Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Asset Allocation
Old 04-05-2010, 09:17 AM   #1
Dryer sheet aficionado
 
Join Date: Jun 2007
Posts: 41
Asset Allocation

My wife pulled most of her money in her 401k rollover a couple of months ago because of the health care debockle. Now she wants to put it back in slowly. I am looking for a good site to help her with asset allocation. This is money she will not need for at least 10 to 15 yrs. I am telling her to look at index funds. easy and fees are not too much.History: we are 57, retired, state pension will take ss when we get 62, extra money comes from saving about 10k/yr., we live on about 50k/yr., house paid for & no debt.
Any help is good. Thanks
__________________

__________________
rpow53 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-05-2010, 09:20 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,615
Do you want a "site" or do you want a "book"?

Best site: Bogleheads Investing Advice and Info
Best books are listed at the best site.
__________________

__________________
LOL! is offline   Reply With Quote
Old 04-05-2010, 09:24 AM   #3
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
I found this to be a good book on AA's:

Amazon.com: All About Asset Allocation (9780071429580): Richard Ferri: Books

Check to see if you can get it at your local libarary to review.
__________________
rescueme is offline   Reply With Quote
Old 04-05-2010, 09:36 AM   #4
Thinks s/he gets paid by the post
IndependentlyPoor's Avatar
 
Join Date: Jul 2009
Location: Austin
Posts: 1,142
Quote:
Originally Posted by rpow53 View Post
My wife pulled most of her money in her 401k rollover a couple of months ago because of the health care debockle. Now she wants to put it back in slowly.
As I write this, the DOW is at 10,975. Who wudda thunk it? Certainly not I. If the old aphorism "the market hates uncertainty" was ever true, the market should have swooned, for little is more uncertain than a massive change in the entire health care system. That, and the prospect of ballooning federal debt, and yet the market booms.
__________________
IndependentlyPoor is offline   Reply With Quote
Old 04-05-2010, 12:18 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
 
Join Date: Feb 2006
Location: Washington, DC
Posts: 8,634
Quote:
Originally Posted by IndependentlyPoor View Post
As I write this, the DOW is at 10,975. Who wudda thunk it? Certainly not I. If the old aphorism "the market hates uncertainty" was ever true, the market should have swooned, for little is more uncertain than a massive change in the entire health care system. That, and the prospect of ballooning federal debt, and yet the market booms.
Except the health care proposal was never that big a deal from a market perspective. It just boosts proceeds for insurers. If the proposal was single payer - that would be a major uncertainty.
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Old 04-05-2010, 01:10 PM   #6
Dryer sheet aficionado
 
Join Date: Jun 2007
Posts: 41
with so much happening what is a person to think. even the pros are giving conflicting reports. I am thinking just a good mix of index funds and hope for the best! Thanks for the replies.
__________________
rpow53 is offline   Reply With Quote
Old 04-06-2010, 03:18 PM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
 
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,017
These types of pie charts abound in the literature. Here is an example of AA recommendations for various projected retirement years.

http://news.morningstar.com/pdfs/ben...io04052010.pdf

One of the contributing authors at Morningstar seems to be hosting a week of AA articles. Here is the first:
http://news.morningstar.com/articlen...#page=0&part=2
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 04-06-2010, 03:42 PM   #8
Confused about dryer sheets
 
Join Date: Jan 2010
Posts: 6
Quote:
Originally Posted by rpow53 View Post
I am looking for a good site to help her with asset allocation.
Shouldn't both of your asset allocation be viewed as one instead of separate?
__________________
taemoo is offline   Reply With Quote
Old 04-06-2010, 04:48 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Quote:
Originally Posted by freebird5825 View Post
These types of pie......
Key lime is my favorite.

Oh...and I've been taking a few profits lately and shifting them to a stable value fund.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 04-06-2010, 05:02 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,432
Quote:
Originally Posted by bbbamI View Post
Key lime is my favorite.

