32 Burst results for "Fidelity Investments"

Ways To Get Women Highly Involved in Retirement Planning  With Marcia Mantell

Top Advisor Marketing Podcast

07:31 min | 3 months ago

Ways To Get Women Highly Involved in Retirement Planning With Marcia Mantell

"Hello and welcome to another top advisor marketing podcast. We don't often bring somebody on like my guest Marsha today. And here's why most wage. I don't think there's enough people like her out there. She has an author blogger a retirement industry expert and the author of a couple of books that we're going to talk about today. Now. My favorite thing about March is be fundamentally understands how important it is for you as a financial services professional to Market communicate and help women make decisions when it comes to retirement because it is different you can think to yourself that it's not but you're wrong and we're going to talk about being wrong today and how to make it right Marshall. Welcome to the boss man. Thank you so much for having me. And that was quite an intro. Well, thank you a static. Well, I did we had such a fun pre-call and I was so excited. I saw your on my calendar today and I'm like, I love this lady so wage. All right. First off it just does give us a little bit of a foundation here. How did you become a retirement industry expert in an author of multiple books? Well, you know like many things Matt wage was I fell into it happenstance and sometimes you just walk through a door because someone opened it for you and Wallah you end up having a thirty year career change in my case. I ended up walking through the door at Fidelity Investments back in nineteen. Ninety two as they were I call it inventing the rollover IRA and I got put on an account team that needed to support the marketing and product efforts for the rollover Ira which of course now has become the be-all end-all of our entire business. I thought it was exciting. It was like the wild west and it lasted for thirteen years, which was all good. But meanwhile, I had these two amazing young girls, I was trying to raise at home. And Corporate America and motherhood does not always quite aligned. So I stepped out at Fidelity and said, you know what I need to figure out something different so that I'm not always screaming at my poor kids and I started mental retirement Consulting and just hit fifteen years of doing business consultancy work with the financial firm and financial advisors around the country. Is it specifically directed at women or just your experience in the industry overall? Great idea question here. The women piece evolved over time is what I would say we started out just trying to Grapple with and get our arms around this thing called retirement, you know, in nineteen. Ninety two, the 401K was only twelve years old. Well ten years old really and we were all just trying to figure this thing out and saving for retirement. What did that mean? And you dabbled in it off? Well after thirty years, it has become abundantly clear that women have very different retirements than men they're ill-prepared and they don't even often know how to get their arms around getting themselves prepared for another 30 year chapter. So it has happened over time. It has built over time and for me, I mean you May notice Matt I am a woman. So I'm particularly concerned, you know self-serving for my own benefits and my own retirement and my own ability to navigate the very complicated Financial world that we all live in and so just over time things evolved from being broad retirement zeroing in on two women and what women really nice and how to get in this money game. So that's my travels through retirement and getting two women. I'm going to ask you a really dumb question because just me formulating the question just seems awfully ignorant on my behalf. But why is there such a difference? I mean, you know, we live in society together. Why is there such a fundamental need for financial services professionals to understand the differences in how women want to prepare for retirement and men want to repair for prepare for retirement? Why is there such a big difference wage? Well behavioral Finance would probably have some really academic wonderful. Research to answer that but I'm going to go a different route and I would tell you it's because men and women are fundamentally culturally Society wise. I live in the same Society. We see it differently in our roles are different add to that. The laws that have been written around retirement have been radically different for men and women. I'm going to give you two examples. The first is social security when Social Security was written it's a law so I mean keep in mind here. We've got some thousand five hundred pages of legal doctrine that supports Social Security and Medicare it is a law in in nineteen thirty-five when the Charming men in Congress were fighting this law called the Social Security Act. Society I'm using that in quotes Society was very much what we would consider today a traditional white family. The man worked outside the home the little woman stayed home. She certainly didn't have a job for pay and she raised the children. So the laws were written literally to protect her that the expectation was the man would be out in the world working wage earning a living and providing for his family up until age sixty-five at which point he would enter retirement so he couldn't retire early by the way, he would enter retirement and provide for her still by having earned a paycheck along the way so that's one example, so just even in our laws it set up where men and women are different and have different access to their money the other one though, that just slays me to this day. When I started in the retirement business again, nineteen, ninety two moms at home moms who did not have wages could only contribute $250 to an IRA 250. That was it the working dad the working husband could put in $2,000. She could only put in a hundred and fifty it wasn't until Nineteen Ninety Six, you know, that's like yesterday for me as a baby boomer like oh 1996, you know, I know that era only then could at home moms make equal contributions into an IRA. I still find that stunning. It's jaw-dropping. So women were not even allowed to stay home to raise their kids and be able to save for retirement. So yeah, we live in the same Society but the laws look at these gender roles these traditional roles. Yep. Very differently in the laws are written in that era it can sometimes take a really long time to change them. Yeah

Same Society Matt Advisor Fidelity Investments Marsha Marshall Corporate America Congress
Which Jobs Are IN High Demand?

Clark Howard Show

03:40 min | 3 months ago

Which Jobs Are IN High Demand?

"You know this has been such an unusual recession that we're in. With. A number of people actually having more money. Than they had. A year ago. In jobs that seem to be secure roughly a third of Americans have been able to continue working from the safety of their own home. And then on the other hand, there have been tens of millions of Americans sixty, some odd million. The last count I saw who at some point or another this year or even right as I'm speaking. Are. Unemployed underemployed or even given up looking for work. So at a time that has been. Brutally different. Depending on the situation you're in and what kind of work you did. When the pandemic started. It lays out what's happened to you sense. and. There are a lot of people. Who because of what you did before? That, you can't do right now. You're still feeling like, well, you got to wait till that opens back up. Whatever? typically public contact work you were doing. That right now has you unemployed? Well. The reality is. In the midst of this. Horrific situation with public health and jobs. There are very large numbers of companies hiring frantically. and. It's what economists referred to as the to track. There are people that everything's going great for him and others that are absolutely terrible also referred to as the. Recovery where some people doing fine others still having a really really terrible time. So in there are companies hiring. Numbers of people. And think about the dichotomy and retail. With. So many retailers closing their doors. and others hiring massive numbers of people. Amazon in the hundreds of thousands. Walmart similar kind of amounts. So Wall Street, Journal, item that Fidelity Investments. Is. Hiring four thousand new workers. In jobs that don't require a college degree. And they're hiring is up get this in the midst of this up forty percent. This year. There are a huge number of technology companies hiring people who don't necessarily have to have. Skills in technology is those companies are growing. So quickly, let me tell you how much they're growing they account. For a huge percent of the value of the overall stock market now because the technology digital. Industry the Digital Economy is getting to be so much a thing. So here's an assignment for you. People. You know. Family friends even neighbors. That are still. Working everything seems to be fine for them. Talk to them find out about where they work. Are there opportunities there for you? That you might be able to get back on a payroll.

Fidelity Investments Walmart Amazon Journal
Fidelity Investments Tries Training Employees with VR Headsets

Snacks Daily

00:40 sec | 3 months ago

Fidelity Investments Tries Training Employees with VR Headsets

"Fidelity is trying out a new virtual reality office experience for all of its employees onboard they got one hundred, forty new workers who all got sent VR headsets to try to emulate the in office orientation experience picture like the Sims here but you're working on. TPS reports. WHO's a fake digital conference room for faith conversation and fake small-time classic you gotTa Love What they're doing over there. Now, some fidelity workers, they've already done like a virtual project together with this new virtual reality system fidelity workers had to do a team building scavenger hunt in the middle of a virtual snowstorm brutal because they're in Boston true story. That is how. Fidelity's first ever virtual orientation is going down.

