, but they recommended I take it at 66.
by Wenonah
Mon Jan 25, 2021 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Advice for a mid-30s humanities graduate student
Replies: 127
Views: 9926

Re: Advice for a mid-30s humanities graduate student

Just because you have a Humanities degree doesn't mean you have to make less than 75,000.00 My daughter got a liberal arts degree and ended up using her writing, organizing, etc. to work in Healthcare and she is making over 80 at 29 years old and getting regular raises.
by Wenonah
Fri Jan 22, 2021 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate investment with daughter
Replies: 21
Views: 1875

Re: Real estate investment with daughter

OK. Sorry, I did Not mean to imply that she was buying a 700,000.00 home on her 75,000.00 a year salary. Exactly the opposite. I said we are looking at a home for 330,000.00. She couldn't do that with 20,000.00 saved. The point is we would help her with the downpayment and [she lives in a High Cost ...
by Wenonah
Fri Jan 22, 2021 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Health Care Costs In Early Retirement
Replies: 32
Views: 4323

Re: Health Care Costs In Early Retirement

We are paying 730.00 a month EACH until we hit 65. Ex teachers. I have 4 more years, my husband 2. We retired "early" and get our insurance through the state. That's over 17,000.00 plus any money for crowns, a portion of glasses, etc. Seems like 20,000.00 seems spot on!
by Wenonah
Fri Jan 22, 2021 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate investment with daughter
Replies: 21
Views: 1875

Real estate investment with daughter

Tell me what to look out for. My single, 28 year old daughter lives in a HCOL area and the average house costs 700+ but she wants to be a homeowner someday. She makes 75,000.00 a year, but has 20k or more saved for a house. She thinks she will move in a few years to another area, which won't be too ...
by Wenonah
Tue Jan 19, 2021 11:42 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 164
Views: 12907

Re: Shopping for college

My daughter went to a private school where the list price (for tuition and boarding) a few years ago was 50,000.00, but she only paid 22,000.00.Four four years. Middle class kid with good extracurriculars and good SAT scores, but that was it. Don't discount the private colleges, is my point.
by Wenonah
Tue Jan 12, 2021 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Ugh Vanguard! May have to leave. They made a huge error.
Replies: 223
Views: 25570

Re: Ugh Vanguard! May have to leave. They made a huge error.

That is a huge error and with that amount of money, they should have double checked. That being said, I agree about social media and Vanguard's bad service being anecdotal. They are a huge company and we Bogleheads focus on them, so we hear more than the average person about mistakes. But last week ...
by Wenonah
Thu Dec 24, 2020 1:24 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1080
Views: 49245

Re: Bird watchers – what birds are you seeing?

Last week I saw 127 Hooded mergansers fly in from Puget Sound on to a freshwater pond right before sunset...a few at a time. Then the males were displaying for the females. Sent my friend a week later and she saw four! Last week I saw a northern bob white which is not a regular here in the PNW.
by Wenonah
Sat Dec 12, 2020 7:50 pm
Forum: Personal Consumer Issues
Topic: Favorite Travel Experiences
Replies: 178
Views: 12953

Re: Favorite Travel Experiences

Amsterdam--riding bikes like the locals & the canals, flowers, small restaurants, water, museums Denali National Park Grand Canyon Hiking to a different Italian village in the Cinque Terra about 4 years ago; my 23 year old daughter invited me to part of her 6 week trip around Europe. I almost sa...
by Wenonah
Tue Nov 24, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: A month in Tucson?
Replies: 10
Views: 1744

Re: A month in Tucson?

You have given me some great ideas, and we will use the outdoor trips in our planning. So is the Rialto river trip different than the Loop trail? I will write down the museums and indoor ideas for another trip as we will not be going inside any museums due to Covid. That's one of the reasons I am a ...
by Wenonah
Mon Nov 23, 2020 7:13 pm
Forum: Personal Consumer Issues
Topic: A month in Tucson?
Replies: 10
Views: 1744

A month in Tucson?

