LarryMelman
Recycles dryer sheets
In ER, I plan to pay my bills just like I've always done. A "paycheck" hits my credit union checking account, I pay my bills and credit cards from it, and invest any excess. In ER, I need to create this paycheck entirely on my own - I won't have any pension or anything else coming in.
I get stock dividends and mutual fund distributions in several taxable brokerage accounts - at Fidelity, Schwab, and E-Trade. I'll turn off all automatic reinvestment for a while and just let cash start to pile up.
Right now, EFT is set up from each brokerage account, into my checking account. (i.e. I don't do EFT between the brokerage accounts). I can do manual EFT transfers but I'd rather automate things if I can. Can I set up something like "on the 1st of the month, sweep all the cash out of my Fidelity account, into my checking account by EFT"?
Does anyone have experience to share in this area?
I get stock dividends and mutual fund distributions in several taxable brokerage accounts - at Fidelity, Schwab, and E-Trade. I'll turn off all automatic reinvestment for a while and just let cash start to pile up.
Right now, EFT is set up from each brokerage account, into my checking account. (i.e. I don't do EFT between the brokerage accounts). I can do manual EFT transfers but I'd rather automate things if I can. Can I set up something like "on the 1st of the month, sweep all the cash out of my Fidelity account, into my checking account by EFT"?
Does anyone have experience to share in this area?