Boston
Fidelity follows rivals in cutting online trading commissions to zero

WBZ Morning News

00:22 sec | 1 year ago

Fidelity follows rivals in cutting online trading commissions to zero

"One of them two weeks ago interactive brokers open the flood gates and now the number of rivals matching its move cutting online trade commissions to zero is up for this morning Boston's fidelity investments announces its eliminating what have been just under five dollar commissions for online stock ETF and options trades last week Charles Schwab TD Ameritrade any trade financial slash their commissions to

Interactive Brokers Boston Fidelity Investments Charles Schwab Five Dollar Two Weeks
New York City Lawmakers Pass Landmark Climate Measure

NPR's Business Story of the Day

04:10 min | 1 year ago

New York City Lawmakers Pass Landmark Climate Measure

"Support for this podcast and the following message. Come from Fidelity Investments, taking a personalized approach to helping you grow and protect your wealth. Learn more at fidelity dot com slash wealth. Fidelity brokerage services LLC on the steps of New York City hall more than one hundred people celebrated the passage of a landmark climate Bill last week. It doesn't target cars or coal it regulates big buildings. New York mayor Bill de Blasio is expected to sign the Bill into law soon. He says it's the first law in the world require emissions cuts from existing buildings, and it could serve as a model for other cities NPR's Camilo, Domino's ski reports think of New York City's famous skyscrapers. Now, imagine the power it takes to heat and cool and eliminate them. And maybe it's not so surprising. That buildings are responsible for two thirds of the city's greenhouse gas emissions. New York City mayor Bill de Blasio called it. The mother load in an interview with NPR buildings are the single biggest piece of the problem that hasn't been addressed. And we have the tools to do it right now. Everything about this. New law is big it focuses on big buildings and calls for big cuts to emissions ultimately eighty percent. And if buildings don't comply they will face big fines recuse the biggest buildings if these goals are not met the fines can be one. Million dollars per year or more even so what does it take for a building to slash its carbon emissions? Take a ride on the Empire State. Building's elevator. The world's most famous and you get to see Bill. Flakes to the last ten years. This landmark has gone through an ambitious energy efficiency overhaul. Tourists visiting the hundred and two storey landmark can't see them. But retrofits are everywhere. Insulated windows dim -able lights upgraded air conditioning, tools for tenants to cut consumption. Even that elevator is more efficient. There is no silver bullet these are lots of little pieces. So we call it silver buckshot, Anthony Malkin is the CEO of the Empire State realty trust which owns the building when you were deuce energy consumption, reduce carbon up. It's very simple. The Empire State building has dramatically slashed both energy use and emissions. But New York City's new legislation ultimately calls for even more cuts. This is absolutely a step that goes beyond anything that we've even accomplished in our buildings. The new law will carry a hefty price tag collectively the required retrofits will cost an estimated four billion dollars. But that's just looking at the costs. There are savings too. From lower bills over time. I'm the Empire State building spent millions on those retrofits, but it is already made back the investment, and then some so some of the required retrofits will pay for themselves, but de Blasios technologies that won't always be true. They are the kinds of mandates that assum building owners will find to be stretch goals, and we'll find to be difficult. But that's the point. That is the law is designed to push owners to make changes they wouldn't. Otherwise, New York is already a very expensive city large commercial landlords are frustrated that they have to make changes when other buildings don't and suggest the law could drive business away. But the mayor emphasizes that financing will be available and the bill's supporters respond to concerns over cost by pointing out that climate change poses an existential threat to this coastal city. They recall the devastating effects of hurricane sandy muddied Silva. Feral runs a nonprofit that pushed for the bill's passage the knives over kids and our grandkids are steak, and we really need to. Take bold actions. She asks anyone running a cost analysis to remember to account for those human lives. Camille, domino, sqi NPR news, New York City.

New York City Bill De Blasio New York City Hall Empire State Building NPR Empire State Fidelity Investments Bill Domino Services Llc Silva Camilo Anthony Malkin Camille
Come Work For Us: We'll Help Pay Down Your Student Loans

NPR's Business Story of the Day

04:27 min | 2 years ago

Come Work For Us: We'll Help Pay Down Your Student Loans

"Support for this NPR podcast and the following message come from NBC's new drama the enemy within Erica shepherd betrayed her country. Now, she's the FBI's only hope in stopping America's greatest enemy. But can she be trusted Mondays beginning February twenty fifth on NBC the size of the average student loan has nearly doubled over the past decade or so collectively Americans carry more than one point five trillion dollars in student loan debt. And some employers are seeing that as an opportunity they're offering to help repay loans on workers behalf as a way to attract and keep their talent. NPR's? Yuki Noguchi reports carrier Brian graduated from college six years ago with a political science degree and twenty eight thousand dollars in student loans. It was stressful because coming out and having to have a a payment of about two hundred seventeen dollars a month. I it just seems like a lot of money to pay back when you don't really know where you're going to be working how much you're going to be making O'Brien. Now twenty-seven wanted to save for a home or a wedding, but loan payments were her biggest roadblock. I've wanted to be debt free before I got married and ideally come to the table with some savings, then a year and a half ago O'Brien joined Fidelity Investments in Irvine California to work in client relations. She was told that after six months, she'd be eligible to have the company contribute to our loan payments. So I quickly marked my calendar. I call my parents at night and told them how excited I was because I had no idea an employer would help you pay off your student loans such benefits are relatively new and unusual. Only four percent of employers surveyed by the society for human resource management offer it, but you can see why it's increasingly popular, especially as school loans, become a bigger shackle. Data suggests student debt is delaying or preventing people in their twenties and thirties from buying homes at the same time unemployment is low and skilled workers hard to find employers who pay down student loans or more attractive. Live especially to younger workers, Kim Wilem is managing partner at Baker Tilley's human resource consulting group millennial turnover is different than any other generation before. And if I'm able to recruit somebody based off this benefit and then retain them for twelve or twenty four months longer than I'm getting a reward out of that. There are possible downsides often if an employee lease before a certain amount of time, they must repay the money. But while him says that can backfire sometimes what we see is that an employee becomes disgruntled, and then they're working they're simply because they don't wanna have to repay. But many say the upside is big at fidelity, for example, more than a quarter of its worker signed up for the program, which is only three years old. It pays up to ten thousand dollars over five years. Oshawa shrieking Taya a vice president of fidelity says those who participate stay longer at the company for us really focusing on retaining those. People especially after we've invested in training them as a really important thing. The program success lead fidelity to now sell it as a service other employers can offer she train beer ball is director of congressional affairs for the site for human resource management. She says loan repayment would be more affordable to nonprofits and small businesses. If congress makes it tax free for employers and workers more employers might be able to offer student loan repayment as a benefit to their employees, even without the tax benefits. Some employers say, it's worthwhile Madeline Macintoshes CEO of penguin Random House, which started offering loan repayment two years ago. She says about ten percent of the publishing companies five thousand employees participate, including she says older people who returned to school or took out loans for kids. I feel like it has really of outsized, emotional or psychological benefits for employees. I feel like if they were ranking it this would be up there at the top. And I don't think it's the most expensive. It's. Cost the company about a million dollars to date, far less. She says than what it spends on health insurance. You can Gucci NPR news Washington support for this podcast and the following message. Come from Comcast business having the nation's largest gig speed network was just the start. Now, they're providing gig fueled apps and solutions that exceed expectations and help businesses perform Comcast business beyond fast.

