Fidelity retirement plan

http://finance.yahoo.com/focus-retirement/article/108713/the-spend-every-penny-retirement-plan?mod=fidelity-readytoretire How in the world did this become good investment advice? They are basically advising retirees to spend every dime of their retirement savings. That now it is becoming "increasingly popular" not to leave a legacy to family and to spend every last dime on country clubs, fancy dining, and cruises? I understand when you are retired you should spend some money on yourself...but why are they encouraging retirees in the middle of a recession to not save for the future and to spend, spend, spend??? What if they sick? What about medical bills? Is the economy so bad they are trying to bankrupt retirees so they will spend their money instead of hoarding it in the bank?

Several years ago, Cliff began investing in stocks and bonds. He made his selections on the basis of articles he read describing good investment opportunities. Some have worked well for Cliff, but others have not. Cliff has never taken the time to evaluate his portfolio performance, but he feels it isn't very good. Cliff currently has about $90,000 invested. He has been dating a woman lately and hopes to marry her in three years, at which time he will need $20,000 for marriage expenses and a honeymoon. Cliff's only other objective is to accumulate funds for retirement, but he does not have a specific dollar target for this goal. Cliff feels that he has a moderate risk-tolerance level. 1. Explain some disadvantages of Cliff's current investment approach. 2. Construct a portfolio for Cliff, limiting your selections to 5 mutual funds (assume that he sells his current stock and bond holdings). Make sure your plan indicates specific dollar amounts for each portfolio component. Make sure your plan also explains your selections for each portfolio component. Visit an investment firm that deals in mutual funds, such as, Vanguard.com, AmericanCentury.com, Fidelity.com, etc. and select 5 mutual funds that will diversify Cliff’s portfolio. Record the fund name, ticker symbol, 5 year average annual returns (can use 3 year if 5 year is unavailable), the amount to be invested in each fund, and the amount returned in 3 years using the 5 years average annual return for the wedding. 3. Explain how Cliff should periodically rebalance his portfolio, indicating how frequently rebalancing should be done.

I am 35 years old.....I have about $40 thousand dollars in my 401k plan thru a previous employer...I no longer contribute to plan.....I just want to tuck it away somewhere and forget about it until I am 65....Which do you think is better, an IRA, or should I stick it in a "2045" plan which would be the year I plan to use it...Both would be through Fidelity which is where the 401k is currently thru...I would love to hear what you guys think...Fidelity seems to be pushing an IRA, but I am sure there is a reason they are pushing it.... Regards, Kenny

I invested €150 within a retirement plan as follows: 30% America Fund (USD) 30% China Focus (USD) 40% European Aggressive (EUR) http://www.fidelity-international.com/pricing/docs/mt/index.html There are rumors that the USD is overvalued, yet, my broker cannot give me advice whether to sell or convert my funds to EUR although he suggests I should "wait and see" (indirectly). What would you suggest?

i am currently employed and may choose to leave my company by the end of this year. i am knew at 401k plans and pensions and how they work..anyways my co uses fidelity and i was able to see how much pension benefits i would get if i retired at 51 or 65 . its aid that i am 100 % vested and it had an amount for monthly payments then a diffrnt amount for a lump sum i am 35 and not close to retirement age of course but does anyone know if i chose to takke it lump sum that i would be eligible to do so or not. and will i get taxed on it ?

