Search found 140 matches

by KESP
Wed Mar 27, 2019 7:47 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 217
Views: 31538

Re: Anyone disenchanted with retirement?

I have a slightly tangential question, somewhat dark. I’m late 30s, but on track for a pretty early retirement if I want it (maybe 42?). I recently came across the story of a colleague who past away very young from a sudden disease after doing everything right in life (given under a year to live :/...
by KESP
Thu Mar 07, 2019 10:23 am
Forum: Personal Investments
Topic: 403b choices
Replies: 9
Views: 505

Re: 403b choices

From what I've read on 403bwise.com, the NEA Direct invest people will not help you with anything. They would rather you pick the expensive option.
by KESP
Wed Feb 27, 2019 11:26 am
Forum: Personal Investments
Topic: 403b needs attention
Replies: 8
Views: 447

Re: 403b needs attention

I have an account through Aspire and I have access to low cost Vanguard funds. I don't understand why you have such a high expense ratio. Is this self-directed, or did you get an "advisor"? If so, can you drop them? I did not need the minimum to pick admiral shares of Vanguard Funds to build my 3 fu...
by KESP
Sat Feb 16, 2019 8:43 am
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 63
Views: 7706

Re: Girlfriend's Financial Advisor Recommendations...

If she hates confrontation so much, how about making you the reason she wants to go in another direction? I assume you’re willing to be the “bad guy” in this. If you feel comfortable and she’s ok with it, let him talk to you. You can coherently cut down his arguments. This is assuming you think you ...
by KESP
Fri Feb 15, 2019 7:24 pm
Forum: Personal Investments
Topic: headed to Aspire
Replies: 5
Views: 649

Re: headed to Aspire

I fought to add Aspire to our list of providers and I’m very happy with them. Up until we added them, we only had annuity options. You can start with admiral shares, no need for the minimum. It’s been a year and no complaints. I only wish I could have done it 20 years ago.
by KESP
Sun Feb 10, 2019 10:41 am
Forum: Personal Investments
Topic: Is the VPAS Service worth the 0.30%?
Replies: 32
Views: 2338

Re: Is the VPAS Service worth the 0.30%?

I’ve said this before another post, I have the VPAS service, not because I cannot handle a three or four fund portfolio, but rather if I die, my husband would most definitely fall prey to a high cost financial advisor. He does not use a computer, has no interest in learning about financing, and woul...
by KESP
Sat Feb 09, 2019 11:30 am
Forum: Personal Consumer Issues
Topic: Credit ID hacked, got $4900 T-Mobile bill
Replies: 36
Views: 4601

Re: Credit ID hacked, got $4900 T-Mobile bill

Depending on where you live, this is not always easy. I do not have any local police, and would have to depend on the State police. This kind of stuff is definitely not a priority for them.
by KESP
Tue Feb 05, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to have spouse take Medicare instead of private health insurance?
Replies: 14
Views: 783

Re: When does it make sense to have spouse take Medicare instead of private health insurance?

I have a good policy and I am not yet 65. My husband is over 65 and turned down Medicare Part B and is on my plan. My drug plan is creditable, meaning it's better than what Medicare Part D would be so he does not need that. There is no penalty for either Part B or D if he has continuous coverage.
by KESP
Sat Jan 26, 2019 9:11 am
Forum: US Chapters
Topic: Happy Birthday, Taylor!
Replies: 76
Views: 3693

Re: Happy Birthday, Taylor!

Happy birthday Taylor! Thank you for all your contributions and encouragement to keep it simple.
by KESP
Mon Jan 21, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Rental Car Insurance Ireland & Scotland?
Replies: 21
Views: 787

Re: Rental Car Insurance Ireland & Scotland?

This is very unboglehead like, but when I go on vacation I don’t want to have to worry and go through all the headaches if I get in a car accident. I just went to Ireland 2 years ago and it took me 3 or 4 days before I felt comfortable driving. They are strict with the insurance coverage there. I us...
by KESP
Fri Dec 28, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: not funding kid's tuition
Replies: 102
Views: 3386

Re: not funding kid's tuition

My parents could not help me back in the day, and paying for college was a constant source of stress. Back then, it was possible to work year round and be able to pay for a substantial portion of tuition, room and board. Now it's nearly impossible. My 2 kids got partial scholarships to a state schoo...
by KESP
Wed Nov 07, 2018 6:31 am
Forum: Personal Investments
Topic: 403B, is mine even worth it?
Replies: 10
Views: 945

Re: 403B, is mine even worth it?

