Search found 9 matches

by bsigmund90
Thu Oct 19, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

Re: "Upper Middle" Class - ditch WLI or ride it?

Figured I would post my latest back-and-forth with my FA... I know i want to get out, but I'm not sure how to roll the accounts over... ME: What investment options are available to me through NMIS? Is there a list you can provide me? RE: my Roth (AGTHX) - In a bull market my actively managed, high l...
by bsigmund90
Sat Sep 16, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

Re: "Upper Middle" Class - ditch WLI or ride it?

So i have paid off my car, after the WLI check have 9k in cash savings, and have set my retirement contributions so that beginning in FY 2018, i will be maxing my 401k (346.16 weekly contribution). I can't really do more in the short term without presenting a cash flow problem to "catch up" FY 2017....
by bsigmund90
Wed Aug 23, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Transferring ROTH from AF (through NMIS) to a low-ER broker
Replies: 2
Views: 309

Re: Transferring ROTH from AF (through NMIS) to a low-ER broker

I am going to move it to the 2055 fund. Right now, I am auto-debited 458.33 / month from my checking account by NMIS (Pershing), which gets placed into that AF fund. If I do the transfer of assets online, will it cancel the auto-debit for my NMIS Roth / shift it to the vanguard account? or do i need...
by bsigmund90
Wed Aug 16, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring ROTH from AF (through NMIS) to a low-ER broker
Replies: 2
Views: 309

Transferring ROTH from AF (through NMIS) to a low-ER broker

All, If you want background, see before thread: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=225433&newpost=3487719 I went through the song and dance with my Northwestern Mutual "FA" cancelling my WLI. I moved my 401k portfolio to an American Funds Target Date (one of the 'better' options in...
by bsigmund90
Tue Aug 15, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

Re: "Upper Middle" Class - ditch WLI or ride it?

I cut the WLI late last week. Once that check shows up I'm gonna pay off the car. this might be hijacking the thread - but i still have a few "basics" questions: RE: savings acct: - why wouldn't I put my bank cash sayings at a minimum into an online HYSA? 1.20% is better than 0.01% - furthermore, wh...
by bsigmund90
Mon Aug 14, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

Re: "Upper Middle" Class - ditch WLI or ride it?

I can't find the initial statement on the car loan but it's a 72 month and the online calculators say it's 4.655% interest. I'm 44 months in. I'm still right-side up about 8,500 on the cars value. Ditched the WLI & reallocated to the target date in the 401k. Once the deposit comes in, probably going...
by bsigmund90
Fri Aug 11, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

Re: "Upper Middle" Class - ditch WLI or ride it?

Agree with all of above. I missed the part where he disclosed his gross income and what he was saving in 401K plan. A 5.9% savings rate is much too low in the 401K plan. RE 401k: I am relocating the 6600 from the WLI into the 401k first thing. well, whatever pre-tax 401k addition would net me the s...
by bsigmund90
Fri Aug 11, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

Re: "Upper Middle" Class - ditch WLI or ride it?

401k Options: American Funds EuroPacific Gr R5 Growth RERFX 0.54% American Funds Growth Fund of Amer R5 Growth RGAFX 0.39% American Funds New World Fund R5 Growth RNWFX 0.80% Hartford Midcap R5 Growth HFMTX 0.86% Vanguard Explorer Adm Growth VEXRX 0.34% Vanguard Selected Value Inv Growth VASVX 0.35%...
by bsigmund90
Thu Aug 10, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: "Upper Middle" Class - ditch WLI or ride it?
Replies: 37
Views: 8265

"Upper Middle" Class - ditch WLI or ride it?

Currently working with: 27 years old 5+ years at current job and don't plan on leaving currently 15,000 bank (cash) savings 52,000 in 401k (39k is vested, i would dispute the vestment if i left/was terminated, closer to 45k) - Allocation is as follows (American Funds aggressive portfolio): - Vanguar...