Recent content by DaleD

I have a 401k with Fidelity. I'll be retiring next year. So far, Schwab looks really good to me. The fees are similar between the three, but Schwab offers a CFP to advise and make a plan for $300. If I like the advisor, I can have access to him or her for $30/month. I've contacted all three...

I have done an essential budget. That is a budget that will provide a reasonable standard of living, with some allowance for unexpected expenses. The good news is, we are essentially debt free. Our two cars are paid off. The house is paid off. No credit card debt or loans. So, monthly essentials...

Thanks for your reply. I am in a similar place to you in terms of a spouse who isn't much into financial management. That is one of the benefits. I have contacted a few advisors, and a casual friend directed me to a local bank that offers fiduciary financial planning. An added enticement is that...

I will retire at the end of the year. I'll turn 64 in Nov. I have social security, 401k and a small pension. No debt, other than the usual monthly bills. My first question is, do I need a financial advisor? They are not cheap, around 1% of assets. I know enough to be dangerous, but I'm an IT guy...

I'm 62, and I plan on retiring when I'm 63 at the end of the year. I did the math, the break even on social security if started at 64 is 80. That was what I was planning, then it occurred to me, if social security appreciates at 7% a year, why not just hit the 401k harder until I'm 66.5, or later?

Hi, I'm Dale, I'm 61 and live in Ohio. I work in Information Technology, and my days are numbered there. I'll retire soon, not sure when, it won't be my choice. My situation is, I've just paid off my house, my cash reserves aren't great, but I do have a reasonable 401k. I've done some simple...