Hello everyone. I haven't been around these parts in a while. I ER'd back in 2009, and upon doing so I left all my savings stashed in the company plan, as it is mostly stock and has done pretty well, considering. (No need to gasp and clutch your pearls; I have heard all the "you're doing it wrong" advice that I can handle.)
My DH is still working and will be 60 in 2015, when he plans to retire, too. I never felt any urgency to make distributions or any major financial changes since it seemed like we had "plenty of time" . (Yeah... no lectures, please. ) We sort of thought we'd just hand everything over to a financial advisor, having attended what seems like several hundred rubber chicken dinners. Poking around this site, I can see that you will all be ready to stone me for that blasphemy.
Now that I have bared my soul, I'd like to ask where to begin educating ourselves on investing. Should we take a course? Are there online sites where the terminology won't make my eyes cross? I don't know my NUA from a hole in the ground.
I will say that I am ignorant of investing and financial matters, because truthfully it scares me. I would like to say that I am a "low risk" type, which is belied by the fact that my entire life savings is invested in stock. I guess handing money over to an FA is the easy way out; then I can blame someone else when doo-doo occurs.
OK, enough of that. Where do I begin?? Help, please.
My DH is still working and will be 60 in 2015, when he plans to retire, too. I never felt any urgency to make distributions or any major financial changes since it seemed like we had "plenty of time" . (Yeah... no lectures, please. ) We sort of thought we'd just hand everything over to a financial advisor, having attended what seems like several hundred rubber chicken dinners. Poking around this site, I can see that you will all be ready to stone me for that blasphemy.
Now that I have bared my soul, I'd like to ask where to begin educating ourselves on investing. Should we take a course? Are there online sites where the terminology won't make my eyes cross? I don't know my NUA from a hole in the ground.
I will say that I am ignorant of investing and financial matters, because truthfully it scares me. I would like to say that I am a "low risk" type, which is belied by the fact that my entire life savings is invested in stock. I guess handing money over to an FA is the easy way out; then I can blame someone else when doo-doo occurs.
OK, enough of that. Where do I begin?? Help, please.