I am trying to decide exactly when and how long to go to Tucson this winter. We are going to rent through VRBO and I found something near the 132 mile loop trail near the Catalina Hills and about 3.5 miles from U of A and 2 miles from 1.3 from the botanical gardens. That being said we are early 60s,...
by Wenonah
Tue Nov 10, 2020 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Friend to refinance house for repairs
Replies: 8
Views: 720

Re: Friend to refinance house for repairs

Good point. She probably will. Thanks for the thoughts. Anyone else?
by Wenonah
Tue Nov 10, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Friend to refinance house for repairs
Replies: 8
Views: 720

Friend to refinance house for repairs

So today my newly retired 66 year old friend told me she has a a few thousand dollars left on her mortgage, but she might refinance her house to get a lower interest rate and apparently to have lower payments so she can fix up her house. She said "it will be cheaper than getting a loan." S...
by Wenonah
Sat Oct 10, 2020 9:21 pm
Forum: Personal Investments
Topic: Roth conversions. Am I done?
Replies: 17
Views: 2130

Re: Roth conversions. Am I done?

The OP talked about RPM's. Can you tell me what this is? (Not revolutions per minute, I figure...) Thanks.
by Wenonah
Thu Sep 24, 2020 11:57 pm
Forum: Personal Consumer Issues
Topic: Tuscon area in February
Replies: 3
Views: 529

Tuscon area in February

We are considering either camping with our pop up trailer or renting an apartment or Airbnb for the month of February near Tucson. We like to hike and bike and love the outdoors, are 60-ish and retired. Deciding on where to camp or rent for a month is overwhelming because we have only been there onc...
by Wenonah
Mon Sep 21, 2020 2:04 pm
Forum: Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 112
Views: 16786

Re: Can I afford a $1,400,000 house

What if you make a mistake and get fired or hate your job?
What would Warren Buffet do? He's rich because he didn't live like he was rich.
You might want to read The Millionaire Next Door.
by Wenonah
Fri Jul 17, 2020 10:18 am
Forum: Personal Investments
Topic: Dept of Retirement Services $
Replies: 3
Views: 601

Re: Dept of Retirement Services $

Thank you for that info. Also, we are both just separated from service and not yet getting our pension (plan 3). Does that matter?
by Wenonah
Thu Jul 16, 2020 10:54 pm
Forum: Personal Consumer Issues
Topic: Retirees: How you spend your time?
Replies: 63
Views: 7818

Re: Retirees: How you spend your time?

Like everyone, lots of things cancelled. Love to travel and camp, so instead of Europe we are camping within our state We ride bikes I go on long walks with friends and myself. Tap Dance. I have no dancing experience, but joined a group and now I love it! We are now doing Zoom Lessons. We used to do...
by Wenonah
Thu Jul 16, 2020 8:09 pm
Forum: Personal Investments
Topic: Dept of Retirement Services $
Replies: 3
Views: 601

Dept of Retirement Services $

I am a member of the WA state Teacher's Retirement and have posted questions about Roth conversions before, but today I am wondering if the money I have in the state's Plan 3 Defined contribution, which I can decide how to invest...is it able to be converted to a Roth? Can I transfer it to a Traditi...
by Wenonah
Mon Jul 13, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming teacher after reaching FIRE? Advice needed!
Replies: 86
Views: 7448

Re: Becoming teacher after reaching FIRE? Advice needed!

I say go for it! I am a recent teaching retiree & currently a student teaching supervisor for a local college. (my DH was math/science teacher and most of my family members teach....) My niece just got two job offers to teach middle school math, and she is a first year teacher on her second care...
by Wenonah
Thu May 07, 2020 9:48 am
Forum: Personal Investments
Topic: Retirement Withdrawal via stocks, bonds?
Replies: 9
Views: 836

Re: Retirement Withdrawal via stocks, bonds?

Thanks for your help. We have discussed the Roth conversions and thanks, Celia for laying out some facts for us in a concise way. And Silk, thanks for the idea about dividends. We do have some money stashed away in a savings account, so another idea is to use some of that monthly. And Offgrider, why...
by Wenonah
Wed May 06, 2020 1:38 pm
Forum: Personal Investments
Topic: Retirement Withdrawal via stocks, bonds?
Replies: 9
Views: 836

Retirement Withdrawal via stocks, bonds?

