Search found 10 matches

by mdshumaker
Thu Jun 29, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Fixed Indexed Annuity [rollover from TSP?]
Replies: 12
Views: 575

Fixed Indexed Annuity [rollover from TSP?]

[Moved into a stand-alone thread from: Fixed Indexed Annuity --admin LadyGeek] Is a fixed index annuity appropriate as a vehicle to roll-over a Government TSP account at retirement? Since the TSP has limited withdrawal options I am being told it would be good to roll it into a Nationwide 12 that us...
by mdshumaker
Fri Jun 16, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Annuities ?
Replies: 16
Views: 993

Re: Federal Employee First Alliance - Annuities ?

Thanks for your comments. i was disappointed that after talking with the representative for 2 hours he thought that this annuity would be a good thing. I'm not military, but I do work at a VA medical center. I'm FERS but 17 of my 26 years were part time. I know that we have limited options for withd...
by mdshumaker
Thu Jun 15, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities ?
Replies: 16
Views: 993

Annuities ?

I am a federal employee 63 yrs old who may retire in the next year or 2. I've been talking to a company who handles federal employee retirements about my plans for withdrawing my TSP in retirement. The guy is very knowledgeable about federal employee benefits and retirement. He suggested a plan for ...
by mdshumaker
Mon Apr 17, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Energy (VGENX)
Replies: 18
Views: 2228

Opinion on Vanguard Energy (VGENX)

My 24 year old son has a portion of his Roth Ira in The Vanguard Energy Fund. (3K) From what I am reading lately it seems that the energy sector is not expected to do as well as once hoped. The majority of his Roth is in the Vanguard Total Stock Market Fund(5.5K) with a small portion in the Vanguard...
by mdshumaker
Thu Feb 02, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my house?
Replies: 23
Views: 3058

Re: Should I pay off my house?

Good question about why do I have 70k in savings. Fear - ha ha! I was keeping that much aside until my kids finished college in case I needed money for emergencies since college tuitions took most of my cash flow. Not a very good reason I guess. It's the only money I have other than 401K. I will pay...
by mdshumaker
Tue Jan 31, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my house?
Replies: 23
Views: 3058

Should I pay off my house?

I have around $14,000 left on my mortgage with 4 3/8% interest rate. I have around 70K in savings that I could use to pay this off. My thinking is to pay off the loan, and move the balance of the savings into Vanguard and diversify, while adding the amount I was putting to my mortgage into the Vangu...
by mdshumaker
Sun Aug 07, 2016 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Brokers with a disclosure on Finra.
Replies: 3
Views: 560

Brokers with a disclosure on Finra.

My sister met with a financial adviser who has his own company but is a broker/agent with Centaurus financial. The broker has 1 disclosure from 2007. A client charged that the adviser sold them unsuitable investments. I can't tell how it was resolved. There is a broker statement saying that the inve...
by mdshumaker
Fri Jul 22, 2016 9:46 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 73
Views: 10092

Re: TSP to Vanguard?

mdshumaker, you really need to start your own thread with more information in order to get the fullest benefit from people's answers. However, there are some simple generalities that might get you started. It appears that most people do not annuitize their TSP accounts. This is because most federal...
by mdshumaker
Wed Jul 20, 2016 10:58 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 73
Views: 10092

Re: TSP to Vanguard?

I'm 4 years from federal retirement. Can't decide which is better - the annuity method of withdrawal or the set amount method. Also curious about a good asset allocation in retirement for TSP. Moderate risk. Was thinking of switching the account to a financial planner at retirement but have decided ...