Cliff Swatner is single, 33, and owns a condominium in New York City worth $250,000. Cliff is an attorney and doing well financially. His income last year exceeded $90,000, and he has sufficient liquid assets to supplement his condominium and other tangible assets. Several years ago, Cliff began investing in stocks and bonds. He made his selections on the basis of articles he read describing good investment opportunities. Some have worked well for Cliff, but others have not. Cliff has never taken the time to evaluate his portfolio performance, but he feels it isn't very good. Cliff currently has about $90,000 invested. He has been dating a woman lately and hopes to marry her in three years, at which time he will need $20,000 for marriage expenses and a honeymoon. Cliff's only other objective is to accumulate funds for retirement, but he does not have a specific dollar target for this goal. Cliff feels that he has a moderate risk-tolerance level. 1. Explain some disadvantages of Cliff's current investment approach. 2. Construct a portfolio for Cliff, limiting your selections to 5 mutual funds (assume that he sells his current stock and bond holdings). Make sure your plan indicates specific dollar amounts for each portfolio component. Make sure your plan also explains your selections for each portfolio component. Visit an investment firm that deals in mutual funds, such as, Vanguard.com, AmericanCentury.com, Fidelity.com, etc. and select 5 mutual funds that will diversify Cliff’s portfolio. Record the fund name, ticker symbol, 5 year average annual returns (can use 3 year if 5 year is unavailable), the amount to be invested in each fund, and the amount returned in 3 years using the 5 years average annual return for the wedding. 3. Explain how Cliff should periodically rebalance his portfolio, indicating how frequently re balancing should be done. This is what I have so far but i need help with choosing the 5 mutual funds Can anyone help me out? Some disadvantages of Cliff's current investment approach are that he has not kept track of his investments. Having made the investments Cliff should have kept track of them. He should hold on to the investments that are doing well and sell the ones that are not. Investing without any specific targets or goals, doesn’t help when he is trying to accumulate funds for retirement. Different investments have different risk and should be kept in mind while investing. He has no dollar amount as a target, while investing it is important to have the dollar amount that he wishes to acquire. Based on these and the expected returns, a monthly allotment can be made. Without the target, it is difficult to put aside any amount of money. His portfolio should if possible be a diversified portfolio so that the instability in returns is reduced. This means that he should include some low risk securities such as Treasury Bills. Advantages of Mutual Funds: Professional Management - The primary advantage of mutual funds (at least theoretically) is the professional management of your money. Investors purchase funds because they do not have the time or the expertise to manage their own portfolio. A mutual fund is a relatively inexpensive way for a small investor to get a full-time manager to make and monitor investments. Diversification - By owning shares in a mutual fund instead of owning individual stocks or bonds, your risk is spread out. The idea behind diversification is to invest in a large number of assets so that a loss in any particular investment is minimized by gains in others. In other words, the more stocks and bonds you own, the less any one of them can hurt you. Large mutual funds typically own hundreds of different stocks in many different industries. It wouldn't be possible for an investor to build this kind of a portfolio with a small amount of money. Economies of Scale - Because a mutual fund buys and sells large amounts of securities at a time, its transaction costs are lower than you as an individual would pay. Liquidity - Just like an individual stock, a mutual fund allows you to request that your shares be converted into cash at any time. Simplicity - Buying a mutual fund is easy. Cliff can invest the $90,000 as follows: Asset HoldingsAmountProportion Growth stocks$27,00030% International stocks$18,00020% High quality bonds$22,50025% Zero coupon bonds$13,50015% 3 to 5-year CDs$ 9,00010% Total$90,000100% Rebalancing the portfolio means moving from risky assets to safer assets as you time passes. The logic behind that is that an investor would not like to lose capital as he grows older, since the sources of income would be limited. As people approach retirement, they tend to become more risk averse. Their investment strategy also tends to emphasize capital preservation. This increased conservatism is a very normal response. However, this shift in risk tolerance requires tha

I'm 20 years old, just recently I was offered a job as a programmer and analyst. I'm looking over all the investment options offered and I have a huge list of funds to choose from, I'm just still really confused. I plan on talking with a fidelity representative for more insight but want to gather some info as well from others that have gone through this. I do plan to invest the max contributions and I'm wondering since I'm so young should, I be looking for aggressive funds like Spartan 500 Index or Large Cap Vaule Enhanced Index, etc. Any insight would be great, thanks.

