Search found 4 matches

by go_outside
Sun Feb 10, 2013 9:36 pm
Forum: Personal Investments
Topic: What to do? Never had money to worry about before.
Replies: 15
Views: 5086

Re: What to do? Never had money to worry about before.

Thanks so much for the info. I am finishing up her final resting place (eternal reef) in Florida and will be driving home this week. I will process this all when I get back.

As for the house in Palm Bay or Melbourne - yes I thought of these things among others and that's why I never even looked at anything the seven weeks I was down here.
by go_outside
Thu Feb 07, 2013 6:03 am
Forum: Personal Investments
Topic: What to do? Never had money to worry about before.
Replies: 15
Views: 5086

Re: What to do? Never had money to worry about before.

Thanks everyone- I truly appreciate the kind words re: my wife. JimInIllinois I will look into that. Thanks. I am not adverse to leaving the $75K in a meager savings account for a while (although I'd probably transfer it to Barclays to get twice the interest), but I'd like to start my 457 as soon as I get back. If I pick their target 2035 fund for now, is .91 expense ratio bad? I mean compared to Vanguard everything seems bad. They have other funds with expense ratios in the low 20s too. Or should I pick something like 60-70% this http://www.icmarc.org/prebuilt/static/funds/profile/WH9800.html and the rest something like this http://www.icmarc.org/prebuilt/static/funds/profile/WN9800.html ?? They both have .21 e/r I have some time to keep r...
by go_outside
Wed Feb 06, 2013 8:22 pm
Forum: Personal Investments
Topic: What to do? Never had money to worry about before.
Replies: 15
Views: 5086

Re: What to do? Never had money to worry about before.

Thank you bottlecap and runner9- I'm beginning to heal. Spending the last 6 weeks in Florida NOT freezing has helped wonders. I go back to reality next week. Here are my options (with expense ratios) with my 457K : http://www.icmarc.org/investments/457-and-401-plans.html - they also have target funds, albeit at a higher expense ratio than Vanguard. As for the $75K I have no idea. Part of me wants to buy a house near where I have a bunch of family in Florida (and where I want to end up) and rent it out but the thought of being a landlord does not sit well with me. That and it will be 20 years before I move down here and god knows what the area (and the house) will be like then, so I have pretty much ruled that out. In this area (Palm Bay) I ...
by go_outside
Wed Feb 06, 2013 5:52 pm
Forum: Personal Investments
Topic: What to do? Never had money to worry about before.
Replies: 15
Views: 5086

What to do? Never had money to worry about before.

Hi – I hope I am doing this as correctly as I can. Here goes nothing… Gross salary: Normally $53K-$55K (likely in the mid-40s this year (7 weeks FMLA unpaid) Annuity: $6,100/year after tax for life Minimum Monthly expenses (around $2000 including funding Roth) Emergency funds: Two years of expenses (job is stable now but politician changes in the future may affect that – little action in my field right now to find a new job) *$35,000 in savings at Barclay (currently 1.00%) *$10,000 i-bonds (2013’s max). Will probably continue to move $10k per year until all emergency funds are in i-bonds. *$5,000 B of A (.01% - but where my checking is and most immediate access) Debt: Zero debt. House and cars are paid off. No student loans. One credit card...