blah blah finances blah blah

[rmd]

so, i've been pondering my finances lately.

as usual, i'm thinking that i should be saving more money. then again, i suspect that if i could retire this moment i'd still be thinking "man, i should be saving more money. what if..."

i'm thinking about talking to some kind of financial planning type, but haven't done anything about it yet.


[Poll #743154]

if you're local to me and have a financial planner you like, feel free to share the name. i have an irrational aversion to most "hey, talk to our financial planners" offers from amex et al since i pessimistically assume they're going to act in a way that maximizes their happiness in terms of "meeting boiler room quotas" and less to maximize my happiness in terms of "making me a lot of money".



thanks!

Comments

[hotpoint.livejournal.com]

Well, usually the 20% rule-of-thumb also includes any contributions your employer makes on your behalf. Then you could also add money to a Roth IRA. Finally, you could put after-tax money into tax-friendly investments, like tax-managed mutual funds, stocks that don't pay much in dividends and municipal bonds. All of those would let you avoid having taxes eat away at compounding, which is a big factor in investing for the long haul.

[tactical-grace.livejournal.com]

Unfortunately, a Roth isn't an option for me. Figuring out tax-friendly investments is the main reason we're going the financial planner route, actually.