Search found 35 matches

by CaliGirl
Wed Jun 21, 2017 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Divorce and My IRA
Replies: 21
Views: 4346

Re: Divorce and My IRA

Thanks, you guys! Actually, I don't think my husband even realizes that he would be entitled to half that money. He doesn't research things that way I do. Even if he knew, I don't know whether or not he would take it. My concern is that a judge would give it to him, even if the divorce papers stipul...
by CaliGirl
Tue Jun 20, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce and My IRA
Replies: 21
Views: 4346

Re: Divorce and My IRA

Thank you again, everyone, for your replies. Ok. According to Vanguard, on this page: https://investor.vanguard.com/ira/roth-vs-traditional-ira I can withdraw my $9,500 at any time without having to worry about taxes or penalties. The little bit that's left - my capital gains - at roughly $700 (it c...
by CaliGirl
Tue Jun 20, 2017 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Divorce and My IRA
Replies: 21
Views: 4346

Re: Divorce and My IRA

Hi everyone and thank you again for your replies. Right now I wish I had not opened my Roth IRA, but had waited until after the divorce. So far, I have contributed $9,500. The account as of today is worth $10,202.71 - a difference of $702.71 in gains on the account. As I understand it, since I have ...
by CaliGirl
Sun Jun 18, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce and My IRA
Replies: 21
Views: 4346

Re: Divorce and My IRA

Thanks you for the replies. My husband has no investments. He had $4k in a 401K a few years ago, but withdrew it. Since then he got a new job. He has a 401K with the new job but has not contributed anything to it. Since I only have 10K in my roth ira, I think it would cost less to withdraw the money...
by CaliGirl
Sun Jun 18, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Divorce and My IRA
Replies: 21
Views: 4346

Divorce and My IRA

Hi.

My husband and I are planning for a divorce. We are 51. I started an IRA back in January. It has $10,000 in it. We live in WA, a community property state. Would it be better for me to give him half, or just empty it and pay the taxes given it's such a small amount?

Thanks!
by CaliGirl
Mon Feb 06, 2017 12:23 am
Forum: Investing - Help with Personal Investments
Topic: Have a Target Date Fund, What Else Should I Get?
Replies: 2
Views: 428

Have a Target Date Fund, What Else Should I Get?

Hi everyone. I'm going to be 51 years old next month. I just invested for the first time last month. I put my money in the Vanguard 2045 Target Date Fund. Yes, it's aggressive, but I don't plan to retire at 65 (I just started a new business). I'll be in my 70's, maybe even my 80's before I plan to s...
by CaliGirl
Tue Jan 31, 2017 12:56 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Hi everyone. I just wanted to follow up here and let you know that I now have a Roth Ira with Vanguard. I invested in the 2045 retirement fund. Yes, I know that's really aggressive but that's just the kind of person I am. If I feel I need to I'll switch it to an earlier date retirement fund in maybe...
by CaliGirl
Wed Jan 25, 2017 4:01 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement 2045 Fund (VTIVX) Question
Replies: 16
Views: 1965

Re: Vanguard Target Retirement 2045 Fund (VTIVX) Question

I say go for it! I'm 50, just opened a Roth Ira, and invested in the 2045 fund at Vanguard. As I understand it, you can always change it later if you need to.
by CaliGirl
Sun Jan 22, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Re: Does Vanguard Charge Any Withdrawal Fees?

I moved CaliGirl's 2nd thread back into the original. I also fixed the spelling in the thread title "Withdrawl" to "Withdrawal". I apologize for the extra post. Someone pm'd me and said I should create another post with a better title to get some answers. Also, thanks for fixing...
by CaliGirl
Sun Jan 22, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Re: What is your experience with Vanguard Deposits/Withdrawls?

Once you have an account , most account types can be arranged with a linked bank account so transactions can be requested/done online. I have found VG to be much easier than Fidelity for doing all transactions on line. lafder Thank you! That's good to know. I've never used an investment company bef...
by CaliGirl
Sun Jan 22, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Re: What is your experience with Vanguard Deposits/Withdrawls?

