Recent content by Tif7

+1 Started saving and investing in 2001. T

Final number: -6.5%. Not making any withdraws. Almost all of the loss is non-us investments which were -14.6%. T

1. Joined this community 2. Refied. Rates have dropped since and I will refi again as soon as possible in 2012. 3. Provided face capital to a small business. T

You might find it hard to get a reasonable no cost refi on a 59k balance. A low cost home equity loan may turn out to be a better option so look into those as well. T

Employee Benefit Research Institute’s annual publication using their data on • 23.4 million 401(k) plan participants, in • 64,455 employer-sponsored 401(k) plans, holding • $1.414 trillion in assets. 401(k) Plan Asset Allocation, Account Balances, and Loan Activity In 2010 | EBRI From...

Happy holidays! T

You want it done fast, you want it done cheap, you want it done right? Pick two and call back. T

You could pay off about 30k, leaving you some cash for an emergency. Then dump the 2k a month you are clearing into the remaining balance and you will be done in 5 months or less. T

First things first, but not necessarily in that order. T

Thanks for posting. I'm on a mobile with a crappy browser that's not doing so well with that link so I will have to read the article later. After clifp posted calculations and comments it helped me understand what people were taking about. And what you just posted reaffirms that. I was totally...

+ 1 Ignore the instructions. If I follow the instructions I get rice that I think sucks. But after trying different amounts of water I found what's needed to make it the way I like it. T

Sorry to hear this. Always remember that. T

Mulligan - those are steep contributions. Hopefully it shores up the system and your benefits don't get cut in the future. Clifp - thanks for taking the time to post your comments and calculations. It helps to get some insight into how you think about these things. T

Could be. It depends on what the liability is today right? Total payments for the next 20 years will be 1.8B, but because of the time value of money the liability will be less then 1.8B (Just as 20 years of mortgage payments will total more then a balance of 100k today.) Let’s say it’s 1.3B...

Same here. My megacorp has reduced benefits a number of times already. I think it's only a matter of time before they shut it down completely. It's not COLA'd. I'm at least 20 years away from collecting anything. Whatever I have earned by the time they shut down will be worth very little by the...