Taya NPR O'brien Yuki Noguchi Erica Shepherd NBC Comcast Kim Wilem Fidelity Investments Gucci Npr FBI America Oshawa Madeline Macintoshes Washington Baker Tilley Irvine California Congress
"fidelity investments" Discussed on 760 KFMB Radio

760 KFMB Radio

11:01 min | 2 years ago

"fidelity investments" Discussed on 760 KFMB Radio

"Fidelity Investments and vanguard are going at it Toda toe with one price cut after another after another and the latest involves a move. There was kicked off by vanguard. And now, Charles Schwab and fidelity have responded. And what it does is it allows you. You too. Bye huge numbers of. It's like a brother or sister of index funds or a cousin of a regular mutual fund called an ETF exchange traded fund, these are becoming one of the biggest areas that people go to to invest to diversify their money and to pay ultra low costs and on top of that most of these exchange traded funds ATF's very tax favorable, if you're investing outside of an IRA or a Roth IRA, so what vanguard kicked off, and then you had fidelity in Schwab respond to is that, you know, longer have to pay commissions on huge numbers of these ETF's so exchange traded funds trade kind of like a stock in normally if you buy and sell a stock you pay a commission. And even with the cuts and discount fees that still like five dollars or so every time you buy or sell something. But now these ETF's are available to you. In huge numbers vanguard pretty much all they sell including from competitors. And then we're Schwab and fidelity about five hundred or so of them at each of them, which covers the lion. Share the ones that most anybody would want to invest in. You have the ability now to save enormous amounts of money both and when you buy an investment, and when you sell it. But also what it costs you to have it over time. Because when you buy a mutual fund an index fund Oranje, you pay a management fee for having your money in it for the manager managing it. Well, what's happened is that the gap between the management fees, and in this case, no commissions versus the management fees and commissions, you paid a full commission. Stockbrokers is by far the widest it's ever been. And so now, you're going to see the full commission houses respond in really weirdo ways. Like, one of the new things they're up to is saying, hey, we're going to give you. Personally, tailored retirement account, and we're gonna build it specifically around you, and we're going to charge you a fee to do that. But ours is going to be so much better than what you could do with a discounter. And so they're not gonna be able or even try at the full commission houses to compete with the ultra low costs from vanguard, fidelity and Schwab. So they're going to try to say they've got it's so much better. Don't worry about stuff like that. No that over time. What matters the most with the money that you're saving for your future. Whether it's in a retirement account or not in retirement account is what the fees are the more. You do to hold down the fees. The more money you end up with down the road for whatever purpose. It is. You're saving the money for. Emanuel's with us on the Clark Howard show. Hi, Emmanuel how you doing. Glad. Emmanuel you've got a question for me about one of the most reliable vehicle sold in the United States. Tell me. I got a. Looking for the dealership sites that delivered on your side? And. I gave my my issue is. When I got there agreement. I agreement will look closely at it. Matched. Sure, I should access to that before asking you. Okay. They have what they call the document administration fee. How much is there dock fee? Okay. One hundred I will tell you a hundred is one of the lowest I ever hear from somebody. Adopt is a junk fee, it's known in the. Auto industry, as a pack. It's a it's a phony charge just use to rip off a consumer. And I will tell you that one hundred dollars is ripping you off at a discount because usually I hear the dock fee at about five hundred dollars. So when I am that war. They said it's could be a stem to at Trajan and transferral title. That's baloney because you pay whatever fees that you over the government. They're gonna charge you on top of that phony pack, but that is not a negotiable fee in the automobile industry. It's one of those things you have to know to ask about ahead of time. If there's gonna be a dock fee or any other fees that you have to pay in addition to the agreed to price of the vehicle. Okay. And the other big thing that they were pushing me goodbye was extended extended warranty, but they didn't call it extended warranty on the document, they call it service contract. Yeah. So service contract is to get around oversight from state insurance rules and state insurance. Commissioners. Okay. So what they're saying. Is you pay a couple of thousand dollars? I'm guessing. Two thousand seven hundred seventy nine dollars, and the idea that is that if major things break with the vehicle, you pay a deductible, and then pass that they will cover the cost the repair, but not the dealer you're buying it. It'll be some third party marketing company, you're hoping will actually pay for repair. Go ahead. Thing that I thought was interesting about this for. Warranty or contract vehicle would be covered for long. I it. Yeah. No chance in real life. All right. Let me tell you something else. I'm neutral on these vehicle extensions because for many people the cost of repairing a major system in an vehicle is a budget BUSTER that you don't have the money for. But if you ever do by one the only one I want you to buy from the manufacturer itself. Okay. Period that. So this vehicle you're looking at is a Honda Civic is that right? It is. So it's a three year old Honda Civic and have any of the manufacturers original warranty left on at this point. I believe it is because the twenty thousand mile, right? So you likely have some amount of manufacturer's warranty left, and then buying one from Honda if you wanted to buy an extension of that would be the right way to go. But the big thing is if you look at consumer reports record of reliability. That honda. You're looking at buying the civic has a very good predicted reliability and historically has had very good reliability. Which would tend to mean, it'd be better for you not to spend twenty seven hundred and seventy five dollars anyway because the vehicles one of those that tends to have very good reliability moving forward. Okay. I have one one good for you. Ready? Wouldn't that the credit union finance did for me? He also offered me an extension extended warranty. The price was. Komo. I mean almost half of what the other ones were the dealership with asking. So the reason is is that a credit union is a co op, and you're one of the owners of it and at a credit union. They're not trying to make a profit on you because you're an owner. So that's why it would be potentially half the money of what the dealer was trying to sell you. But again, the when the credit union would be marketing you or making available to you would still not be from Honda itself. And so the question I would ask the credit union. What happens if the warranty company fails? Am I just out of work or do you refund me some amount of my money? And that would be the question to ask them because I so prefer that you only buy from the manufacturer. Christine is with us on the Clark Howard show Christine. Hi, understanding guy tax question for me. Let's see if I'm any good at that. Well, let's about tax and making sure you can pay it we pay our taxes quarterly and where my husband works. He used to keep they would put a portion of every week check into a separate savings account for us. And then we would draw on that each quarter to make the tax payments. But they've decided they want to eliminate that bookkeeping at the office. So now don't blame them that was very generous of the employer actually was not quite an employer because. Your husband if you're having to pay quarterly. He's some form of independent contractor. I guess so that that is unusual in generous that they were doing it. So they've decided it was nothing but a headache. Exactly. And so now, it's my headache. And what I don't like is having his full paycheck going into our I deposited into our checking account. So I always look it looks as if we have more money than we do because step money really is neat should be segregated out into a separate account. And I'm trying to decide what do I put it in a savings account?.

vanguard Honda Schwab Charles Schwab Civic Fidelity Investments Clark Howard ETF headache Emmanuel ATF United States Oranje Trajan Christine Emanuel Two thousand seven hundred sev five hundred dollars
"fidelity investments" Discussed on WTMJ 620

