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  1. I actually glance at Morningstar each evening and log into my 403b most days. I have to keep Morningstar up to date too, so I try not to get behind. Especially with the 403b, I have to enter the $1.50 TPA fees divided up between all the funds, so it's a bit tedious. I see it both ways. I think it would be fantastic to do as Bogle says, forget about it. If a busy life and not a priority, it is about the only way to go. And then just go "wow." when you see the balance. On the other hand, it's possible there is some motivation in checking in regularly, motivation to increase contributions, etc. PLUS, I have caught payroll contributions not in 403b as late as the 22nd of the month after payroll and they admit to me they forgot to send in the check. So for the 403b/457 accounts, sometimes checking that your contributions are actually applied is important.
  2. Hi tony, YTD is 14.34. It would be better, but that small percentage in the REIT index is flat this year, dragging the performance down. 1 Year is at 18.5. It is good information and to be reminded of the performance of these various allocations posted is helpful!
  3. Do the members here still share their quarterly performance? Q3 90% equity (8% of this REIT index, 33% international equity) 10% fixed income I brought in 4.97% Q3. No reason to complain right now.
  4. Yep, I think you you made a smart move. I agree that it could vary case by case, but most of the time the "free corridor" is going to be their final attempt to keep some of your money with them. Congratulations. It must feel great to have made this change.
  5. Sometimes when I regret not starting my 403b contributions sooner, I realize I may have just been with AXA if I had done it uninformed. Roth IRAs are so good for those just starting out with savings, zero fees in doing that at Vanguard, Schwab, etc. (besides the low expense ratios). I wish the word would get out for people to start with that as well. Even with the low limits, using that your entire career would make a great impact and might then motivate one to move to the 403b for additional savings. This was such a good story to read (or listen to), so glad they shared it with everyone! One most hope that even when people do not post here they may search google, read a handful of posts like these, and then make a much better decision for themselves.
  6. Bogle has mentioned you might consider your pension as some of your bond portfolio. If the investments will only be a bonus to you and pension covers retirement, that could work for a few folks. I like some bonds even with pension to withdraw from in bad market years and to potentially buy more equities if the market did crash by using some of the bonds to buy stocks low. I never go over 20 percent bonds, not sure if I will in retirement.
  7. Yep that is a big help! I wanted to share my favorite 401k / 403b calculator. I like it because it is simple and allows you to input a dollar amount rather than percentage. I think many of us do a set dollar amount or the maximum amount rather than save a percentage of our income. I think this is powerful is testing out scenarios too. Just keep plugging in different years, amounts, etc. Playing with it can give a novice (probably no one here) a much better understanding of how time and contributions will change their final balance. The biggest thing I learned from calculators like his is the power of time. Saving 30-40 years, your final balance is all about the interest, you make so much compared to the contributions over a long period of time. My favorite calculator: https://financialmentor.com/calculator/401k-calculator Now, if you did not start saving young, a calculator like this will break your heart a bit!
  8. Congratulations JillDavis! I certainly agree that a very small number max out the 403b. I further agree that so few take advantage of the 403b or 457b. Of course, considering the offerings in the 403bs traditionally, I'm not always sure that is a bad thing. When I first started 403b a few years back, the payroll clerk mouth about hit the floor "you need a broker, this form will never go through."
  9. Thanks! Yes, I know it is not a massive deal, but I would rather get the money in the market sooner. I also agree that it is not necessarily trivial. If someone contributes $1500 per month and the money goes in on the 20th, 2/3 of the year the account was $1500 short.
  10. Thank you. I am going to kindly ask about this at work at a good time. By the way, I may get the funds a tad early because the markets are up so far today especially VNQ (I have the fund equivalent), and it has been a bad month for VNQ, so that probably seals it that I will buy more today on a 100bps higher price! 2 days sounds awesome. It might be a trick where the TPA keeps it a while, not sure.
  11. My 403b contributions take as long as 20 days after payday to arrive in my account. I hate the wait! And it seems to always be on a day with .5 to .7% gains that it buys! The luck. ha-ha! Are these waits fairly normal? Thanks.
  12. I believe it is a great website with simple suggestions so that people will not go wrong. Surely, the 403b is much better, that and a teacher's own Roth-IRA should work for most participants!
  13. Thank you! I enjoyed the show. It is important to remember what so many go through with their 401k/403b.
  14. Great article. The graph they use in their marketing materials is misleading if it makes one believe they are going to see that performance today over Vanguard Total Stock Market. I will note that the Growth Fund of America they used in the analysis was an expensive version. Institutions like CalSTRS Pension2 have a much lower ER version and no load fees (ticker RGAGX). You can find quite recent time periods when it beats, fairly narrowly, Total Stock Market. Still, the fund made the big gains decades ago, it does not make those noteworthy gains today in its bloated size. So why would one need to add the risk? It is more or less an index fund today with the higher risks of being growth stocks only and active management. The funds that do continue to impress me are the PRIMECAP funds. The three closed Vanguard funds by PRIMECAP and especially the closed "aggressive growth," at PRIMECAP directly. That one is ticker POAGX. Had my investing bug caught sooner, I would have made monthly contributions to POAGX.
  15. Thanks! What do you do as you keep working after 59 1/2, keep rolling it out of Pension2 once a year? Furthermore, what about the protections offered on a 403b account versus a regular IRA? Most do not worry about that? I do some to Roth IRA at Vanguard, but I worry of the possibility of moving to Washington state with no state income tax (probably won't but it is possible), so I only do about 1/2 of my max. I thought about continuing with Pension2 until I hit the $50,000 mark in 2-3 years at which time move to CTA that has a flat $80 fee (I know people do not like CTA much, but the plan is pretty good with good Vanguard funds). My concern there is the 1 week or so the money would be out of the market with a check being sent to CTA. I would just go with Fidelity now they are approved at my TPA, but they have an extra requirement of an agreement signed with the individual school. My district uses the TPA to have a hands off approach and they have no interest in doing an agreement beyond the TPA. Thanks! You both gave me more to think about and also made me feel reassured that I am not wrong to consider the long term consequences of the asset fee. I agree it is not tiny, but it is tiny when you have a small balance, which is what CalSTRS pushes if you ask them. I believe it is a tough spot for them because take Fidelity for example can have a $25 fee because they figure at least some people will buy the more expensive funds. Pension2 has to rely on the fees to cover the entire program.
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