Stock Thread 2018

[Removed 3]

not all target date funds are the same. the least you can do is to understand the asset allocation in your target date fund, not just select the fund based on when you expect to retire. does it make sense to you? are you happy with how it has performed given the volatility in the market? can you take on more risk?

some of the talk-show radio i've been listening to advises selecting a target date fund beyond your expected retirement date because the closer the date, the more conservative the mix is (more % in bonds)

you need to feel comfortable with your glide path to retirement

https://www.fool.com/retirement/2018/05/11/3-big-problems-with-target-date-funds.aspx

 

[bikeama]

Most of the time it is better to be lucky than good. Started with Hormel in March of 1980. Worked 31 years. Hormel put the value of two weeks pay in a deferred stock account each year. I bought $25.00 every week with the employee stock plan. Put 25% of my 401K in Hormel stock until I retired. Moved 1/2 of my 401K stock to a fixed account when I retired. I know now it is not good to have eggs in one basket. But young and dumb I did. The eggs have been good too me. I am sure there are many other stocks that have done better. But I am a happy camper.

 

[Chet]

Who is backing up the wagon for all the discount stocks?
Pretty much everything in the red, some goes for -20%-50%.

 

[afm199]

Who is backing up the wagon for all the discount stocks?
Pretty much everything in the red, some goes for -20%-50%.

I've made some more purchases of stocks I like and sold some I don't.

 

[FXCLM5]

can someone tell me what is the avg 401k portfolio supposed to look like in your

30s
40s
50s
60s and retirement

like should it be

30s = 100k
40s = 250k
50s = 500k
Retiring = 1 million?

i think i put waaaaaay too much in, and really shouldnt be doing that but hording $$$ for the next big real estate curve which is coming.

 

[JesasaurusRex]

Any good black friday deals?

 

[Killroy1999]

can someone tell me what is the avg 401k portfolio supposed to look like in your

30s
40s
50s
60s and retirement

like should it be

30s = 100k
40s = 250k
50s = 500k
Retiring = 1 million?

i think i put waaaaaay too much in, and really shouldnt be doing that but hording $$$ for the next big real estate curve which is coming.

$1M in today's money would do at retirement if you can live off ~$38,000 today.

https://www.investopedia.com/terms/f/four-percent-rule.asp

 

[bikeama]

$1M in today's money would do at retirement if you can live off ~$38,000 today.

https://www.investopedia.com/terms/f/four-percent-rule.asp

True $1M ~ $38,000

But SS depending on the age you claim ~ $20,000 to $30,000 IF you have a pension some of us do, add another $30,000

Now $98,000 a year I can live on.

 

[Removed 3]

still not yet use to the bumpy ride my accounts are experiencing in reaction to the news, but i find comfort in continuing to see reinvested dividend transations in my history logs

 

[FXCLM5]

So at age 65 I shud have 2 mill to retire.

Or buy up homes and have rental income forever.

Man 1st world problems

 

[Reli]

Or just leave the country, it's going downhill anyway.

 

[Bowling4Bikes]

So at age 65 I shud have 2 mill to retire.

Or buy up homes and have rental income forever.

Man 1st world problems

best of luck!

right now my plan is to retire earlier than that will far less money. I may end up very happy, or I may end up as a greeter at Walmart, haha. If the stock market doesn't go belly up in 15 years, I should be fine though.

 

[afm199]

can someone tell me what is the avg 401k portfolio supposed to look like in your

30s
40s
50s
60s and retirement

like should it be

30s = 100k
40s = 250k
50s = 500k
Retiring = 1 million?

i think i put waaaaaay too much in, and really shouldnt be doing that but hording $$$ for the next big real estate curve which is coming.

There's no such thing as having too much money at retirement. There may be in having too much of one asset.

 

[900ss]

Interesting thoughts here, pretty much mirrored by other large brokerage houses.

https://www.fidelity.com/viewpoints/retirement/retirement-guidelines

 

[mlm]

Interesting thoughts here, pretty much mirrored by other large brokerage houses.

https://www.fidelity.com/viewpoints/retirement/retirement-guidelines

+1

Keep in mind that most of the savings to income ratios will be skewed by the higher housing costs in the area. They generally don't take into account the effects of a mortgage or rental income streams.

 

[Blankpage]

Canada will have to build a wall to keep out all the retired Americans who can’t afford US health care.

 

[Bubba_s]

Canada will have to build a wall to keep out all the retired Americans who can’t afford US health care.

"And those rapist, criminal Americans are gonna pay for it!!"

 

[byke]

Retire within driving distance of Panama City. World class care for very little. Something like $1500 for rotator cuff surgery and $5k for hip replacement, most major surgeries under $10k. Correlation is not causation, but something you'll find with cheaper healthcare is greater income disparity, so maybe trading one set of issues for another.

 

[rodr]

So at age 65 I shud have 2 mill to retire.

Or buy up homes and have rental income forever.

Man 1st world problems

Be sure to factor rising sea levels and climate change into retirement planning. For example, don't invest in property that may be under water in 20-40 years.

 

[Bubba_s]

DOW down 799. Yikes