We are a retired couple (for 1.5 years,) 60 & 62 and have a managed portfolio through Vanguard where we are withdrawing 6500.00 monthly. Our QUESTION: Is there any reason, during these unstable times, that we should be taking money from our stocks. Shouldn't we just take money from our bonds? Fr...
by Wenonah
Wed Apr 29, 2020 12:15 am
Forum: Personal Consumer Issues
Topic: Highlander or RAV4
Replies: 57
Views: 3595

Re: Highlander or RAV4

I had a Highlander for a couple years and it was hard to park--like driving a truck-- and I hated the dashboard. Bought a Subaru Forester.
by Wenonah
Wed Apr 29, 2020 12:11 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1080
Views: 49245

Re: Bird watchers – what birds are you seeing?

I have been regularly seeing a pair of Downy woodpeckers in my yard, lots of pine siskin, towhees, black capped chickadees, chestnut backed chickadees, house finches, and today, a pair of Yellow rumped warblers. At a marshy area last week I saw yellow warblers and common yellowthroats.
by Wenonah
Sun Feb 23, 2020 10:11 pm
Forum: Personal Investments
Topic: Holistic Financial Advice Please
Replies: 42
Views: 5292

Re: Holistic Financial Advice Please

Sounds like you are doing well, but you still have to pay for college, so a private school may not be a good idea. There are usually alternative schools, magnet schools, part time on line classes, etc. if there is an issue. As a 30 year middle and high school teacher, I get that ms is hard, kids can...
by Wenonah
Thu Feb 13, 2020 11:49 am
Forum: Personal Investments
Topic: Financial Strategies _during_ retirement
Replies: 11
Views: 1476

Re: Financial Strategies _during_ retirement

What about Personal Advisor Services from Vanguard if they need some direction and/or confidence.
https://investor.vanguard.com/advice/personal-advisor
by Wenonah
Tue Feb 11, 2020 10:21 pm
Forum: Personal Consumer Issues
Topic: Help Middle Schooler Improve Writing Skills
Replies: 17
Views: 1097

Re: Help Middle Schooler Improve Writing Skills

Or....have him do some writing for you and about every four entries have him pick the one he wants to share with you. That way he may actually enjoy writing and write better because you are not reading/critiquing every entry. Also, what about getting him a notebook and letting him buy some stickers/...
by Wenonah
Tue Feb 11, 2020 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to consider quitting my job?
Replies: 128
Views: 14461

Re: Am I crazy to consider quitting my job?

Honestly, Do NOT quit your job. You are only working three days a week. That is PERFECT. You need to have your own career in case of disability, death, or divorce, AND sanity. Being a full time mom is super hard, but being a mostly full time mom is a ton easier. You need that intellectual stimulatio...
by Wenonah
Fri Feb 07, 2020 2:09 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to build this house?
Replies: 38
Views: 4611

Re: Can we afford to build this house?

Read "The Millionaire Next Door" before you build.
by Wenonah
Sat Jan 25, 2020 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Rental House Investment
Replies: 12
Views: 1632

Re: Rental House Investment

I recommend you check out/contact Paula Pant. She has active rentals in places she does not live.
by Wenonah
Tue Jan 07, 2020 11:32 pm
Forum: Personal Consumer Issues
Topic: Irrational Fear of Injury in Small Car?
Replies: 124
Views: 8390

Re: Irrational Fear of Injury in Small Car?

One of my main considerations when buying a car is the safety rating you used from the Highway Safety Institute. They having only been doing the small overlap test for a few years. If you like your left leg and want to lessen your worries, go buy a new car. How about a Forester? or an Outback? https...
by Wenonah
Sun Dec 29, 2019 12:34 am
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2693

Re: How to pay for Roth conversion

"Do you have a Long Term Care insurance policy? If not, then protect your Pre-tax funds to pay for major medical expenses, and take the tax deduction to substantially reduce taxes due on withdrawls from a pre-tax source." I am confused as to what the above quote means MJS....Can you explai...
by Wenonah
Fri Dec 27, 2019 2:43 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2693

Re: How to pay for Roth conversion

Yes, Mathwizard, ours looks very much the same. But my husband is on a plant-based diet and has lost 50 pounds and exercises regularly, so who knows about the mortality thing! Thank you for the reminder about one person having to file as a single later. We will continue to run the numbers. You folks...
by Wenonah
Fri Dec 27, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Thoughts on House Size to Family Size
Replies: 53
Views: 4536

Re: Boglehead Thoughts on House Size to Family Size

The bigger it is, the less of a cozy family feel there is. We moved into a bigger house when the kids were in elementary and we lost some togetherness. Good luck
by Wenonah
Fri Dec 27, 2019 11:41 am
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2693

