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Maybe she’s assuming our government will continue printing money and primming inflation ? If so, in 2030 , 20 mil may be todays 5

Dec 2023 vs Dec 2021, with no withdrawals or spending are within ~1%. Virtually no difference in total balance. With inflation and lost spending power, not exactly sure how much we’ve lost.

OP, We have a brand new house on the lake, half way between Austin and San Antonio. It’s low end of your price range ….😀.

Have experience. Wouldn’t do it again. Still at Fidelity, invested in index funds

Hello, My DW has a current disability that is unlikely to improve enough for her to resume her occupation. She is currently getting Short term disability from her employer. That has a 6 month expiration and if she is still unable to work she can apply for LTD from her employer. She also has a...

I retired from MegaCorp in October 2020. I felt guilty so I gave my boss two months notice. He was the best manager I had out of 13 in my career. He was happy for me and actually let me help interview candidates for my position. All that being said, in retrospect three weeks would’ve been...

HVAC unit had a coil leak with rust. Cost to repair was $3k-6k provided the parts could be found. Have warranty with American Home Shield. Fast forward, we had a brand new, very expensive HVAC installed today (took 3 techs 9 hours nonstop) . Couldn’t wait for AHS to concede to paying for repairs...

OP here. I’ve been with Fidelity for over 20 years. Tried their managed accounts and that was a performance and expense mistake. Without getting too specific, Fidelity has opened two new accounts as a result of me adding spouse as a co-owner. Also, locked another account with Zero explanation...

Currently we have accounts at Fidelity. In the past 10 days Fidelity has made several very frustrating mistakes on our, my and my significant other's accounts. Normally I would just grin and move on, but SO has noticed these mistakes and actually questioned the competence of the reps assisting...

Thanks for that advice. Last night upon learning of my blunder I called Fidelity and blocked all online access. This morning I went in person and changed account number. What an idiotic mistake on my part. It’s made me refocus on account security. Even made me want to get an encrypted email...

Moderators did it for me. What a stupid mistake on my part. I’ve taken several steps to correct my blunder :facepalm: Thanks for the heads up ! Just moving too fast and not paying attention

Op here. I do know I’m saving 0.45% in management fees this year, which is nice

Here's the fixed income summary

Thanks for the summary ! I was wondering if I should sell (if possible) some of these bonds, even at a loss given current interest rates ? I can stay put if that’s the best option

I’ll post the summary shortly. Thanks

Attached are the positions in my Fidelity bond account. This account was constructed by the Fidelity managed bond team. I have since terminated their management of this account. The CD's were purchased by me. Any thoughts or advice will be appreciated !

Thanks for the comments and advice !

So last week we had ice storms and freezing rain. Tree limbs and electric lines frozen over with ice. Fast forward, some limbs and lines snapped and power went out. Some areas had no power for 4 days. Not a grid failure but an ice event that caused downed power lines. Power lines to banks...

6 months worth of expenses in checking/money market. Enough cash/cash to last a few weeks if we have emergencies that prevent ATM access or power grid failures and the like.

My wife is co-owner on an investment account with her mother. They thought it would make things easier and more accessible, but we are now wondering about the tax implications. The accounts were originated by her mother and my wife was added instead of getting power of attorney access...

Did the call me with a code option. Tried multiple times. It didn’t work. Convinced rep to add a cell number while on the line, but it supposedly won’t activate for 3 business days. I agree with those that said they’ve never been in a Fidelity office. I never had either. For a elderly novice...

So in the case of someone that has never opened any bank or investment accounts on their own, Fidelity’s authentication won’t allow an online account application. In these rare circumstances there needs to be a paper application with actual signature. I did this yesterday. In the case of...

Has anyone had experience opening a new account virtually, entirely online ? Family member wants to move money to Fidelity, but in person appointments are hard to get. Additionally, family member doesn’t move well and also doesn’t have patience to sit in a reps office for an hour plus.

This is good advice for those of us that tend to be impulsive ! Next goal for Auntie is to get necessary Medallion Signatures to move mutual funds and annuities into her Merrill Lynch account. Then look at tax implications of those holdings, which is way, way above my pay grade. Thanks to all...

Yes, should have clarified. Some amounts in these accounts were older statements so don’t reflect true balances. Also, she actually has $485,000 in CD’s currently not $465,000. Hoping dust and balances will settle a little, but the scariest part of having all that money in non interest...