WTMJ 620

12:57 min | 2 years ago

"fidelity investments" Discussed on WTMJ 620

"It a black Friday special because they did it black Friday week vanguard has cut the fees. On a lot of its funds. And it gets a little arcane how it happened. But. Vanguard has always been the low cost place to go. Invest. Has to be freaked out that Fidelity Investments. Did something earlier this year where I did too. Now. Four funds have no cost at all to invest with them. No commission, no management fees. Nothing. And fidelity has already attracted seven billion bucks. Approximately seven billion with a B. Into these fines. Fidelity's zero funds that fidelity just absorbs the cost of you investing in those funds. And so vanguard like, wait a minute. We already kick fidelity end of the second tier? What are they doing bringing in all this money? Well, that's where I'm imagining things they claim officially who's had nothing to do with fidelity. But what they did is a lot of. The fidelity the vanguard funds have two layers of expenses. One is if you're a fat cat with more than fifty thousand in the find. And the other is for everybody else. It has less than fifty thousand and a find what they did is on a few dozen funds. Three dozen finds is they cut the thing to get a low costs down to three thousand bucks. Some that were ten somewhere fifty. But now, they're all three. So you. Get a much lower costs for investing. It's basically on a lot of these almost nothing. It's not nothing like fidelity did on those four funds. But it's almost nothing. Now vanguard can't do nothing because vanguard's a co-op it's owned by its count holders. So each find has to pay its own way. And they believe they can pay their own way with these much lower expenses. I'm guessing. So the discount and fun fees is typically cutting in half, some of them more some a little less, but it's a big deal. The thing is if you're a vanguard investor and you're in fines that are now eligible for this lower cost. You'll automatically be put into them by mid next year. But if you want to go ahead and move to the lower expenses. Now, you got to contact them. And have the move you to the lower expenses. In the low cost fund area which were arguing about pennies here because. Fidelity with its new focus on low cost vanguard with is always low cost Schwab with all its low cost stuff. I mean, this is all great. Infidelity is doing the big push with robo investing and with fidelity robo investing that you've gotta have more money. You gotta have five thousand bucks for what's called fidelity go. But what you pay is you pay. Point three five percent per year for expertise, and how you invest your money. And that's extremely cheap versus the typical financial person where you're gonna pay one percent. You're basically paying a third of that. We've fidelity go with Vanguards equivalent, you're paying point three. So they shaved a little bit lower than fidelity. But again, these choices are so much cheaper than going to a traditional full commission. Brokerage house or many other independent advisors. Zeke is with us on the Clark Howard show. Hi, Zeke high Clark. How are you? Great and Zeke you are doing well as well. Aren't you? I am doing wonderful. I just want to take this opportunity to thank you personally for just changing our lives. This has just been an awesome. Awesome. Honor to talk to you. And to share a story with you. Please tell me what happened. So I guess about nine years ago, we started, and this is common that you just start calling into credit card debt, and and it just kept like like, just growing and growing and growing and growing. So I tried all of the debt snowballs and everything like that. And about oh, I'd say about four years ago. We kinda hit a wall where we're at thirty thousand dollars in credit card debt. And I was like, no we can't do this. We have three children. And I'm like, no, I want them to have, you know, financial freedom. That's something that you talk about all the time. And I want to have that for them. And I wanted to teach them how to work with their money properly. So three years ago, we took out personal loans based on your recommendation blossom, heavy podcasts, listening and going through your website. And we went through one of the places you commend to. I'm curious lending club dot com. Okay. So for you as a borrower winning club has worked out for you. Has. And the funny thing is like we've all this. You know, when you look at the bottom of your credit card statements like in three years, if you paint this is such an amount that you will be done in three years. So I started doing that. But my God, it just I think one of the things that I'm learning. It's like you've got to figure out what works best for you. Which is why did you like heavy listening to your podcasts? My kids are like oh my goodness. Gracious. A lot right and your children having to put up with me. You are part of the family Clark. Let me tell you. So long story short. We have been chipping away. I mean, we we were able to wipe out the credit card, but we had this. We had this monthly payment back to lending club. Well, two years ago. I realized that we had a crude yet another ten thousand dollars on the credit cards after we had wipe them off. Oh my God. Here we go again. And then there was another thing that came now we're talking about a total of fifty thousand but we have been chipping away at this other one and a year ago. I was like, that's it. I'm done, and we work diligently at the two credit cards that had one what's that about six thousand one about four thousand we had something else on the side from taxes, and then we had the thirty thousand and I wanna tell you that on black Friday a couple days ago. I made my final payment and everything. Where where we see you? You went from for eight years approximately you were just spinning your wheels. No matter what you try. It was a horror or in in all in one year, you resolve that you hit the wall. And you said, no more so educate, your fellow listener. What was that change that you made when you hit the wall? That allowed you to make such enormous progress. So what we did is we learn to live being meet, our means, and we put ourselves on a weekly budget. You know, one of the things that were coming out all those tax like the automatic payments on your credit card. Sure, we were on one of the credit cards to automatic. But I never accounted that into my my monthly spending. So we went that was more. More the macro level. So we went to the micro level. How much are we allowed to spend at groceries a week? What is that gasoline a week? How much are we really like we started looking at our credit card statement, like quit. Really despite finite and realizes if we only spend this much, and by the way, all the is like our new best friend because. Five with two dogs recommended by of course. And so we just learn to live on less. And when you start changing your mindset that I don't really need it. And you know, where your money's going every single month? It took about three months to really have it seep in. And we went to we went on a two week vacation out this summer. Wait with all this. We still went on two week vacation. We did your whole idea of renting a car from Los Angeles. Instead of like doing like one way we get a whole circle. So we go from LA all the way to the Grand Canyon down to Tucson over to San Diego and back to LA right instead of taking flights. They're trying to do like a return a car or something like that. We we shop, and we ate dinner in the hotel's rather than eating out. I mean, we changed our lifestyle and we live in a budget. And I'm telling you just looking at it. Weekly the two of us. You know, my husband, and I we really look through everything and the kids are on board the kids now have an allowance where based on your living likes for the living with the living large for the long haul that book. And. The children now have an allowance based on their grade go I have a fourth fifth and sixth graders. So they get four dollars a week by week six dollars a week. So we really just incorporated, lots of different strategies. But again, it's it's coming back and communicating as a family. You know, our goals and expectations. You've accomplished so much, and I can tell you you feel this relief. It's like this burden. It's been around a decade almost year is lifted. So now that you've learned to live on less than what you make. What is the next step in your journey? What are you up to now? Well, right now, I am a doctoral student, and so we're paying for my doctorate degree in cash, which feels amazing. So we're not accruing student loan debt. And we are really we do have a car. So actually, we now we're taking it. We have a car payment. Right. Well, that was going to be another two and a half years. We're going to be done with that payment and hormones. We're just not let me tell you Clark. We are just knocking it out. So wow. And it feels amazing to do this other kind of the two big things that we are doing right now. Well, I am so impressed and so excited and grateful to you that you shared your story. You don't know how many other people are listening to you who are faced with a lot of credit card debt, a lot of debt that feels like it's never gonna end. You felt that for so long, and you radically looked at the spending side of your life. And that is the core and the key. You know, I always talk about you have to learn to live on less than what you make which is easy to say. It's hard to do, but you are your doctoral student. You are now a fully fledged professor of how to live on a budget. Working for that honorary member of Kim Clarke, that's what I'm working. You are now an official member of team kart and congratulations. I'm so glad for you continued success when you finish your doctoral program. The next thing I want you to start looking at saving for the long term saving for retirement. That would be the next step in your odyssey of living a debt free life wife free of financial anxiety. You're listening to the Clark Howard show..

