Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
FinancialEngines.com IPO
Old 03-16-2010, 02:25 PM   #1
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,320
FinancialEngines.com IPO

Looks like Bill Sharpe is contemplating cashing out:
Nobel Winner Sharpe's Firm Prices IPO Above Range (Update1) - BusinessWeek

FNGN gains 40%

One of the more successful 2010 IPOs. It'll be interesting to see how it holds up when the lockup expires...
__________________

__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords 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 04-02-2010, 01:48 PM   #2
Thinks s/he gets paid by the post
IndependentlyPoor's Avatar
 
Join Date: Jul 2009
Location: Austin
Posts: 1,142
I used Financial Engines before retiring. Megacorp had a free link to it. I was impressed enough to cough up $300 some-odd dollars for a year's subscription for myself later. I ran scenarios until they were coming out of my ears, trying to build up enough confidence to pull the plug.

My only outstanding memory of the results is that it was very easy to increase the expected return... as long as you didn't mind sending the standard deviation through the roof. It was very hard to do much better than a plain-Jane conservative stock/bond allocation.

Last year I talked to their sales folk about withdrawal stage projections. They claimed to be working on it, but I don't know if it is out yet. When I last used it their "green light for retirement" is based on the cost of an annuity that pays enough to meet your expected needs.
__________________

__________________
IndependentlyPoor is offline   Reply With Quote
Old 04-02-2010, 02:07 PM   #3
Moderator Emeritus
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 32,211
Quote:
Originally Posted by IndependentlyPoor View Post
When I last used it their "green light for retirement" is based on the cost of an annuity that pays enough to meet your expected needs.
Yep.

I also ran Financial Engine scenarios out the wazoo in the latter years of the accumulation phase and was always left with the "OK, then what?" question regarding the withdrawal phase. That's why I was elated to stumble across FIRECalc in 2002 and three years later I pulled the plug.
__________________
Numbers is hard...



REWahoo is offline   Reply With Quote
Old 04-02-2010, 02:26 PM   #4
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,855
From the F.E. site:

"To estimate your retirement income, we use a process called annuitization and adjust for inflation to translate estimated portfolio values at retirement age into annual pre-tax estimated retirement incomes in today's dollars."

In other words (as I understand it), they assume you will convert your portfolio at retirement to an annuity and have that income stream along with any others (SS, pension, etc.) There is no assumption that you have to "plan" while you are retired.

That makes little sense since one of the "strongly suggested" facts concerning an annuity (more specifically an SPIA) is not to annuitize more than 50% of your portfolio.

F.E.'s said that they were working on a "retirement version" for at least the last five years (when I started questioning them). Of course, I don't pay for the service (I get it free via VG) so I really don't care.

For my heavy lifting, I use Fidelity's RIP (and cross-checked with other products, such as FIRECalc).
__________________
rescueme is offline   Reply With Quote
Old 04-02-2010, 07:34 PM   #5
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Houston
Posts: 14,792
I also used FE extensively in my early days of RE planning - it came free through Vanguard. However I stopped using it once I was a few years away as it assumed everything was annuitized once you retired. I did like using it during the accumulation phase.

FIRECALC and Fido's RIP are the ones I've used most this last few years.
__________________
Retired in Jan, 2010 at 55
Now it's adventure before dementia
Alan 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
blackstone IPO wdcohan Hi, I am... 2 07-03-2007 10:57 AM
Are You IPO Experienced Danny FIRE and Money 11 11-15-2006 04:19 PM
Vonage IPO Cool Dood FIRE and Money 4 05-17-2006 04:40 PM
GoDaddy.com IPO REWahoo Other topics 14 04-20-2006 11:21 AM
IPO thechoson Other topics 7 04-14-2005 08:26 AM

 

 
All times are GMT -6. The time now is 05:01 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.

Early Retirement News right to your Email!

Stay up-to-date with all the latest news to your inbox!

unsusbcribe at anytime with one click

Close [X]