I'm 17 almost 18 in December. I asked my parents if I can open a Roth IRA with $2,500. My Asian parents said NO! My Asian parents have retirement accounts with fidelity. Once every 6 months they send a huge envelope that show my parent's earning at fidelity $44,000. I am planning on opening a roth IRA with fidelity online. My Asian parents said my retirement will hurt my financial aid. I have $8,000 in the bank and $500 in my savings. I currently have a job. I have no 401K. My Dad LOST his job and my mom is working to support 3 kids in college. I am the last one to go to college, currently a senior at HS. I have good grades. 1) How can I achieve my goal of opening a roth? How can I tell my parents it's smart to open one now? 2) Will my future 401K conflict with my Roth IRA??? 3) If I DIE what will happen with my Roth? should I care? 9 minutes ago 4) Ths current 2008-09 limit for contributing is $5,000. What happens if I don't contribute? Do I have to? 5) What if I lose money in my Roth IRA and it falls below the $2,500 requirment at Fedility will I be charged? http://www.themoneywisecoach.com/tag/financial-aid/ says here, that it wont my financial aid because the aid only assess the income not your retirement!

My mother worked at Digital for 14 years, which was later bought by Compaq, which was later bought by HP. I contacted HP after my mother died last month to find out what they needed from me re: taking possession of her retirement account. My father died last summer, and they were actually divorced the year before. HP said the plan she had only allows them to give a pay out to her spouse and since there isn't one anymore they basically get to keep the money she contributed to her account. That doesn't seem right to me; I really don't believe my mother wanted to leave HP the gift of her money after she died. There wasn't even a small amount to cover funeral costs. I know she tried to change the beneficiary several months ago because I saw the letter from Fidelity (who handles the HP retirement fund) telling her she was not allowed to name one. Thanks so much. I appreciate any help anyone can offer. We live in NH BTW.

I'm a single dad of two kids and got laid off after 20 years. The retirement plan at my previous employer wasn't that great but it's something. I have just rolled my 401k into a fidelity IRA. I'm just trying to get a feel at what everyone else thinks the stock market may do so that I can adjust my IRA choices. I'm 48 and just started a new job with a power company. I can get back to what I was making before but it will take a little time. It also has a 401k and some kind of retirement but since I won't be making as much and trying to recover from being laid off so long I won't be able contribute like I want. Ant suggestions? I've got a few 100k in my IRA, wondering if I should roll the dice and risk it all, play real conservative or mix it up. I'm planing on working at least another ten years..that's for sure. After that it depends on wether health care gets fixed and how the market does.

i have been workng for my employer one of the largest telcom names in the world for abt 10 years and i still dnt know the real dffrnce in what a 401 k or a pension plan is.. i am finally about to consider starting to save for my retirement by contributing frm my paychecks and i tried to understand the dffrnce but still confused. or are they the same thing.. ok so my co uses Fidelity Investments and i logged in and i recongid me thru my employer yadayadayada.. and it asked the percentage i want wthheld and how much my co would match and what type of investsments whc i plan to learn myself what i want but.. then it had ths button to click on for my oension account so i did.. it said by age 65 if i retire i get $500 monthly so what does that mean? bcz i havnt invested or contributed any money so does that mean once i give the percentage of the amount to take and all that stuff.. by the time i retire i will have the benfit frm that amount i chose PLUS the $500 p month that they say i already vested .. is the 401k plan the amount i chose to give and the pension plan is the one i see where my employer wl pay me $500 p mo.. please someone explain to me like im in kindergarten so i know what i am doing yes i know i can call them and get advice after but i wnt to know the basic dffrnce so i know im gtng into thanks fr ur help

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K earning/saving by Dec 2009. So I plan to distrubute them in the following wayL 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending I plan to buy a house in like 4-6 years. Please help me and give me suggestions. I am not sure if I am making the right choices or not

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K earning/saving by Dec 2009. So I plan to distrubute them in the following wayL 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending I plan to buy a house in like 4-6 years. Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K earning/saving by Dec 2009. So I plan to distrubute them in the following wayL 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending I plan to buy a house in like 4-6 years. Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K earning/saving by Dec 2009. So I plan to distrubute them in the following wayL 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending I plan to buy a house in like 4-6 years. Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K earning/saving by Dec 2009. So I plan to distrubute them in the following wayL 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending I plan to buy a house in like 4-6 years. Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K saving by Dec 2009. I plan to do the following investment/finance based on the 50K: 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending Short term goal (marry and buy a house around 28-30) Medium term goal (have enough for kids college) Long term goal (safe retirement if possible) My income now is 58K, but it will raise to 65 next year, and will be between 70-90 avg in the future....(mechanical engineering) Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K saving by Dec 2009. I plan to do the following investment/finance based on the 50K: 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending Short term goal (marry and buy a house around 28-30) Medium term goal (have enough for kids college) Long term goal (safe retirement if possible) My income now is 58K, but it will raise to 65 next year, and will be between 70-90 avg in the future....(mechanical engineering) Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