Vanguard Clark Howard Fidelity Investments Zeke Los Angeles Schwab Kim Clarke professor official Grand Canyon Tucson San Diego three years two week thirty thousand dollars ten thousand dollars three five percent four dollars
"fidelity investments" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

12:30 min | 2 years ago

"fidelity investments" Discussed on NewsRadio 1080 KRLD

"Let's call it a black Friday special because they did it black Friday week vanguard has cut the fees. On a lot of its funds. And it gets a little arcane how it happened. But. Vanguard has always been the low cost place to go. Invest. Has to be freaked out that Fidelity Investments. Did something earlier this year where they I did too now four funds have no cost at all to invest with them. No commission, no management fees. Nothing. And fidelity has already attracted seven billion bucks. Approximately seven billion with a B. Into these fines. Fidelity's zero funds. Just absorbs the cost of you investing in those funds. And so van guards. Like, wait a minute. We already kick fidelity end of the second tier? What are they doing bringing in all this money? Well, that's where I'm imagining. They're saying since they claim officially who's had nothing to do with fidelity. But what they did is a lot of. The fidelity the vanguard funds have two layers of expense. It's one is if you're a fat cat with more than fifty thousand in the find. And the other is for everybody else has less than fifty thousand fund. What they did is on a few dozen funds. Three dozen finds is they cut the the thing together. Whoa. Costs down to three thousand bucks. Some of them were ten summer at fifty. But now, they're all three. So you. Get a much lower costs for investing. It's basically on a lot of these almost nothing is not nothing like fidelity did on those four funds. But it's almost nothing. Now vanguard can't do nothing because vanguard's a co-op its own bias count holders. So each find has to pay its own way. And they believe that they can pay their own way with these much lower expenses. I'm guessing. So the discount and find fees is typically, cutting them in half, some of them more some a little less, but it's a big deal. The thing is if you're a vanguard investor and you're in fines that are now eligible for this lower cost your automatically be put into them by mid next year. But if you want to go ahead and move to the lower expenses. Now, you got to contact them. And have the move you to the lower expenses. In the low cost find area which were arguing about pennies here because fidelity with its new focus on low cost vanguard with his always low cost Schwab with all its low cost stuff. I mean, it's all great. Infidelity is doing the big push with robo investing and with fidelity robo investing that you've got to have more money. You gotta have five thousand bucks for what's called fidelity go. But what you pay is you pay. Point three five percent per year for expertise, and how you invest your money, and that's extremely cheap versus the typical financial person where you're gonna pay one percent. You're basically paying a third of that with fidelity go with Vanguards equivalent, you're paying point three. So they shaved a little bit lower than fidelity. But again, these choices are so much cheaper than going to a traditional full commission. Brokerage house or many other independent advisors. Zeke is with us on the Clark Howard show. Hi, Zeke high Clark. How are you? Great and Zeke you are doing well as well. Aren't you? I am doing wonderful. And I just want to take this opportunity to thank you personally for just kind of changing our lives. This is just been just an awesome. Awesome. Honor to talk to you. And to share story with you. Please tell me what happened. So I guess about nine years ago, we started, and this is common that you just start falling into credit card debt, and and it just kept like like, just growing and growing and growing and growing. So I tried all of the debt snowballs and everything like that. And about oh, I'd say about four years ago. Are we kinda hit a wall where we're at thirty thousand dollars in credit card debt, and I was just like, no, we can't do this. We have three children. And unlike no, I want them to have, you know, financial freedom. That's something that you talk about all the time. And I wanna have that for them. And I wanted to teach them how to work with their money properly. So three years ago, we took out a personal loan based on your recommendation from heavy podcast listening, and you know, going through your website, and we went through one of the places you recommend go to I'm curious lending club dot com. Okay. So for you as a borrower winning club has worked out for you has. And the funny thing is like we try to all this. You know, when you look at the bottom of your credit card statements. They're like in three years if you pay such amount that you will be done in three years. So I started doing that. But my God, it just I think one of the things that I'm learning. It's like you've got to figure out what works best for you. Which is why did you like heavy listening to your podcasts? Mike kids. I like oh my goodness gracious. Like every time I turn. Right. Having to put up with me. You are part of the family Clark. Let me tell you. So long story short. We have been chipping away. I mean, we we were able to wipe out the credit card debt, but we had this. We had this monthly payment back to lending club. Well, two years ago. I realized that we had a crude yet another ten thousand dollars on the credit cards after we had wipe them off. And I'm like, oh my God. Here we go again. And then there was another thing that came. So now, we're talking about a total of fifty thousand but we have been chipping away at this other one and a year ago. I was like, that's it. I'm done and we worked diligently at the two credit cards that had one what's that about six thousand one? That's about four thousand we had something else on the side from taxes, and then we had that thirty thousand and I wanna to tell you that on black Friday a couple of days ago. I made my final. Payment and everything. So you you went from for eight years approximately you were just spinning your wheels. No matter what you try. Horror horror, and in all in one year, you resolve that you hit the wall, and you said, no more so educate, your fellow listener. What was that change that you made when you hit the wall that allowed you to make such enormous progress? So what we did is we learn to live beneath our means, and we put ourselves on a weekly budget. You know, one of the things that were coming out all those extra like, the automatic payments on your credit card. Sure, we were fine on one of the credit cards automatic. But I never accounted that into my my monthly spending. So we went that was more of the macro level. So we went to the micro level. How much are we allowed to spend at groceries a week? What is that gasoline a week? How much are we really like we started looking at our credit card statement like just really despite finite, and is if we only spend this much, and by the way, all the is like our new best friend because. Five with two dogs recommended by you, of course. And so we just learned to live on less. And when you start changing your mindset, I don't really need it. And you know, where your money's going every single month? It took about three months to really have it seep in. And we went to we went on a two week vacation out this summer with all this. We still went on two weeks vacation. We did your whole idea of renting a car from Los Angeles. Instead of doing like one way we did a whole circle from LA all the way to the Grand Canyon down to Tucson over to San Diego and back to LA right instead of taking like they're trying to do like a return a car or something like that. We we shop, and we ate dinner in the hotel's rather than eating out. I mean, we really just changed our lifestyle, and we live in a budget. And I'm telling you just looking at it week. The two of us. You know, my husband, and I we just sat and we really look through everything and the kids are on board the kids now have an allowance where based on your living large for the living living large for the long haul that book. Yup. And that the children now have an allowance based on their grade. So I have a fourth fifth and sixth graders. So they get four dollars a week five dollars week six dollars a week. So we really just incorporated, lots of different strategies. But again, it's it's coming back and communicating as a family. You know, our goals and expectations Z you've accomplished so much, and I can tell you you feel this relief. It's like this burden. That's been around a decade almost year is lifted. So now that you've learned to live on less than what you make. What is the next step in your journey? What are you up to now? Well, right now, I am a doctoral student, and so we're paying for my doctorate degree in cash, which feels amazing. So we're not accruing student loan debt. And we are really we do have a car. So actually, we now we're taking we have a car payment. Right. Well, that was going to be another two and a half years. We're going to be done with that payment and hormones. We're just not let me tell you Clark. We are just knocking it out. So wow. And it feels amazing. So those are kind of the two big things that we are doing right now. Well, I am so impressed and so excited and grateful to you that you shared your story. You don't know how many other people are listening to you who are faced with a lot of credit card debt allot of debt that feels like it's never gonna end, and you felt that for so long, and you radically looked at the spending side of your life. And that is the core and the key. You know, I always talk about you have to learn to live on less than what you make which is easy to say it's hard to do, but you are your doctoral student. You are now a fully fledged professor of how to live on a budget. Working for that honorary member of Kim Clarke, that's what I'm working. You are now an official member of team Clark and congratulations..