There were no minimums when I signed up. This was last year.
by KESP
Tue Nov 06, 2018 7:52 pm
Forum: Personal Investments
Topic: 403B, is mine even worth it?
Replies: 10
Views: 945

Re: 403B, is mine even worth it?

I was just going to say the same thing. Don’t know how you come up with 1.2-1.4%. I have Aspire and have access to all Vanguard funds, admiral shares. I’ve been very happy.
Edit- I did not have to wait to invest in admiral shares, that’s what I picked and no one stopped me.
by KESP
Fri Nov 02, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Another Brokerage Firm Caught Overcharging
Replies: 3
Views: 1519

Re: Another Brokerage Firm Caught Overcharging

Thanks for posting that Rick. Partially explains why mine had me in 21 different funds, and I only had $300,000 invested with him. Got rid of mine, but how many thousands or millions of people are getting taken advantage of and have no idea.
by KESP
Thu Oct 25, 2018 9:43 am
Forum: Personal Investments
Topic: AXA 403b
Replies: 4
Views: 229

Re: AXA 403b

She has to resign, not retire. Also, AXA probably sold her a variable annuity, so there may be a penalty for not holding it a certain number of years. Still worth it to roll it over. My experience has been some of these 403b sellers are less than truthful. I would request they put it in writing that...
by KESP
Mon Oct 08, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Trying to help 23 year old with 403b
Replies: 9
Views: 502

Re: Trying to help 23 year old with 403b

I do not see that the Lifecycle Index fund is an option. Yes, that one looks much better. I will double check with her that she only has access to the other one. Thanks, I didn’t know there were 2 different Lifecycle funds.
by KESP
Mon Oct 08, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Trying to help 23 year old with 403b
Replies: 9
Views: 502

Re: Trying to help 23 year old with 403b

Thanks everyone for your input. I think I will stick to what I was originally going to do and advise her to move to a Vanguard Target Retirement fund. I have also sent her that pdf and will buy The Boglehead's Guide to the Three Fund Portfolio. Hopefully she will read them. She has many years of inv...
by KESP
Mon Oct 08, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Trying to help 23 year old with 403b
Replies: 9
Views: 502

Re: Trying to help 23 year old with 403b

Are the underlying funds in the TIAA option index funds? If not, that would be another argument to move to the Vanguard fund. You might want to send this short (16 page) PDF to your niece; it is a great basic education for new investors: https://www.etf.com/docs/IfYouCan.pdf This is what is in the ...
by KESP
Mon Oct 08, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: Trying to help 23 year old with 403b
Replies: 9
Views: 502

Trying to help 23 year old with 403b

Just trying to provide some guidance to my niece who was talking to me about her 403b. Apparently with the help of the TIAA-CREF rep she picked the TIAA-CREF Lifecycle 2060 Fund (Institutional) with an expense ratio of .45%. The expense ratio is actually .79% but .34% is waived because of an agreeme...
by KESP
Sat Sep 22, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 232
Views: 42412

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Just bought 2 more copies to donate to the school library I work in. I was extra motivated when a young teacher was talking to me about how a representative from AXA hunted her down in her classroom, gave the impression she was working with the district, and got her to sign up for a very expensive a...
by KESP
Tue Sep 18, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 40
Views: 5663

Re: 401k money missing

How did you make out?
by KESP
Sat Sep 15, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 40
Views: 5663

Re: 401k money missing

I should have said isn’t there a spot on your statement that says year to date contribution?
by KESP
Sat Sep 15, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 40
Views: 5663

Re: 401k money missing

I’m not understanding why you would wait until the end of September to approach your payroll person on this. If someone stole it, call the police. If it’s a mistake of some kind, give them a chance to fix it. Have all your paperwork ready to show whoever you are talking to. What 401k provider is it?...
by KESP
Sun Sep 09, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 85
Views: 12260

Re: My daughter's inheritance.