I am 24 and have absolutely no experiences with investing. After payaing off student loan and cost of living/expenses, I will have about 50K saving by Dec 2009. I plan to do the following investment/finance based on the 50K: 401K --> 16.5K (I contribute the max allowed) CDK --> 20K (I will use this for future house buying) Roth IRA --> 5K (Will open with Vanguard or Fidelity, likely to do with Vanguard Retirement 2050 Fund) Scottrade --> 7K (I buy stocks from about 10 companies I like or know GE, Boeing, BOA, Citigroup, Macys, etc) Savings --> 2 K for emergency/extra spending Short term goal (marry and buy a house around 28-30) Medium term goal (have enough for kids college) Long term goal (safe retirement if possible) My income now is 58K, but it will raise to 65 next year, and will be between 70-90 avg in the future....(mechanical engineering) Please help me and give me suggestions. I am not sure if I am making the right choices or not Thank you.

Cliff Swatner is single, 33, and owns a condominium in New York City worth $250,000. Cliff is an attorney and doing well financially. His income last year exceeded $90,000, and he has sufficient liquid assets to supplement his condominium and other tangible assets. Several years ago, Cliff began investing in stocks and bonds. He made his selections on the basis of articles he read describing good investment opportunities. Some have worked well for Cliff, but others have not. Cliff has never taken the time to evaluate his portfolio performance, but he feels it isn't very good. Cliff currently has about $90,000 invested. He has been dating a woman lately and hopes to marry her in three years, at which time he will need $20,000 for marriage expenses and a honeymoon. Cliff's only other objective is to accumulate funds for retirement, but he does not have a specific dollar target for this goal. Cliff feels that he has a moderate risk-tolerance level. 1) Explain some disadvantages of Cliff's current investment approach? 2) Construct a portfolio for Cliff, limiting your selections to 5 mutual funds (assume that he sells his current stock and bond holdings). Make sure your plan indicates specific dollar amounts for each portfolio component. Make sure your plan also explains your selections for each portfolio component. Visit an investment firm that deals in mutual funds, such as, Vanguard.com, AmericanCentury.com, Fidelity.com, etc. and select 5 mutual funds that will diversify Cliff’s portfolio. Record the fund name, ticker symbol, 5 year average annual returns (can use 3 year if 5 year is unavailable), the amount to be invested in each fund, and the amount returned in 3 years using the 5 years average annual return for the wedding? 3) Explain how Cliff should periodically rebalance his portfolio, indicating how frequently rebalancing should be done. SHOW ALL WORK FOR EACH ASSIGNMENT AND EXPLAIN EACH STEP CAREFULLY.

Is Fidelity a safe company to use for retirement or should i join the pension at my job.

Who's the better choice for a retirement plan? And why?

I am a 31 year old who contributes the maximum to my 401k plan. Over the past couple of years, I've been moving my money out of stocks and into just the cash reserves with Fidelity Looking at my prospectus, it says that although it tries to keep NAV at 1.00, it is possible to lose money. My fear is that I'm going to wake up one day to a stock market crash and that I will be wiped out. Should I stop contributing to my 401k and divert the money I would be putting in there into something else? If so, what? And what should I do with the funds that I currently have saved for retirement (about 100K)? Should I take the penalty and just sit on the cash or should I just hope for the best?

Hello! I have a question that I'm hoping someone here can help me with. I have a retirement plan with my company. My retirement contributions are in two pots: one with Fidelity and one with TIAA CREF. The one with TIAA CREF is our required contributions to our retirement (company matched). My contribution to Fidelity is a Roth and is a voluntary contribution (also matched). What do I need to put into Turbo Tax to make sure these are all covered? Thanks in advance.