Vanguard Clark Howard Fidelity Investments Zeke Los Angeles Schwab Mike kids Kim Clarke professor official Grand Canyon Tucson San Diego three years thirty thousand dollars ten thousand dollars three five percent five dollars
"fidelity investments" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

12:30 min | 2 years ago

"fidelity investments" Discussed on NewsRadio 1080 KRLD

"Let's call it a black Friday special because they did it black Friday week vanguard has cut the fees. On a lot of its funds. And it gets a little arcane how it happened. But. Vanguard with always been the low cost place to go. Invest. Has to be freaked out that Fidelity Investments. Did something earlier this year where they I did too now four funds have no cost at all to invest with them. No commission, no management fees. Nothing. And fidelity has already attracted seven billion bucks. Approximately seven billion with a B. Into these fines. Fidelity zero funds that fidelity just absorbs the cost of you investing in those funds. And so van guards. Like, wait a minute. We already kick fidelity end of the second tier? What are they doing bringing in all this money? Well, that's where I'm imagining. They're saying since they claim officially who's had nothing to do with fidelity. But what they did is a lot of. The Fidel the vanguard funds have two layers of expenses. One is if you're a fat cat with more than fifty thousand in the find. And the other is for everybody else. It has less than fifty thousand find what they did is on a few dozen. Fines three dozen finds is they cut the the thing to get a low costs down to three thousand bucks, some of them were ten somewhere fifty. But now, they're all three. So you. Get a much lower costs for investing. It's basically on a lot of these almost nothing. It's not nothing like fidelity did on those four funds. But it's almost nothing. Now vanguard can't do nothing because vanguard's a co-op it's owned by count holders. So each find has to pay its own way. And they believe that they can pay their own way with these much lower expenses. I'm guessing. So the discount in fun fees is typically cutting them in half, some of them more some a little less, but it's a big deal. The thing is if you're a vanguard investor and you're in fines that are now eligible for this lower cost your automatically be put into them by mid next year. But if you want to go ahead and moved to the lower expenses. Now, you got to contact them. And have the move you to the lower expenses. In the low cost fund area which were arguing about pennies here because. Fidelity with its new focus on low cost vanguard with is always low cost Schwab with all its low cost stuff. I mean, it's all great. Infidelity is doing the big push with robo investing and with fidelity robo investing that you gotta have more money. You gotta have five thousand bucks for what's called fidelity go. But what you pay is you pay. Point three five percent per year for expertise, and how you invest your money, and that's extremely cheap versus the typical financial person where you're gonna pay one percent. You're basically paying a third of that with fidelity go with vanguard went you're paying point three. So they shaved a little bit lower than fidelity. But again, these choices are so much cheaper than going to a traditional full commission. Brokerage house or many other independent advisors. Zeke is with us on the Clark Howard show. Hi, Zeke high Clark. How are you? Great and Zeke you are doing well as well. Aren't you? I am doing wonderful. I just want to take this opportunity to thank you personally for just kind of changing our lives. This is just been just an awesome. Awesome. Honor to talk to you. And to share our story with you. Please tell me what happened. So I guess about nine years ago, we started and this common that you just start falling into credit card debt, and and it just kept like like, just growing and growing and growing and growing. So I tried all of the debt snowballs and everything like that. And about oh, I'd say about four years ago. We kind of hit a wall where we're at thirty thousand dollars in credit card debt, and I was just like, no, we can't do this. We have three children. And I'm like, no, I want them to have, you know, financial freedom. That's something that you talk about all the time. And I want to have that for them. And I want to teach them how to work with their money properly. So three years ago, we took out personal loan based on your recommendation blossom, heavy podcast listening, and you know, going through your website, and we went through one of the places you recommend go to I'm curious lending club dot com. Okay. So for you as a borrower winning club has worked out for you. Has. And the funny thing is we've tried all that, you know, when you look at the bottom of your credit card statements in three years, if you pay such amount that you will be done in three years. So I started doing that. But my God, it just I think one of the things that I'm learning. It's like you've got to figure out what works best for you. Which is why did you like heavy listening to your podcasts? Mike kids. I like, oh my goodness. Gracious. Time. I. A lot right? And you're wrong. Having to put up with me. You are part of the family Clark. Let me tell you. So long story short. We have been chipping away. I mean, we we were able to wipe out the credit card debt, but we had this. We had this, you know, monthly payment back to lending club. Well, two years ago. I realized that we had a crude yet another ten thousand dollars on the credit cards after we had wipe them off. And I'm like, oh my God. Here we go again. And then there was another thing that came. So now, we're talking about a total of fifty thousand but we have been chipping away at this other one and a year ago. I was like, that's it. I'm done and we worked diligently at the two credit cards that had one what's that about six thousand one at about four thousand we had something else on the side from taxes, and then we had the thirty thousand and I wanna tell you that on black Friday a couple of days ago. I made my final payment and everything up where wait. So you you went from for eight years approximately you were just spinning your wheels. No matter what you try. Horror horror, and in all in one year, you resolve that you hit the wall, and you said, no more so educate, your fellow listener. What was that change that you made when you hit the wall that allowed you to make such enormous progress? So what we did is we learn to live beneath our means, and we put ourselves on a weekly budget. You know, one of the things that were coming out like we're all those extra like, the automatic payments on your credit card. Sure, we were on one of the credit cards the automatic. But I never accounted that into my my monthly spending. So we went that was more of the macro level. So we went to the micro level. How much are we allowed to spend at groceries a week at what is that gasoline a week? How much are we really like we started? Looking at our credit card statements like this really despite finite, and what we realize is if we only spend this much, and by the way, all the is like our new best friend because. Five with two dogs recommended by you, of course. And so we just learned to live on less. And when you start changing your mindset that I don't really need this. And you know, where your money's going every single month? It took about three months to really have it seep in. And we went to we went on a two week vacation out this summer right with all this. We still went on two week vacation. We did your whole idea of renting a car from Los Angeles. Instead of like doing like one way we did a whole circle. So we go from LA all the way to the Grand Canyon down to Tucson over to San Diego and back to LA right instead of taking flights. They're trying to do like a return a car or something like that. We we shop, and we ate dinner in the hotel's rather than eating out. I mean, we just changed our lifestyle, and we live in a budget. And I'm telling you just looking at it weekly. Only the two of us. You know, my husband, and I we really look through everything and the kids are on board the kids now have an allowance where based on your living large for the living. The look living large for the long haul that book. Yup. And the children now have an allowance based on their grade. So I have a fourth fifth and sixth graders. So they get four dollars a week by week six dollars a week. So we really just incorporated, lots of different strategies. But again, it's it's coming back and communicating as a family, you know, our goals and expectations. See you've accomplished so much, and I can tell you you feel this relief. It's like this burden. That's been around a decade almost year is lifted. So now that you've learned to live on less than what you make. What is the next step in your journey? What are you up to now? Well, right now, I am a doctoral student, and so we're paying for my doctorate degree in cash, which feels amazing. So we're not accruing student loan debt. And we are really we do have a car. So actually now we're taking we have a car payment. Right. Well, that was going to be another two and a half years. We're going to be done with that payment and hormones. We're just not let me tell you Clark. We are just knocking it out. So wow. And it feels amazing to do this. So those are the two big things that we are doing right now. Well, I am so impressed and so excited and grateful to you that you shared your story. You don't know how many other people are listening to you who are faced with a lot of credit card debt, a lot of debt that feels like it's never gonna end, and you felt that for so long, and you radically looked at the spending side of your life. And that is the core and the key. You know, I always talk about you have to learn to live on less than what you make which is easy to say it's hard to do, but you are your doctoral student. You are now a fully fledged professor of how to live on a budget. Honorary member of Kim Clarke, that's what I'm working. You are now in official member of team Clark. And congratulations t-..

