Fidelity Freedom Index Funds offer deposit-and-forget convenience with low cost, broad diversification, and automatic rebalancing.
Charles Schwab will offer an online investment management service to compete with Betterment and Wealthfront. Does it mean it’s game over for the startups?
The maximum amount of earnings subject to Social Security tax will increase in 2015.
Vanguard, Fidelity, and Schwab default cost basis tracking method to average cost for mutual funds. Here’s how you can change it to specific identification to minimize taxes.
Rebalancing between stocks and fixed income isn’t buy low sell high. Most likely you will sell high buy higher.
Social Security benefits will have a small cost of living adjustment in 2015.
Retiring early means lower average earnings for calculating Social Security benefits. However, once you reach the second bend point, you aren’t losing much. I provide a spreadsheet to help you calculate when you will reach the second bend point.
A generous new account bonus and free trades make Merrill Edge a great discount broker for holding ETFs. Package deal with Bank of America gives you free checking with no ATM fee.
2015 contribution limits for 401k, 403b, SIMPLE, and IRA.