A wealth adviser at a bank will probably put her in things she shouldn’t be in. My friend is 64 years old and the bank tried to convince her to purchase whole life insurance. The only place to go where she won’t get taken advantage of is Vanguard Personal Advisory service. They are not getting commi...
by KESP
Sat Sep 01, 2018 10:26 am
Forum: Personal Investments
Topic: Suddenly disabled but need to invest
Replies: 17
Views: 1951

Re: Suddenly disabled but need to invest

As nedsaid already suggested, you seem to be a good candidate for Vanguard Personal Advisory services (PAS). It’s hard when you are depressed to start reading material to educate yourself on investing, or even to try and find a financial advisor who won’t take advantage of you. I would start with Va...
by KESP
Wed Aug 08, 2018 9:02 am
Forum: Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5754

Re: Old dog needs to learn to manage his investments

I would suggest ordering The Bogleheads' Guide to the Three-Fund Portfolio. It is a short, easy to understand book that will explain why the three-fund portfolio is all you need. There is also a ton of information on this site which I would also encourage you to read. I think the book gives you a cl...
by KESP
Thu Aug 02, 2018 2:36 pm
Forum: Personal Investments
Topic: Which 403b provider to choose?
Replies: 19
Views: 1265

Re: Which 403b provider to choose?

I have Aspire and have access to admiral shares of just about every Vanguard fund you would want. I’ve been very happy with them, but don’t expect any hand-holding. I pay .15% on assets annually, plus $40 administrative fee a year.
by KESP
Wed Jul 25, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: negative comments about "Brazil nuts"
Replies: 32
Views: 4007

Re: negative comments about "Brazil nuts"

I love nuts.com. Can get Brazil nuts in shell for 9.99, or a variety of other ways from $14.99 and up. I have been very happy with their quality.
by KESP
Wed Jul 25, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Daughter wants to travel on her own to Montreal
Replies: 105
Views: 7463

Re: Daughter wants to travel on her own to Montreal

I would be concerned about someone slipping her a date rape drug. My nieces just graduated from college and it is fairly prevalent. Yes, college is probably more dangerous than Montreal, but I would still worry. Of course, I worry about everything and somehow my kids turned out to be confident, prod...
by KESP
Wed Jul 25, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Buy house for retired mother?
Replies: 72
Views: 5317

Re: Buy house for retired mother?

I am surprised that people think that living in retirement community is better than living with family - old people need company of young and kids as well - it is another case if family doesnt want to live together - to each his own. My mother had several friends who moved in with their children la...
by KESP
Mon Jul 23, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 72
Views: 8942

Re: I want to sell my home, but I don't want to fix it up

I’m finding it is not easy to get people to work on your house. I’ve been trying to fix certain things in my house and it has been very frustrating. People don’t call back, someone came and once he saw we had a vaulted ceiling he clearly didn’t want the job so we never heard from him again, another ...
by KESP
Wed Jul 11, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 232
Views: 42412

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

As I mentioned in my Amazon review, this book is a perfect length to give as a gift to people who just need to get to the nitty gritty of investing. My almost retired friends and my young adult children might feel overwhelmed with the more extensive Bogleheads Guide to Investing. People I talk to se...
by KESP
Mon Jun 04, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Recommended Parenting Books
Replies: 44
Views: 5462

Re: Recommended Parenting Books

John Rosemond parenting books, particularly Parent Power. Old school parenting that I wish more people would follow.
by KESP
Mon May 28, 2018 6:33 pm
Forum: Personal Investments
Topic: Does Wells Fargo Advisors Require Medallian Signature Guarantee
Replies: 15
Views: 1584

Re: Does Wells Fargo Advisors Require Medallian Signature Guarantee

Two years ago I transferred an IRA and an inherited IRA from Wells Fargo Advisors to Vanguard and it did not require a medallion signature.
by KESP
Thu Apr 05, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Liability for 32 year old step son living home
Replies: 79
Views: 10495

Re: Liability for 32 year old step son living home

I am also a step parent. All through my stepson's childhood, my husband did not punish him once, ever, and it was not because he was a well-behaved child. Somehow, he grew into a very nice young man, but it could have turned out badly. I would guess it's the mother who is standing in the way of thin...
by KESP
Tue Mar 13, 2018 1:07 pm
Forum: Personal Investments
Topic: Met with School 403(b) Adviser: Need Clarification
Replies: 35
Views: 2570

Re: Met with School 403(b) Adviser: Need Clarification

Do you have an email for him? If so, I would shoot him an email and ask for confirmation of all fees you would pay if you signed with him. Tell him you are specifically interested in the Vanguard Total Stock Market Fund. Anyone who tells you that you can’t contribute to an IRA because you have a pen...
by KESP
Mon Feb 19, 2018 6:58 pm
Forum: Personal Investments
Topic: Adviser said I made a big mistake switching 403b to Aspire??
Replies: 19
Views: 2138

Re: Adviser said I made a big mistake switching 403b to Aspire??