I need to get my car fixed and i was wondering if I can withdrawl the 2500 dollars in there. If I can, do they tax it alot?

I don't have a 401k....so my question is....do i open an ira like at fidelity, or t rowe, or do i go to a local bank and open a cd ira? Looking for suggestions. Thanks.

My work sponsored 401 (k) has lost approx. 44 percent YTD this year, and while I know that I am by far not alone in this regard, I was reviewing my asset allocation to determine if I need to re-allocate my dollars. If any of you are savy in this regard, and would care to help and offer your suggestion and reasoning, I would appreciate it. I am 27, and would consider myself a risk taker, so don't mind high risk tolerance investments...and obviously (and unfortunatle) have a while until retirement...but I also don't want to throw good money after bad. Here are the options my work offers for my 401(k) plan, with their cummulative 3 month and YTD returns in the following format (Investment, 3 Month cumm return, YTD return, As of Date) Stock Investments Large Cap * DODGE & COX STOCK -12.10, -26.05, 09/30/2008 FID BLUE CHIP GROWTH -9.22, -18.41, 09/30/2008 FID FIDELITY -14.14, -22.87, 09/30/2008 FID GROWTH & INCOME -14.30, -30.95, 09/30/2008 * FID GROWTH COMPANY -18.31, -22.78, 09/30/2008 FIDELITY MAGELLAN -21.27, -30.61, 09/30/2008 * SPTN US EQ IND ADVAN -8.36, -19.29, 09/30/2008 VANG PRIMECAP CORE -8.65, -13.23, 09/30/2008 Mid-Cap FIDELITY LOW PR STK -12.17, -19.48, 09/30/2008 * VANG CAP OPPS ADM -13.87, -20.06, 09/30/2008 Small Cap TRP NEW HORIZONS -7.31, -17.31, 09/30/2008 VANG SM VAL IDX INV 1.51, -8.72, 09/30/2008 International * AF EUROPAC GROWTH R5 -17.99, -26.16, 09/30/2008 AF NEW PERSPECT R5 -14.72, -22.36, 09/30/2008 * FID DIVERSIFIED INTL -20.84, -28.50, 09/30/2008 Specialty VANG REIT IDX INST 5.34, 1.92, 09/30/2008 Blended Fund Investments: FID ASSET MGR 50% -9.15, -15.32, 09/30/2008 FID BALANCED -12.63, -18.34, 09/30/2008 VANG TARGET RET 2005 -5.26, -8.57, 09/30/2008 VANG TARGET RET 2010 -6.32, -11.23, 09/30/2008 VANG TARGET RET 2015 -7.13, -13.17, 09/30/2008 VANG TARGET RET 2020 -7.87, -14.66, 09/30/2008 VANG TARGET RET 2025 -8.66, -16.25, 09/30/2008 VANG TARGET RET 2030 -9.46, -17.73, 09/30/2008 VANG TARGET RET 2035 -9.92, -18.60, 09/30/2008 VANG TARGET RET 2040 -9.87, -18.55, 09/30/2008 VANG TARGET RET 2045 -9.90, -18.56, 09/30/2008 VANG TARGET RET 2050 -9.88, -18.57, 09/30/2008 VANG TARGET RET INC -4.21, -5.77, 09/30/2008 Bond/Managed Income Stable Value FIDELITY MIP II CL 3 7 day yield as of 09/30/2008 3.69% 0.94 3.10 Income MGRS FREMONT BOND 7 day yield as of 09/30/2008 N/A% -3.45 -2.40 MY CURRENT ASSET ALLOCATION ARE ALL IN THE FOLOWING STOCK FUNDS: LARGE CAP DODGE & COX STOCK 30% LARGE CAP SPTN US EQ IND ADVAN 20% MID-CAP VANG CAP OPPS ADM 20% INTERNATIONAL AF EUROPAC GROWTH R5 10% INTERNATIONAL FID DIVERSIFIED INTL 20% Total: 100% Any help with new or better allocation would be helpful, or if it is worth it to take the losses now for future reward, I am not opposed to keeping as is. Also, if you would suggest a change, would you suggest leaving my current holdings as is...and only changing where I invest future contributions, or taking the money out of my holdings in the above funds and putting the dollars into new places? Thanks! - To clarify, I did not put this post on here in search of the one person who can predict the future and tell me what my 100% certain returns would be under each choice. I do however freely admit that there are others out there more experienced in 401k decisions than I am who might be able to offer an opinion to a young guy, not close to retirement, and willing to take the risk of investing in stock funds. I thank those of you who can offer such advice.

