Search found 12 matches

by CnC
Fri May 19, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones vs Vanguard self managed
Replies: 29
Views: 1846

Re: Edward Jones vs Vanguard self managed

He also told me about the "new fiduciary rules" that take effect on June 9th will cause me to not to be able to move around my fund balances within Vanguard if I were to do all the work with Vanguard myself. Can the other members please explain me what the EJ guy is trying to tell here? I...
by CnC
Fri May 19, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones vs Vanguard self managed
Replies: 29
Views: 1846

Re: Edward Jones vs Vanguard self managed

I just got off the phone with my Edward Jones guy who told me the 1.44 % fee I am being charged is worth it because my account is continuously being re-balanced and that the return thus far for the year is 5.39 %. So according to him he is providing me with a well worth it service. He also told me ...
by CnC
Fri May 19, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 79
Views: 8399

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

Thanks for all the replies and the condolences. I realize my title and opening post may have come across as a bit inflamitory. But it was not meant as such. Ultimately i guess it is up to the person and the situation, it sounds like even if my math isn't completely accurate most people agree that he...
by CnC
Fri May 19, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 79
Views: 8399

Re: My dad is taking Social Security at 62, why would anyone not?

Your conclusion seems so out of whack from what most people say because your assumption discounting future cash flows by the inflation rate is faulty. The number on the annual statement is adjusted for inflation each year after age 62. Please consider other factors such as current and near-term hea...
by CnC
Fri May 19, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 79
Views: 8399

Re: My dad is taking Social Security at 62, why would anyone not?

I am not going to address your general question because, as a widower who stopped working young, your dad has some very special options you are not taking into account. He can start collecting as a surviving spouse as early as age 60 AND allow his own record retirement benefits to grow through age ...
by CnC
Fri May 19, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 79
Views: 8399

My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

My dad retired with a pension at 55. He is recently widowed approximately 1 year now and living on his own. He is looking forward to taking Social Security at 62. I personally think it is a good idea, but most of what I have read says otherwise. But, looking at the math I cannot find any good reason...
by CnC
Wed May 17, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: New member retirement Check Up
Replies: 12
Views: 787

Re: New member retirement Check Up

Thanks for the replies guys. I guess with everything I wrote my actual questions got lost in the mix. 3) At what point does high fees counter the advantage of before tax deductions? I hope this clarifies what I am looking for, I have lots of other questions but I'm just trying to get the basics str...
by CnC
Wed May 17, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Just executed backdoor Roth at Vanguard, my review
Replies: 9
Views: 765

Re: Just executed backdoor Roth at Vanguard, my review

A bit off topic but since you said how easy it was perhaps they answered this question for you. I'm confused on the tax implications. Say you put $5500 in an IRA then convert it to a roth, doesn't it increase your magi by 5500 that year incurring a +-$1300 dollar tax penalty? Everything I have read ...
by CnC
Wed May 17, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: New member retirement Check Up
Replies: 12
Views: 787

Re: New member retirement Check Up

Thanks for the replies guys. I guess with everything I wrote my actual questions got lost in the mix. Here they are short and sweet. 1) I want to retire at 55 is there more that I need to do? Is there any big holes, or am I going overboard already. 2) I have a lot of money (for me) coming due in a C...
by CnC
Wed May 17, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: New member retirement Check Up
Replies: 12
Views: 787

Re: New member retirement Check Up

I'm just wondering, is this the correct forum for this kind of question? Or is there a specific section for the big overall give me a check on my full portfolio questions?


It seems like most questions on this board are aimed at specific answers.
by CnC
Wed May 17, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: REITs in Roth and Taxable Accounts
Replies: 22
Views: 6575

Re: REITs in Roth and Taxable Accounts

Very foolish question but these REITs that we are taking about are just stocks that own reality properties such as "O" Realty Income Corp correct?


Or are they something all together different?
by CnC
Wed May 17, 2017 12:53 am
Forum: Investing - Help with Personal Investments
Topic: New member retirement Check Up
Replies: 12
Views: 787

New member retirement Check Up

Hey everyone CnC here I am new here and to the world of investing. I could use some tips and or reassurance on my plans. I hope I followed the rules, here is the template: Emergency funds: yes we have this Debt: not a penny Tax Filing Status: (Married Filing Jointly with Dependent Children - 2 young...

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