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If you have a mortgage or any debt pay it off with your inheritance before you start thinking about accumulation.

Why not just keep riding the horse that got you here? I'm 28 and joined this board while I was in college! I've got a great job I love/hate and could go in 8-17yrs, but as trying my job is, I feel like the challenge is needed, at least at my age.

For our retirement my wife and I, I use a global approach in which 1/2 of our portfolio is "sailing" with a 100% equities asset allocation 60% US and 40% international. Next I've got roughly 20% in alternative investments / absolute return type funds. I target 3% above inflation for this and...

The wife and I were debating this the other night (better than fighting about debt, heh) After 2 1/2yrs of marriage she wants to buff our checking because it freaks me out when it dips and then I complain about our spending. Of course, I see this as a good thing because it only happens when...

Depending on what you own through Jones I would be VERY careful about instructing Vanguard to "liquidate & transfer" which means Jons sells what you have and send a check. The safer route would be to have Vanguard (which is an ACAT eligible firm) request a "transfer in-kind" of what you have at...

Do you mind sharing what in your numbers you and your accountant don't see eye to eye on?

If you're a 39y/o retired investment analyst, why are you not: 1. Seeking out a team of trusted professionals who can help you help your folks Or 2. If you want do it yourself, asking elementary questions on an internet message board?

Don't do it. I've met a lot of pikers with MBA's that work in personal banking or sales support in insurance, they still think they're bigshots with an MBA and spend like it too. Probably pretty nice $45k-55 jobs to have in this economy. Probably not great to have with an MBA and a mountain...

Really nice snag! WINNING

Do you have Fidelity Brokerage Link?

I worked for them during high school and college (2000-2006) they're a mover and a shaker and in fact they made their mistakes with inventory when I was there, but they have to be dumb-proof for their workers, they changed it and now they're refining the process, and to be honest their employees...

You don't have enough assets to need LTCi and I wouldn't buy a CD or an annuity here. I don't want to be a downer, but you absolutely need some growth on your money to have a respectable retirement. Somewhere between 40/60 bond/stock or 60/40 in no-load funds (if you're capable and confident...

I know a lot of people who died earlier than expected that spent extra years piling up money for their kids to piss down the drain after their death. The average inheritance is gone in 18mo. I don't know anyone who has outlived their money, save for nursing home / terminal illness cases, etc...

You didn't, and if you had it wouldn't be a problem at all. I like a little banter back and forth as long as everyone is civil about it =)

So the cost of the bank paying multiple branch vice presidents to surf the net and cashiers to chew bubblegum and gossip while waiting for someone to walk up doesn't affect CD rates? That's just free? Fixed Annuities don't charge any loads or expenses, were you under the impression they do?

If you buy a CD, you're giving your money to a bank, they loan it out, subtract their expenses and profits, and give you the remainder in a stated rate. If you buy a traditional deferred annuity, you're giving your money to an insurance company, they're investing it in a portfolio of bonds and...

What can you lose in an index annuity? The only thing I can think of is purchasing power and the same holds true for a SPIA, CD, or bond. Just curious, why are they good and an index annuity is evil?

Vanguard and DFA aren't competitors. It's a completely different level. DFA wouldnt' want 95% of Vanguard's clientelle.

I LOL'd at your photo. Well played! I still believe variable annuities have their place in certian circumstances. Not this one since the OP doesn't have enough information.

Absolutely not. I don't fully understand nor can I fully explain all the ins-and-outs of my health insurance, and I can't fully describe it's mechanics to you. However I can see how it meets my needs, and benefits me and I understand my options if I want to change. I'd advise the OP to...

Everything I've seen from DFA Funds (both raw performance and risk-adjusted) is seriously badass. I would have no problem sending a friend or family member to their platform even for a marginal wrap fee. I've met a couple guys who work for RIA's heavy into DFA, and I will say the guys seemed a...

You're talking about a variable annuity with a GMIB (Guaranteed Minimum Income Benefits) Rider. You don't have enough information to make a deciision. You shouldn't buy it, you need more information. Focus on the actual benefit to you more than the nuts and bolts. They will turn, the features of...

I'm not paying a broker for my funds either, although I'm only indexing with about 10% and the other 90 is split evenly between actively managed T. Rowe and my Ameritrade / DRIPs with individual stocks. I'm a student of the profession and not affraid to commit the time and every day I learn...

I've owned it for 5 years. Bought it at 21, took a 2:1 split, sold half in the mid 40s, rode the other 200 shares all the way to $1 and then rode it back up. Here we go down the other side of the slope. Unfortunately they postponed earnings release and that hasn't been a good deal.

A wrap fee is annual, a sales load is not. My accusation of you lying is detracted as well. It is unlikely, but not impossible, that your broker could have sold you a sales load and then sometime thereafter moved you into a wrap account at 1.99% in which case you may re-apply the "thief" label...