I'm 41 years old and contribute 10% of my paycheck to a 401k account and my company matches 5%, (yearly salary 70,000). The 401k plan has the following elections available: Fidelity Blue Chip Growth-FBGRX, Fidelity Equity Income-FEQIX, Fidelity Growth & Income-FGRIX, Fidelity Growth Company-FDGRX, Spartan US Equity Index-FUSEX, Fidelity Aggressive Growth-FDEGX, Fidelity Diversified International-FDIVX, Fidelity Emerging Markets-FEMKX a series of Blended Investments through the Fidelity Freedom funds, (i.e., Fidelity Freedom 2030-FFFEX) as well as Fidelity Puritan-FPURX and Fidelity US Bond Index-FBIDX and Fidelity RET GOV MM. I'm really not sure how to diversify my account correctly for my age and going into the future. Currently, I have 50% in the Fidelity Freedom 2030, 18% FID Growth Co, 5% Spartan US EQ Index, 11% FID Diversified Intl, 11% FID Emerg Mrkts and 5% FID US BD Index. Can anyone advise. I'm looking to this money for retirement purposes at 65.

I am 36. Have $16K in American Balanced Fund class B shares, started in 2005. I was naive when I got into it and now am hearing bad things about loaded American Funds that they don't perform any better than non loaded funds like Fidelity or Vanguard. It is a Roth IRA and I have no 401K plan, so it's all I have for retirement. Do I have to pay a penalty to switch over, or should I switch over?

I work for the University of North Carolina system and they are setting up a system-wide 403(b) plan. They have decided to stick with 2 retirement programs (Fidelity and TIAA-CREF), dropping the other options. I currently am with Lincoln Financial Group. Will I loose money/be penalized when I transfer to one of the two providers? And which one is the best one of the 2 options?

put into my 403b of what? I have no idea; only that I have a Fidelity account and I get to pick and choose my own stocks/ bonds/ etc... To retire in about 22 years, what's my best bet to make the most amount of money... help? THANKS!

Well, I just started my first real job less than a month ago and the agency that I work for offers a savings retirement plan through Fidelity. Is it a smart move for me to go ahead and set up a plan right now? It's all confusing to me! The economy doesn't seem stable at all and worries me a bit. I have a former employer based 401k with Vanguard that I have that I didn't know about not until few months ago which I received from a bonus of some kind. Should I roll that over to Fidelity? Also, my employer offers only Fidelity, Lincoln, and Valic. My agency will contribute 25% on the first 6% of total pay I contribute on a pretax basis, I make about 85k/ year. How much should I contribute per month if I do decide to follow through? Someone..please help with all the info you can give..thanks!!! 12 months/1000 hours before "100% vested." Only about $250.00 in the Vanguard account. Actually, 5 years to be fully vested..sorry. One more thing..my company does not offer 401k's but 403b's. Does that make any difference???

I recently inherited 200 thousand dollars (net) and need suggestions for income producing investments. I'm approaching retirement and this money will be a large part of my retirement plan. I will be talking to Fidelity and Vanguard very soon but wanted to get some thoughts from the "hive mind" here at Yahoo...ya never know!

I'm 68, retired in March and my ex employeer suggested that I contact this financial advisor to get some ideas and help about rolling over my 401K. He suggests combining my 401k and my IRA and putting them into " ing " with a guaranteed 7% and taking an inheritance (approx. the same amount as the ira and 401k) and putting it into an actively managed plan which charges around 2.5% instead of letting it languish or drop in the current mutual funds with Wash Mutual and Fidelity. I expressed interest in some growth, assessability, and the possibility of leaving an inheritance. Financial advisors opinions would be appreciated. I have no debt besides $780 monthly mtg. payment, I owe 60K on the house.

how do i cancel a 401(k) retirement plan?