You did not make a big mistake. I fought in our district to have Aspire added as an option. Prior to this our only options were high expense variable annuities. Assuming you are managing this yourself, you are saving quite a bit in fees. Don’t listen to him.
by KESP
Thu Jan 25, 2018 8:13 pm
Forum: US Chapters
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 6108

Re: Happy Birthday, Taylor!

Happy birthday Taylor! Your advice and kindness in the way you deliver it is very much appreciated.
by KESP
Sun Jan 21, 2018 9:04 am
Forum: US Chapters
Topic: My daughter got her dream job [Proud Papa]
Replies: 40
Views: 5621

Re: My daughter got her dream job

Congratulations! It is a great feeling when they get that first real job. One piece of advice. Both of my wonderful intelligent daughters had some struggles when they first started. School can only take you so far. Some things in a job have to be experienced. They will”mess up.” I told them both it’...
by KESP
Tue Jan 09, 2018 9:51 pm
Forum: Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 3374

Re: Maybe not a win for teachers/I need some advice

ThisTimeItsDifferent wrote:
Tue Jan 09, 2018 5:09 pm
KESP wrote:
Tue Jan 09, 2018 4:26 pm


I just switched my money from Aspire to AXA.
Don't you mean from AXA to Aspire?
Duh, yes, it’s been a long day!
by KESP
Tue Jan 09, 2018 4:26 pm
Forum: Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 3374

Re: Maybe not a win for teachers/I need some advice

... Drops to an additional .064% 0.64% on a $100K balance. Thanks. My bad. Forgot to remove the zero from the calculator when I typed that. Yes - .64%! OP called and it turned out to be the more reasonable annual .15% charge, as opposed to quarterly as first listed. That changes everything to .55% ...
by KESP
Mon Jan 01, 2018 7:34 pm
Forum: Personal Investments
Topic: Problems with EJ (Is anyone surprised?) [Edward Jones]
Replies: 30
Views: 5373

Re: Problems with EJ (Is anyone surprised?) [Edward Jones]

Just to second and third what others have said. Hook up with Vanguard Personal Advisory services and worry about the rest after. Be patient, they are slow, but I think you will sleep easier.
by KESP
Sun Dec 31, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 8137

Re: So, how was the year ? Gains made and Lessons learnt ?

We are up 15% for the year. While we have an extremely modest portfolio compared to many on this forum, this is more money than I ever thought we’d have. DH pretty much lost everything in his divorce and while I saved, I could have saved a lot more. I’ve passed these lessons on to my children and th...
by KESP
Sat Dec 30, 2017 9:38 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 110
Views: 9770

Re: Individual Stocks That Went Bust

For sheer as-it-happens drama, GTAT. Here is the thread on The Contrarian Investor starting with the trading halt. OMG. That is the saddest thing I have ever read in a financial forum. People losing their retirement, their life savings, their children’s money. Horrible. I think my kids know better ...
by KESP
Sat Dec 30, 2017 12:27 pm
Forum: Personal Investments
Topic: Does Vanguard have a way to track outside investments?
Replies: 9
Views: 2222

Re: Does Vanguard have a way to track outside investments?

I just picked Fidelity investments and it picked up my husband's account just fine. Had to delete and add it once or twice since because it wouldn't update. Working fine now.
by KESP
Thu Dec 07, 2017 6:43 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2480
Views: 1551380

Re: The Three-Fund Portfolio

Just pre-ordered for my children. Thanks Taylor!
by KESP
Thu Nov 23, 2017 10:52 pm
Forum: Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 23
Views: 3853

Re: Fidelity Portfolio Advisory service?

In reading your post, it seems like you don’t feel you can handle this yourself and have a lot of things going on in your life. Here is a link to info on a 3 fund portfolio with Fidelity funds so you wouldn’t have to totally switch companies. You would have to decide on what percentage of stocks to ...
by KESP
Sat Nov 04, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 7611

Re: "PROBABLY THE WORLD'S BEST INVESTMENT FORUM"

Thank you to the moderators that cull the garbage and keep this forum from turning into the noisy chaos that inhabits most every non-moderated message board. Couldn't agree more. And thank you to the forum members like Taylor who patiently give advice to those of us who are still very much in the l...
by KESP
Sat Nov 04, 2017 7:07 pm
Forum: Personal Investments
Topic: Guaranteed Interest Account-transfer or not?
Replies: 4
Views: 537

Re: Guaranteed Interest Account-transfer or not?

I'm definitely bailing, just was wondering whether to leave that guaranteed interest account there. I know what you mean, they have to be making money somewhere, although maybe the exorbitant fees elsewhere allows them to do that. :wink: