Retirement

Buy that Big Screen TV You Want and You’ll Still be Fine When You Retire

Posted by Sun on March 8, 2007 (4) Comment

Go ahead and buy that big-screen TV. Enjoy your daily latte. Book your dream vacation. When it’s time to retire, you’ll be just fine.
Though this is not exactly what came out of my mouth, it pretty much represents my opinion when it comes to enjoy the life today and live comfortably 30 years later.
In an [...]

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Are We Saving Too Much?

Posted by Sun on January 28, 2007 (5) Comment
Yesterday, I read an article on New York Times with the title "A Contrarian View: Save Less, Retire With Enough" [Registration required]. Without reading the article, the message seemed to be very clear: maybe we are saving more than necessary. If you visit any of the big mutual fund firms' website, such as Vanguard, Fidelity, or […]

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IRA Transfer from Scottrade to Vanguard: The Horrible Experience Continues

Posted by Sun on January 16, 2007 (0) Comment

The first thing I did when I came to work this morning was giving Vanguard a call, again.
When I filled out the IRA asset transfer form to move all Vanguard funds in my IRA account I had with Scottrade to Vanguard, I provided a blank check and instructed Vanguard to automatically invest $200 into [...]

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Finally, My IRA Transfer is Completed

Posted by Sun on December 14, 2006 (3) Comment

I can't believe it took more than two months to transfer my IRA assets from Scottrade to Vanguard.
Last night, I finally received the confirmation letter from Vanguard, saying that the transfer is now completed and my Vanguard account is ready. The assets were moved to Vanguard on December 8th, two months and eight days [...]

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myPlan, Fidelity’s Retirement Calculator, Said We Need $6 Million for Retirement

Posted by Sun on December 4, 2006 (4) Comment

Fidelity’s myPlan is a simple retirement calculator which estimates the retirement assets based on your current age, annual income, and monthly saving rate. There are five simple questions to begin the asset projection:

How old are you?
How much do you make per year?
How much do you save so far, including everything you saved for retirement such [...]

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