QOTD: mr. c shares 10 seconds on fiscal restraint
September 26, 2007

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reviewing one’s portfolio, investing money, & the duh factor
September 11, 2007

I meet with the administrator of our retirement plan tomorrow and look forward to nailing down:

  • what our monthly contributions should be to retire age 65 with 75% of current salary;
  • what our monthly contributions should be to retire age 65 with 100% of current salary (omg that seems nuts but heck why not know the number);
  • and the biggie: what our current allocations should be to achieve any or all of above.

I predict we have too many domestic equities (vs having at least some international stocks). But at this point I’m talking out the wazoo.

Considering one’s age & risk tolerance are key, sure. Yet it’s perspective and context that I crave from tomorrow’s discussion (a follow-up to this first meeting).

Beckoning to tomorrow’s planner:

Help us afford more than tooth picks & water during our sunset years!

More to follow post meeting manana.

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Our retirement plan administrator TIAA-CREF

crazy yet cool: benefits of online banking & my first 1.5 months with ing’s savings account
September 4, 2007

That’s far more aggressive than three years of business with our brick-and-mortar bank — all three years combined. Not even close.

ING’s low overhead packs a punch in our favor: 4.5% interest rate, no minimum balance vs the brick-and-mortar bank of $2,500 minimal opening balance at .65%.

It frankly took a while for my psyche to actually embrace online banks; it was purely phobic on my part where as my husband was more game long ago to commit. We chose ING for their name recognition.

The monthly & annual yield makes for supreme immediate gratification; I split my pants every week to deposit more into the account. Maybe that means savings is fun – or I need to get out more. Hmm.

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