I have been included in a fidelity 401(k) retirement savings plan, I need to cancel it this instant! It expires in two hours and I will lose a lot of money if I don't find out how to cancel this 401(k). If this helps: I have made an account at fidelity.com already! Plz hurry and tell me!

im starting to look intomy retirement fund. Id like to find a company that there is no minimum balance to have or requires a min. deposit every month. Fidelity so far has a cash savings plan, like a savings account. Would like to find more places or see if there is a company that doesnt require a minmum's

I need some feedback about investments. I am a government employee and put ten percent of my earnings into a TSP account with a 5 percent employer match. I've invested this within a lifecycle fund. I have recently opened up a Roth IRA account through Fidelity so that I may have more options and breathing room for my retirement. Currently I plan to invest $200 a month in the Fidelity Freedom Fund (which is another version of the lifecycle fund) which works out to about $2,400 per year. I am not very investment savvy and was looking for some feedback on here. Does this seem like a good game plan? Do you think it might be a better idea to reduce my TSP contribution to 5 percent in order to max out my Roth? Any feedback or suggestions welcome. Thanks much.

I'm about to enroll in my company's 401(k) plan. They match 50% up to a 6% contribution. I would like to contribute 6%, but I'm about to have to start paying off my student loans, which will be quite a big payment, so I don't know if I can afford it. But I guess my bigger question is how to allocate my investments, since I have no idea where to start. Here are my options: The target date retirement funds (I probably won't go with this) AmCent Strategic Allocation: Aggressive, Conservative, and Moderate (I may go with this b/c it would be simple to just put 100% into this single fund and not have to worry about splitting it all up into funds I don't know anything about) Fixed Interest: AUL Fixed interest account Cash: OneAmerica Money market Short term govt bond: Vanguard short term federal Large cap value: Fidelity VIP equity income Large cap blend: SSgA S&P 500 flagship Large cap growth: American Century Ulta, Fidelity VIP contrafund (continued) T. Rowe Price growth stock Mid cap value: OneAmerica value Mid cap blend: Ariel, Ariel Appreciation Mid cap growth: T. Rowe price mid cap growth Small cap blend: SSgA Russell 2000 index strategy Small cap growth: Vanguard explorer Foreign Growth: Amcent Int'l growth Oh, forgot to add - I'm 23 years old, but would rather be more "moderate" than aggressive

So I finally decided to sell my stock that I had bought through a Employee Stock Purchase and after tax thats what I was left with. Now I have not invested in a retirement plan yet and was very interested in doing so now. I was looking through Fidelity Investments since thats who I sold the stock through. Anyone have any advise on retirement plans? Assuming I retire at 65.

I have an interest in investing and retirement planning. In my humble opinion, it is absolutely unnecessary to invest in mutual funds with a sales load. It is just throwing away money when there are so many quality companies such as Dodge & Cox, Vanguard, Fidelity, etc. that offer funds with no sales charge. I looked at my friend's retirement options through his employer. EVERY SINGLE FUND had a front-end load of between 4% and 6% and most funds also had 12b1 fees. Most of the funds offered where through Alliance Bernstein. My question is how was his company sold on these funds? Did the decision makers just overlook it? Did they not know any better? Am I overlooking something? I see no evidence that funds with a sales charge perform any better. I am curious to see what you all think. Thanks.

An investment grp such as T Rowe price,Fidelity,Charles Schwab etc investing in conservative investments.

Location: bay area, CA The company is one of the fortune 100 companies in the world. They are seeking to hire financial advisors to service clients in the banking, investment, and insurance industry. The reason that they are looking for a financial advisors is because there is great need in the east bay area. They are looking to open a new office in Piedmont. As a financial advisor, You will be able to work in 3 sectors. Real estate, Insurance, and Investments. You will be working with about 2000 provider companies like ING, Fidelity, and Prudential. Your core business as a financial advisor is help people plan for their retirement, plan for their kids' education, investments, and insurance. Requirement: 1. Self-motivated 2. Willing to learn 3. Want to retire in 10 years or less. Are you interested in hearing more about this opportunity? Please shoot me an email with your resume. We'll talk!