Vanguard Clark Howard Fidelity Investments Zeke Los Angeles Schwab Fidel Mike kids Kim Clarke professor official Grand Canyon Tucson San Diego three years two week thirty thousand dollars ten thousand dollars
"fidelity investments" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

12:30 min | 2 years ago

"fidelity investments" Discussed on NewsRadio 1080 KRLD

"Let's call it a black Friday special because they did it black Friday week vanguard has cut the fees. On a lot of its funds. And it gets a little arcane how it happened. But. Van guard is always been the low cost place to go. Invest. Has to be freaked out that Fidelity Investments. Did something earlier this year where they I did too now four funds have no cost at all to invest with them. No commission, no management fees. Nothing. And fidelity has already attracted seven billion bucks. Approximately seven billion with a B. Into these funds are the fidelity zero funds that fidelity just absorbs the cost of you investing in those funds. And so van guards. Like, wait a minute. We already kick fidelity end of the second tier? What are they doing bringing in all this money? Well, that's where I'm imagining. They're saying since they claim officially who's had nothing to do with fidelity. But what they did is a lot of. The fidelity the vanguard funds have two layers of expenses. One is if you're a fat cat with more than fifty thousand in the find. And the other is for everybody else has less than fifty thousand and fund what they did is on a few dozen. Fines three dozen finds is they cut the the thing together. Whoa. Costs down to three thousand bucks. Some of them were ten summer at fifty. But now, they're all three. So you. Get a much lower costs for investing. This basically on a lot of these almost nothing. It's not nothing like fidelity did on those four funds. But it's almost nothing. Now vanguard can't do nothing because van guards a co-op it's owned by account holders. So each find has to pay its own way. And they believe that they can pay their own way with these much lower expenses. I'm guessing. So they discount in fees is typically cutting them in half, some of them more some a little less, but it's a big deal. The thing is if you're a vanguard investor and you're in fines that are now eligible for this lower cost. You'll automatically be put into them by mid next year. But if you want to go ahead and move to the lower expenses. Now, you got to contact them. And have the move you to the lower expenses. In the low cost fund area which were arguing about pennies here because. Fidelity with its new focus on low cost vanguard with his always low cost Schwab with all its low cost stuff. I mean, this is all great. Infidelity is doing the big push with robo investing and with fidelity robo investing that you got to have more money. You gotta have five thousand bucks for what's called fidelity go. But what you pay is you pay. Point three five percent per year for expertise, and how you invest your money, and that's extremely cheap versus the typical financial person where you're gonna pay one percent. You're basically paying a third of that. With fidelity, go with vanguard sequestered. You're paying point three. So they shaved a little bit lower than fidelity. But again, these choices are so much cheaper than going to a traditional full commission. Brokerage house or many other independent advisors. Zeke is with us on the Clark Howard show. Hi, Zeke high Clark. How are you? Great and Zeke you are doing well as well. Aren't you? I am doing wonderful. I just wanna take opportunity to thank you personally for just kind of changing our lives. This has just been just an awesome awesome honored to talk to you. And to share a story with you. Please tell me what happened. So I guess about nine years ago, we started, and this is common that you just start falling into credit card debt, and and it just kept like like, just growing and growing and growing and growing. So I tried all of the debt snowballs and everything like that. And about oh, I'd say about four years ago. We kind of hit a wall where we're at thirty thousand dollars in credit card debt. And I was like, no we can't do this. We have three children. And I'm like, no, I want them to have, you know, financial freedom. That's something that you talk about all the time. And I want to have that for them. And I wanna teach them how to work with their money properly. So three years ago, we took out personal loan based on your recommendations, lots of heavy podcast listening, and you know, going through your website, and we went through one of the places you recommend go to I'm curious lending club dot com. Okay. So for you as a borrower winning club has worked out for you. Has. And the funny thing is like we've tried all this, you know, when you look at the bottom of your credit card statements are like in three years if you pay such amount that you will be done in three years. So I started doing that. But my God, it just I think one of the things that I'm learning. It's like you've got to figure out what works best for you. Which is why I had to do like heavy listening to your podcasts, mice my kids. I like oh my goodness gracious. Like every time I turn. Right. And you're wrong. Having to put up with me. You are part of the family Clark. Let me tell you. So long story short. We have been chipping away. I mean, we we were able to wipe out the credit card debt, but we have this. We had this, you know, monthly payment to lending club. Well, two years ago. I realized that we had a crude yet another ten thousand dollars on the credit cards after we had wipe them off. And I'm like, oh my God. Here we go again. And then there was another thing that came. So now, we're talking about a total of fifty thousand but we have been chipping away at this other one and a year ago. I was like, that's it. I'm done and we worked diligently at the two credit cards that had one what's that about six thousand woman's? That's about four thousand we had something else on the side from taxes, and then we had that thirty thousand and I wanna tell you that on black Friday a couple days ago. I made my final payment and everything. Wait. So you you went from for eight years approximately you were just spinning your wheels. No matter what you try. Horror or and in all in one year, you resolve that you hit the wall, and you said, no more so educate, your fellow listener. What was that change that you made when you hit the wall that allowed you to make such enormous progress? So what we did is we learn to live beneath our means, and we put ourselves on a weekly budget. You know, one of the things that were coming out all those extra like, the automatic payments on your credit card. Sure, we were on one of the credit cards the automatic. But I never accounted that into my my monthly spending. So we went that was more of the macro level. So we went to the micro level. How much are we allowed to spend at groceries a week at what does that gasoline a week? How much are we really like we started? Looking at our credit card statement like really despite finite Lii and realizes if we'd only spend this much, and by the way, all the is like our new best friends because. Five with two dogs recommended by you, of course. And so we just learned to live on less. And when you start changing your mindset that I don't really need it. And you know, where your money's going every single month? It took about three months to really have it seep in. And we went to we went on a two week vacation out this summer right with all this. We still went on two week vacation. We did your whole idea of renting a car from Los Angeles. Instead of like doing like one way we did a whole circle from LA all the way to the Grand Canyon down to Tucson over to San Diego and back to LA right instead of taking like they're trying to do like a return a car or something like that. We we shopped and we ate dinner in the hotel's rather than eating out. I mean, we really just changed our lifestyle, and we live in a budget. And I'm telling you just looking at it. Weekly the two of you know, my husband, and I sat and we really look through everything and the kids are on board the kids now have an allowance where based on your living large for the living living large for the long haul that book. Yep. And. At the children now have an allowance based on their grade. I have a fourth fifth and sixth graders. So they get four dollars a week by week six dollars a week. So we really just incorporated, lots of different strategies. But again, it's it's coming back and communicating as a family. You know, our goals and expectations. See you've accomplished so much, and I can tell you you feel this relief. It's like this burden. That's been around decade almost year is lifted. So now that you've learned to live on less than what you make. What is the next step in your journey? What are you up to now? Well, right now, I am doctoral student, and so we're paying for my doctorate degree in cash, which feels amazing. So we're not accruing student loan debt. And we are really we do have a car. So actually now we're taking we have a car payment. Right. Well, that was going to be another two and a half years. We're going to be done with that payment and months. We're just not let me tell you a Clark, we are just knocking it out. So wow. And it feels amazing to so those are the two big things that we are doing right now. Well, I am so impressed and so excited and grateful to you that you shared your story. You don't know how many other people are listening to you who are faced with a lot of credit card debt, a lot of debt that feels like it's never gonna end, and you felt that for so long, and you radically looked at the spending side of your life. And that is the core and the key. You know, I always talk about you have to learn to live on less than what you make which is easy to say it's hard to do, but you are your doctoral student. You are now a fully fledged professor of how to live on a budget. Working for that honorary member of Kim Clarke, that's what I'm working. You are now in a fish member of team Clark, and congratulations t-..