Oh...and I've been taking a few profits lately and shifting them to a stable value fund.
I just bought a Key lime pie. On sale, couldn't pass it up. There goes the diet. Looking like you are a dirty market timer.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 04-06-2010, 05:06 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
 
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,017
Quote:
Originally Posted by bbbamI View Post
Key lime is my favorite.

Oh...and I've been taking a few profits lately and shifting them to a stable value fund.
Quote:
Originally Posted by Dawg52 View Post
I just bought a Key lime pie. On sale, couldn't pass it up. There goes the diet. Looking like you are a dirty market timer.
You two are NOT helping my "diet".
I'm a purist - I don't eat key lime pie unless I am down south. I had this piece of KL pie in Tampa that was to die for. I'll be seeking out the real deal again in 2 weeks.
I like to put whipped cream over top of key lime yogurt, though.
End of threadjack...
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 04-06-2010, 05:12 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Quote:
Originally Posted by Dawg52 View Post
I just bought a Key lime pie. On sale, couldn't pass it up.
Ooooooh...is it Marie Callender's?
Quote:
Originally Posted by Dawg52 View Post
Looking like you are a dirty market timer.
Ummm, hmmm...a woman has to get gritty every once in a while...
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 04-06-2010, 05:44 PM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,432
Quote:
Originally Posted by freebird5825 View Post
You two are NOT helping my "diet".
I'm a purist - I don't eat key lime pie unless I am down south.
I think Mississippi qualifies.

Quote:
Originally Posted by bbbamI View Post
Ooooooh...is it Marie Callender's?
Edwards. Not restaurant quality but will do in a pinch.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 04-07-2010, 08:53 PM   #14
Full time employment: Posting here.
friar1610's Avatar
 
Join Date: Jun 2002
Posts: 820
If I understand your post correctly, your wife NEEDS to get that money back into a "qualified plan" ASAP of you will have a big tax bill. If she took it out at age 57 I believe she will be subject to not only income tax but also a penalty for taking it out early. Whatever she wants to invest it in, she should put it back into an IRA rollover right away. (That would be considered another "rollover" not a withdrawal if she does it within (i forget) 60 or 90 days. She can put it in a MM fund within the rollover iRA and decide later specifically how to invest it.

I hope I am wrong on this, but a few years ago I took money out of 401K's so I could pay cash for a new house. I had a limited time to get the money back into a qualified retirement plan or I would have faced big consequences.

I hope I am misreading your situation and you are not facing that.
__________________
friar1610
friar1610 is offline   Reply With Quote
Old 04-08-2010, 07:42 AM   #15
Dryer sheet aficionado
 
Join Date: Jun 2007
Posts: 41
[QUOTE=friar1610;923296]If I understand your post correctly, your wife NEEDS to get that money back into a "qualified plan" ASAP of you will have a big tax bill. If she took it out at age 57 I believe she will be subject to not only income tax but also a penalty for taking it out early. Whatever she wants to invest it in, she should put it back into an IRA rollover right away. (That would be considered another "rollover" not a withdrawal if she does it within (i forget) 60 or 90 days. She can put it in a MM fund within the rollover iRA and decide later specifically how to invest it.

I hope I am wrong on this, but a few years ago I took money out of 401K's so I could pay cash for a new house. I had a limited time to get the money back into a qualified retirement plan or I would have faced big consequences.

I hope I am misreading your situation and you are not facing that.[/Q

Thanks for the reply. no she did not take her money out , she put it in a mm. we treat her rollover seperate from mine because we live on different money accounts. hers is long term, 15yrs., we don't need it now and have enough to do us for a while unless we are TAXED to death.
__________________

__________________
rpow53 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Best Asset Allocation for an ER RockOn FIRE and Money 21 02-11-2008 01:18 PM
Asset Allocation Help phatrabbitzz7 FIRE and Money 11 01-10-2008 03:39 PM
Asset Allocation help dm FIRE and Money 13 08-13-2007 02:24 PM
asset allocation eddie Hi, I am... 8 05-08-2006 08:12 AM
Asset Allocation kenepp1 FIRE and Money 2 01-14-2006 03:33 PM

 

 
All times are GMT -6. The time now is 07:10 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.