Vanguard has never charged me any fees for deposits and withdrawals. There are some funds with short-term redemption fees, but I doubt you will be using one of them. They are very clearly stated though, so it would be hard to miss them. I have paid a short-term redemption fee years and years ago. T...
by CaliGirl
Sun Jan 22, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Re: Does Vanguard Charge Any Withdrawl Fees?

It says "Very few Vanguard funds charge fees when you buy and sell shares.". What's the difference between a withdrawal fee and a redemption/selling fee? Do you mean an account transfer fee (i.e. when you withdraw your entire portfolio and move it to another company)? There are fees for w...
by CaliGirl
Sun Jan 22, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Re: Does Vanguard Charge Any Withdrawl Fees?

sport wrote:AlohaJoe gave you a very good complete answer. The short answer is "no" with a very few exceptions.



Thanks! Good to know! I'm going to open an account with Vanguard.
by CaliGirl
Sun Jan 22, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Re: Does Vanguard Charge Any Withdrawl Fees?

I typed "Vanguard withdrawal fees" into Google, the very first result is this Vanguard page on the topic: https://investor.vanguard.com/mutual-funds/fees It may help if you point towards the part that is unclear or you're looking for more information on, to get better answers. Yes, thank ...
by CaliGirl
Sun Jan 22, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

What is your experience with Vanguard Deposits/Withdrawls?

[Thread merged into here, see below. --admin LadyGeek]

Hi.

I'm considering opening a Roth IRA with Vanguard and would like to know about your experience with them. I am specifically wondering if they charge withdrawls fees, but would be glad for any information on using them.

Thanks!
by CaliGirl
Sun Jan 22, 2017 1:56 am
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard Charge Any Withdrawal Fees?
Replies: 14
Views: 1248

Does Vanguard Charge Any Withdrawal Fees?

I've googled this question and looked on their website. I don't see anything regarding withdrawl fees one way or the other. So, I'm wondering if any of you making withdrawls can tell me. Thanks!
by CaliGirl
Sat Jan 21, 2017 1:38 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Thank you to all of you for answering my questions here. You'll be thrilled to know that I am now leaning toward Vanguard. Why? First, all of you are so adamant about it and I don't take that lightly. Second, I found some unfavorable comments about TDA's customer service on a blog. So, that's make t...
by CaliGirl
Sat Jan 21, 2017 1:35 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Hi CaliGirl, It appears you have some plans, many opinions and some questions. You have done some homework. Others on this site have chimed in with opinions which you have aggressively questioned or contested. This isn't Facebook; Bogleheads are quite different from one another AND different from t...
by CaliGirl
Sat Jan 21, 2017 1:28 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Caligirl As a neutral stranger, I just wanted to ask you if you have considered the following. If you have and figured it all out, then great, ignore these :sharebeer If not, then I would think these are priority over investing the current money. 1. Do you have emergency funds. Folks generally have...
by CaliGirl
Fri Jan 20, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

What if I use TDA, and only invest in the commission free ETF's? As long as the expense ratios are low in the funds I invest in, wouldn't this save me a ton of money on fees? Sure, I would need to rebalance them myself, but that doesn't seem to be too difficult to do. Would this be a good plan? If ...
by CaliGirl
Fri Jan 20, 2017 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

