The Sun's Financial Diary

Just got off the phone with Vanguard and Scottrade regarding transferring part of my Roth IRA asset from Scottrade to Vanguard and the news wasn’t pretty. I submitted the paper work on September 29th and had expected to whole process to finish in October. According to Vanguard, the transfer can take up to four weeks, [...]

A study report released today by National Association of Realtors found that a majority of the 78 million baby boomers, those born between 1946 and 1964, face uncertainties when it comes how to retire. The study was to find what kind of homes baby boomers will buy when they approach retirement. However, it also shows [...]

Back in July, I learned from Scottrade, which holds my Roth IRA account, that one of my favorite Vanguard funds, Vanguard Wellington fund (VWELX), is closed to investors who invest in the fund through a brokerage firm. I have been investing in the fund since 2001 and have no plan to give up my positions. [...]

Obvious? Maybe not, at least according to a Money article I read today. The article showed what a money manager at Vanguard has observed from people participating in Vanguard 401(k) plan: People with median assets of $200,000 have median income of $69,000, and People with median assets of $38,000 have median income of $83,000 And [...]

Well, after a long delay, I finally called Vanguard this morning to check out the possibility of transferring my Roth IRA assets currently at Scottrade to Vanguard. I currently have a total of five funds in my portfolio and four of them are Vanguard funds: VTSMX, VWELX, VGTSX, and VIPSX. The only exception is BRSIX, [...]

I came cross an article on SmartMoney.com yesterday titled “The Girl’s Guide to Retirement? and there are some interesting numbers in the article that caught my attention. Everybody knows women tend to live longer than men (on average five years longer), yet when it comes to retirement expectations, women usually underestimate the amount they need [...]