Re: How to pay for Roth conversion

"So you've got: - 40K in pension income once you both reach 65 - About 40K in SS income once you both file - 650K in "defined contribution" portion of pension, but do I understand correctly that this works more like an 401k or IRA? And it's all tax-deferred (no Roth)? And completely s...
by Wenonah
Thu Dec 26, 2019 8:13 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2693

Re: How to pay for Roth conversion

Yes, please help me do the math. Thank you. I was directed to the IORP site, but that didn't work for me. In addition to the above info, husband will get 22,800 and I will get 17,316 at 65 and we get a 3% COLA each year until 65 (even if we don't take it till 65) and continuing thereafter because we...
by Wenonah
Thu Dec 26, 2019 7:34 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2693

Re: How to pay for Roth conversion

I can't figure out if it's worth it or not. I have talked to several "experts"

"What makes you think that makes sense?" RMD's when we are 70. Be gentle--thinking I am asking in a safe place.
by Wenonah
Thu Dec 26, 2019 6:00 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2693

How to pay for Roth conversion

Is it ALWAYS a bad idea to use funds from IRA's to pay for taxes for a Roth conversion? We are 60 and 62,(22% bracket) but can't get our pensions of 23,000 (him) and 17,000 (me) until we are 65. We have 110,000 (him) and 92,000 (me) in IRA's, and we are living off of other investments till 65. When ...
by Wenonah
Wed Nov 27, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: New job opportunity, tough decision
Replies: 54
Views: 4264

Re: New job opportunity, tough decision

Did you say what type of job? Are the workers healthy? smokers? educated? do any of them bike or do they go 4 wheeling and you won't be able to relate? The deal is, you are at a university-- you are hanging out with a bunch of educated people whose company values you as a professional, giving you ti...
by Wenonah
Mon Nov 18, 2019 6:07 pm
Forum: Personal Investments
Topic: Roth conversion calculator?
Replies: 7
Views: 872

Re: Roth conversion calculator?

Thank you for the resources. Also, is it crazy to use money from the IRA's we are converting to pay the taxes? Does it make much of a difference in the long run?
by Wenonah
Mon Nov 18, 2019 12:19 pm
Forum: Personal Investments
Topic: Roth conversion calculator?
Replies: 7
Views: 872

Roth conversion calculator?

I am looking for a calculator that can help us decide if we should do Roth conversions. Can anyone steer me in the right direction?
by Wenonah
Sun Nov 17, 2019 1:08 am
Forum: Personal Investments
Topic: Whats your favorite financial related site? (news, tips, anything!)
Replies: 23
Views: 2749

Re: Whats your favorite financial related site? (news, tips, anything!)

Clark Howard/clark.com
Mr. Money Mustache
Paula Pant
The Mad Fientist
Jill Schlesinger
by Wenonah
Thu Nov 14, 2019 11:40 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1770

Re: "Tax advantaged Annuity" advised for friend

Got it. Thank you.
by Wenonah
Tue Nov 12, 2019 3:56 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1770

Re: "Tax advantaged Annuity" advised for friend

It is definitely an annuity. So if i were to advise her, i would point out 1. hidden fees 2. Her money will be tied up 3. The advisor may not be getting money FROM her, but it is probably advantageous for him to put her in it 4. If there are no new fees and she gets her fixed 2.8 and the surrender c...
by Wenonah
Tue Nov 12, 2019 1:20 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1770

Re: "Tax advantaged Annuity" advised for friend

Notwhoyouthink...I will check on exactly what she is in. Thanks for that thought.
by Wenonah
Tue Nov 12, 2019 11:13 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1770

Re: "Tax advantaged Annuity" advised for friend

Good insights. Another thing she just told me is that annuities are safe from market fluctuations,so that must be a concern. I said earlier she was a conservative investor. And yes, to the comment about age and the college student. It's all good. College did not happen at 18; paths are different; pe...
by Wenonah
Tue Nov 12, 2019 1:17 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1770

Re: "Tax advantaged Annuity" advised for friend

She has 270,000 right now. Principal was 250,000 10 years ago and she has taken 50,000.00 out. I guess the surrender charges end in March of 2020. So at that point, wouldn't it make sense to put it in a money market since she plans to use it. Somehow the advisor is supposed to be helping her with he...