Comments on: GFÂ¢ 053: 6 Safe Places to Invest Your Money in Retirement

By: kevin

kevin — Sat, 05 Mar 2016 20:46:27 +0000

Is my 401 (k) really going to be the financial security blanket that I need when I retire, or should I be investing somewhere else? I’m not near retirement, but I wonder how much money I will lose once I begin withdrawing money?

By: Nelson

Nelson — Wed, 22 Jul 2015 07:02:43 +0000

In reply to Jeff Rose. Thanks for the link, Jeff. I went to their site. I looked around a bit. It looks comparable to Betterment or Wealthfront.

By: Jeff Rose

Jeff Rose — Wed, 22 Jul 2015 03:34:25 +0000

In reply to Nelson. @ Nelson The cost of AssetLock is included in the advisory and management fees associated with FormulaFolios (the investment manager). http://formulafolios.com/

By: Nelson

Nelson — Wed, 22 Jul 2015 00:49:21 +0000

What are the fees associated with asset lock?

By: Chris Muller

Chris Muller — Tue, 21 Jul 2015 20:48:58 +0000

Peer to peer lending seems to be a growing field for investors. I’ve personally never tried it out, but I’ve kept my eye on it as a potential solution. I still think there are *relatively* safe bets when investing in stocks, but you have to know what you’re doing. One method some investors choose is to invest in the stocks of stable, established companies that pay quarterly or annual dividends. This is a way to help offset your losses in case the stock you invest in declines in value. But, when the stock rises in price, the increased dividends are usually just a bonus that will increase your capital gains. Dividends also offer nice income during the year. One book I love is the Intelligent Investor by Benjamin Graham. His methods heavily revolve around investing in dividend-paying stocks. Great article, Jeff. Well written and very comprehensive.

By: Jeff Rose

Jeff Rose — Fri, 07 Dec 2012 14:56:09 +0000

In reply to Skip Przelomski. @ Skip You should be able to roll your 457 plan into an IRA once the merger takes place or you can leave it in the 457 plan until you decide to move it out. You should not be forced to cash it out. Incorrect on the 457. You can roll it into an IRA and I have helped many clients do so.

By: Skip Przelomski

Skip Przelomski — Thu, 06 Dec 2012 13:13:38 +0000

I have a 457(b) account (12+ years) where I work and will be retiring in about 1 year (currently age 63). The company is being merged into another company that is not a non-profit and is not a U.S. company. What happens to my 457(b) plan if current company is dissolved and I have not retired? Can the money stay tax deferred in the fund administrator (VALIC) products and I would pay income tax as I withdraw the tax deferred funds? Or if my company goes away will I have to lump sum withdraw my retirement account and incur a huge income tax event? I understand that you can not roll over a 457(b) into anything but another 457(b)…is that correct?
Thanks!
Skip