Search found 5 matches

by Iceberg6328
Wed Jun 06, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy at 55
Replies: 16
Views: 3181

Re: Investment Strategy at 55

I think a good goal for many retired people is to have their mortgage paid off when they retire. A paid off mortgage offers a bit of diversification and is not unlike a bond - although it is much less liquid. An alternative, therefore, is to use a portion of her cash to pay down the mortgage to the...
by Iceberg6328
Wed Jun 06, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy at 55
Replies: 16
Views: 3181

Re: Investment Strategy at 55

Additional info: She is approximately 90 months into a 30 year mortgage. After a bit of research, I didn't realize the amortization on a mortgage front loads the interest so much, so perhaps the 2.8% is a reasonable value.
by Iceberg6328
Wed Jun 06, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy at 55
Replies: 16
Views: 3181

Re: Investment Strategy at 55

Seems like a vanguard move could simplify things a lot. Something is off with your numbers? I think you say 50k is her living cost for six months, and that she makes 50k per year ? Sorry, the $50k for 6 months was a really rough and generous first order attempt. I believe her monthly expenses are s...
by Iceberg6328
Sat May 26, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy at 55
Replies: 16
Views: 3181

Re: Investment Strategy at 55

Thanks for the replies so far. Here are answers to things brought up in the previous responses. 1. I have also considered a target date fund, and I'm not against it. As stated, I can chose any year that matches the aggressiveness I/we want. I'm not firm on the 60/40 ratio, just a starting spot I had...
by Iceberg6328
Fri May 25, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy at 55
Replies: 16
Views: 3181

Investment Strategy at 55

Hi all, I'm a newcomer to this forum and have already learned so much - thanks to all who contribute their advice! I'm looking to take over my mother's retirement investments and felt it most appropriate to run my ideas by the kind folks on here and ask for advice in the areas where I'm clueless. Ju...