What if I use TDA, and only invest in the commission free ETF's? As long as the expense ratios are low in the funds I invest in, wouldn't this save me a ton of money on fees? Sure, I would need to rebalance them myself, but that doesn't seem to be too difficult to do. Would this be a good plan?
by CaliGirl
Fri Jan 20, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Do you think you could share some redacted screenshots of the interface so OP can see what the setup is like? I ran a few searches but couldn't find any threads on this precise subject. Sorry. I am 71 years old and technologically inept, and I don't know how to do a screen shot. I guess that just p...
by CaliGirl
Thu Jan 19, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Hi everyone. Yes, I understand the expense ration difference between the T Rowe Price fund at TDA and the Vanguard fund at Vanguard. In fact, after I posted here I went back over to TDA and looked at the expense chart there, and compared it with the Vanguard fund's expense chart on the TDA site. It ...
by CaliGirl
Thu Jan 19, 2017 2:38 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Well, I've looked at Vanguard and I just don't think they are for me. At least not right now. It appears they prefer investors with a lot more money to invest than I have. Also, I have concerns about their customer service, don't like their fee structure, and don't like that they discourage trading ...
by CaliGirl
Thu Jan 19, 2017 1:43 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Vanguard Target Date retirement funds only require 1,000 to start, and small amounts are fine after that. I would not pay for buying mutual funds elsewhere. With all the change you may have in your life, I suggest you keep things simple. Set it and forget it, except for adding when you can. If you ...
by CaliGirl
Thu Jan 19, 2017 1:25 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

Things to keep in mind regarding TDA no fee ETFs: 1. You must register for the program, otherwise you will pay a commission. 2. "Account owner must hold all shares of an etf position purchased for a minimum of 30 days without selling to avoid a short term trading fee." LIFO. Fee is $19.99...
by CaliGirl
Thu Jan 19, 2017 12:49 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

If it isn't an amicable divorce you will be without resources. Will you be able to get a meaningful social security check on your husband's earning record? Remember you will need to do some tax planning regarding when to take social security. It's as amicable divorce as can be. He's extremely passi...
by CaliGirl
Thu Jan 19, 2017 12:41 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

You should use traditional vehicles rather than Roth ones, given your late start, low level of retirement assets currently and 25% marginal tax bracket. It is better to take the tax savings upfront and accelerate retirement savings first. If anything happens that prevents you from working the entir...
by CaliGirl
Thu Jan 19, 2017 12:37 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

In this position, I would open a Roth IRA and start putting into one of the life-strategy funds.(Vanguard LifeStrategy Moderate Growth Fund for 40% bonds, 60% stock. TD should have something commission free. I do not care what broker you choose, but choose someone cheap with commission free trades....
by CaliGirl
Thu Jan 19, 2017 12:14 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

I use TDA because I opened an account with them a long time ago before I ever knew about BH. Once I found BH, I was able to implement my IPS without moving to Vanguard by using TDA's commission-free ETFs. I know the pluses and minuses of the ETF vs Mutual Fund debate, but I was surprised to see peo...
by CaliGirl
Thu Jan 19, 2017 12:12 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

pondering wrote:What is your goal for the account?


Build wealth for my later years.
by CaliGirl
Wed Jan 18, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

I finally decided to create a my own chart with what's important to me. TDA had everything I want, the only drawback being the $49 commission fee for mutual funds. But, I might not ever pay that since the funds I want are commission free. I've read that with Vanguard you need $3000 to open an accou...
by CaliGirl
Wed Jan 18, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

There is no reason to have the extra hassle of using ETFs at TDAmeritrade or any other brokerage. Buying ETFs is more trouble than buying regular mutual funds. Using ETFs you can't buy fractional shares, it's harder to set up automatic investment and automatic reinvestment of dividends, and you hav...
by CaliGirl
Wed Jan 18, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

Re: 50 Year Old Late Starter With Questions

I am guessing because you have a shorter time to retirement it may make sense to go with Traditional. Putting $5500 pre-tax dollars in traditional would effectively allow you to save $1375 on taxes, which you could then use to start a taxable account. Others here can weigh in, I just wanted to flag...
by CaliGirl
Wed Jan 18, 2017 2:37 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6694

50 Year Old Late Starter With Questions

Hi everyone. Yes, I'm 50 and just starting out. Why? My first child was born mentally and physically disabled and I had to be home to care for him. No day care would take him and I had no family to help. So, I had no income for years - until he turned 18 and the state began to pay me to be his careg...

Go to advanced search