My mom is a part of NYS Deferred Compensation Plan and was given the choice of several funds to select but unsure which ones to pick. Looking for relatively safe sensible ones with less risk for my mom for retirement. Sorry in advance if this isn't the place and there's another place to be posting this. Appreciate the help, thanks!
Target Date Funds
T. Rowe Price Trust Funds 2010 through 2060, the auto-planner recommend 2020 trust
International Equity Fund- Active, International Equity- Index, Morgan Stanley Institutional Fund Inc- Emerging Markets Class IS, Pax Global Environmental Markets Fund- Institutional Class
Small Cap Stocks
Delaware Small Cap Value Fund- Instituional Class, NYSDCB Russell 2500 Index Unitized, T Rowe Price QM US Small-Cap Growth Equity Fund- I Class
Vanguard Strategic Equity Fund- Investor Shares
Large Cap Stocks
Boston Partners Large Cap Value Equity, Fidelity OTC, NYSDCB Equity Index Unitized, T Rowe Blue Chip Trust, T Rowe Price Equity Income, Vanguard PRIMECAP Admiral Shares
Pax balanced Institutional Class, Vanguard Wellington Fund Admiral Shares
NYSDCB US Debt Index Unitized, Voya Core Plus Trust
I keep seeing a large amount of people retiring without considering preparing their answers for their beneficiaries. Seriously, what would happen if you were suddenly gone and your loved ones are left with questions only you could answer. We're working on it and found one workbook which makes it so much easier. Hope this helps someone: http://new.beneficiarybook.com/
Had a discussion with my wife regarding our 401k. Her recommendation is to cash out the 401k upon retirement and purchase rental properties that would result in steady income in retirement. Does anyone have and thoughts on this method for funding retirement?
Hi all. I’m hoping you can help. My mother has been a life-long renter. She is 65 and took early retirement. She makes little — about 800 a month. She gets Medicare benefits paid due to her low income. Her credit is quite good. She is looking at a first-time buyer’s loan for a small two-family. The mortgage company wants to add rental income to her total monthly income to qualify her for the loan. Will this endanger her Medicare benefits?
My wife is a teacher and currently has a 403b through Lincoln Financial. This retirement plan only makes up about 5% of our overall retirement portfolio and we are in our mid-30s. The default 2045 allocation seems overly diversified IMO.
I am wondering if it makes sense to simplify the fund allocation to minimize expenses (overall expense ratio is ~0.6%). I am leaning towards changing the allocation to VINIX (40-50%), AEPGX (25%), VBTIX (10%), and 1-2 TBD Mutual Funds for the remaining %.
Any thoughts on this strategy?
2045 Retirement Default Allocation – Allocation (Exp Ratio): AM Fds EuroPacific Growth A (AEPGX) - 26% (0.85%) Jhn Hnk Discip. Val Mid Cap Fund R6 (JVMRX) - 16.5% (0.77%) Vanguard Institutional Index (VINIX) - 12% (0.04%) Vanguard Bd Index Total Bd Mkt Indx (VBTIX) - 10.5% (0.04%) Victory Sycamore Small Company Opp (VSOIX) - 7% (0.96%) AM Fds Washington Mutual A (AWSHX) - 6% (0.58%) Oppenheimer Global (OGLIX) - 5% (0.70%) Jpmorgan Equity Income (OIEJX) - 4% (0.50%) Dodg Cx Income (DODIX) - 4% (0.43%) Invsco Equity And Income (IEIFX) - 3% (0.39%) Prud Jenisn Small Company (PJSQX) - 2% (0.68%) Vanguard Inflation Protection Sec Inst (VIPIX) - 2% (0.07%) Lincoln Stable Value Account -Z78 - 1% PIMCO Total Return Inst (PTTRX) - 1% (0.51%)
Other Available Funds Mass Large Cap Growth (MLRSX) - (0.63%) Mass Mtl Slct Midcp Grwth (MEFZX) – (0.73%)