Its with Fidelity and I want to keep the money that I have earned, but I have no idea how to do that. I wont be working atleast for another month due to help and I no longer have the job that contributed to my 401k, is there I way I can keep adding my own money to add to my own retirement saving plan. Thanks

I borrowed from my 401K this year. When I tried to do my taxes, the program asked me for information from a 1099R. The problem is, I didn't get one and Fidelity tells me they won't send me one because I received a loan and not a distribution. What do I need to do? On my W-2, there are two different amounts in boxes 1 and 3 and a code (D) and an amount in box 12, and the retirement plan box is checked.

My fiance has moved to a new job. The previous job set up a retirement account for her. The account dropped below $1000 (to $990) so Fidelity told her she needed to do something with the account. I believe the employer requires the $1000 minimum. She has a few options, take the cash (minus the taxes and penalties), create a traditional IRA, or create a ROTH IRA. We want to keep the money invested. We know the difference between a Roth and a traditional. We just dont know which would be better. I am a teacher and will have a pension. I also plan on having other investments (I havent started yet- I am 23 and just started teaching). A teacher I work with suggested taking the cash and then investing it in my name in a TSA when we get married. I dont like that because of how much she would lose to get the cash. I would think the ROTH is the best option, but dont really know. Any suggestions? She is not eligble for her new companies 401k yet and she has until March 15 to do something with the account.

Okay I'm 23 recent college grad and just married. I want to start a roth IRA and this will be my only retirement plan. I know to stick with a big name company like fidelity or vanguard but their websites are SO confusing. I have a high risk tolerance because I'm so young and think I want to open just a basic mutual fund and let the fund person keep track of everything for me. So my question I guess is how do I know which company to go with and which one of their funds to choose? Oh, and what is a prospectus and should I worry about looking at that?

It might take me the next year or so to find the time to get really educated on investing but in the meentime I need to buy something so Im not wasting all of my time. I am probably going to become a member of Fidelity and buy a mutual fund within the next month. After that I plan on getting spun up on everything and start to buy more. I just feel that if I wait till Im an expert on this stuff I will be 30 yrs old before I do anything. I cant wait that long to get started. What do you think???

I know these questions are poluting every board on the net. so here is another one: I max out my 401k, Max out my TRADITIONAL IRA anually (Fidelity's-Freedom 2050 Mutual Fund), *until 2010, where I will xfer to a roth* question: in 10k incriments I put towards CD (just till I get the advise I need/ Out of place/out of mind) the way my budgeting prediction is for November '09 (assuming things are still how they have been) is that i will have $120k in moneys to invest, of course I will not wait for the whole lump sum, i would be wanting to invest 10k at a time. This is left over for my budget after ,wedding expense, maxing out my ira's, vacation moneys I orginally wanted to throw it down for a outright purchase of a house, but i know thats not the best way. What would be the best way to invest money $10k up tp six times a year? Will banks looks at this as when i plan to buy a house, seeing that i have money to back up what i want? Im ignorant in this field! Blak

I work in the retirement plans field and understand the importance of saving for retirement as well as investing in a way which yields the best return for my retirement. I realize being young, I can absorb high losses and still have time to make up for it. However, I am too conservative and I feel I may be on the losing end with my 401k. ME - I am 28, 100% vested and currently defer 10% of my pay, which is roughly $45K annually. Currently, I have it invested 100% in a Money Market with Fidelity at a measly interest rate. I also have a Roth IRA, roughly $7K in a 5yr CD. Aside from these two plans, I have minimal liquid savings and zero credit card debt (my only plus :) ). I do have a mortgage and an automobile loan. To sum up, I need to gain confidence and invest better. Any suggestions? Hi Duck, Please re-read. I do not work in investments. I work with retirement plans. I also don't make $450K, drop the 0. Thanks.