Clark Howard Fidelity Investments vanguard Van guard Zeke Los Angeles Schwab professor Kim Clarke Grand Canyon Tucson San Diego three years two week thirty thousand dollars ten thousand dollars three five percent four dollars
"fidelity investments" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

08:25 min | 2 years ago

"fidelity investments" Discussed on NewsRadio 1080 KRLD

"Don't let yourself stall out get going it, whatever age you get going. But the earlier you start the better it's going to be and remember Fidelity Investments has these. Zero costs funds. Now, they require no minimum investment at all. For you to get started. So you have no excuse saying. Well, I don't have a thousand dollars. You got a dollar. You can get going. Ted joins us on the Clark Howard show hollow. Ted. How're you doing today? Great. Thank you, Ted. You got some question for me about your cash flow. What are you thinking? Well, sixty five I started to drop a social security that you're even though I'm continuing to work, and I've never been a great investor. I've managed to save a little bit enter 4._0._1._K. But I like I have some not prepared for retirement. And I want to do the same with this money, then getting to try to make my retirement a little better while I have this opportunity to collect both sort of social security and a paycheck. So you don't actually need the social security money. You're getting right now. Well, I would have encouraged you to not take social security yet. And you there's not a strategy like there used to be where you could do goofy things to Canada goose your social security benefit, but you might consider instead of looking for how to invest the social security money to pay back to social security, what you've received already and delay taking social security. Here's why do you know Ted that every year, you wait you boost the benefit of your social security? Check by something close to eight percent. Right. So if you're going to keep working, you would best be served considering delaying taking social security till you're seventieth birthday. Which is when you you gotta take it because there's no benefit waiting a day passed seventy and you would get not only a much larger check at age seventy but any cost of living increases from then Ford forward or based on the much larger initial check that you get at age seventy. Oh, I thought about it. But when I ran the numbers is difference between what I would get your mouth that. I will collect between them. And now, it seemed like it was like a ten or twelve year payback. That's right. That's exactly right in the reason, it's worth taking the ten to twelve year payback is that the big issue for so many of us is that we outlive our money, and that if you have made it age sixty five the mathematical probability that you'll live into your nineties has climbed by a tremendous amount. And so you likely to live longer than maybe you've mentally calculated. And so what happens is that? Let's say it takes 'til age eighty two for you to be back to where you would have been taking the money at sixty five the advantages that from eighty to forward you're going to have much more money every month. And that's why because you sound like you're in great health like you intend to keep working for a good while. So when you really need the money coming every month is at the point that you're not working anymore because otherwise what your face with is. You've got to figure out at least for these next five years how you're gonna invest it. And you're not gonna be able to get the level of return on your money investing, it that you get just by delaying receiving your social security. Well, if I start dumping a lot more into my flora one K that will leave. He higher taxes. I'll pay because of the this funny. I'm collecting, right? That is true you'll reduce your taxable income, and that's a great idea. And if you can afford to you dump a lot more in your 4._0._1._K, and in addition to it, if you still have extra money, you'd be wise to set up a Roth IRA is well, even at my even at your age because see the beauty with the Roth is put in after tax dollars. So if you've gotten to the point you put in everything you can dump into the 4._0._1._K, and you still have surplus cash, you do the Roth IRA in you, let that money build up, and then that gives you an enormous lex ability in retirement because you have your tax money and your after tax money, and you're able to do great tax planning year by year in full retirement. So sounds like other than the fact that you wished you'd save more money for. Retirement. You're in a good position right now. Benny's with us on the car coward show. Hello benny. Hello. Great. Thank you. Benny. How can I be of service to you? Wondering what's actually optional? And the state that I am in Alabama that he have the uninsured a murderous coverage. And I was wondering if it's necessary to get or not to get buying love for you to buy uninsured motorist insurance. And the reason I do is, you know, how many people you're on the road with who were riding around without insurance at all or without much coverage. So if something happens, you're protected against both possibilities when you have uninsured. Motorists coverage because often it will not be somebody who hits you doesn't have insurance. It's just they only have what are known as state minimums, and it's not going to be nearly enough. Maybe even to pay for a visit to the emergency room. So that's why I really love it. Do you know in the worst situations? Catch the craziest things to happen. When you don't have UM, you could have a friend riding in the car with you and your in an accident, not your fault other driver's fault, and your friend gets hurt. And you don't have the UM and the person who hits you either doesn't have insurance or has minimal. This is the worst thing your friend in order to get medical bills covered may have to sue you. Oh, it's nasty stuff. I know about a story about that happening where someone who had been a lifelong friend, and it harm their friendship when they had to turn around because of their injuries and sue their friend, the driver who wasn't at fault. And what coverage would you think? I think. Say twenty five fifty and then it goes fifty one hundred and then I guess on for three more, right? I'm I'm crazy with this. I by high levels of you up. Whereas if you buy let's say you said the lowest limit was ten fifty is that right twenty thousand twenty five fifty four. Yeah. Do you know what if you had just moderate injuries, and you had a couple of days in the hospital kind of Bill that could be. Yeah. Pretty big. And that's why the premium differences shouldn't be so ugly. That I think you go with as much coverage of UM is you can afford. And did not know that I really didn't see then there's something else out like for you to do that can lower your premiums. And that is.

Ted Benny Fidelity Investments Clark Howard Canada Ford Alabama twelve year thousand dollars eight percent five years one K
"fidelity investments" Discussed on WSB-AM

WSB-AM

08:26 min | 2 years ago

"fidelity investments" Discussed on WSB-AM

"Don't let yourself stall out get going it, whatever age you get going. But the earlier you start the better it's going to be and remember Fidelity Investments has these zero costs funds. Now, the require no minimum investment at all for you to get started. So you have no excuse saying. Well, I don't have a thousand dollars. You got a dollar. You can get going Ted joins us on the car Howard show hollow. Ted. How're you doing today? Great. Thank you, Ted. You got some question for me about your cash flow. What are you thinking? Well, sixty five I started to drop hustle security that year. Even though I'm continuing to work, and I've never been a great investor. I've managed to save a little bit of 4._0._1._K. But I feel like I will have some not prepared for retirement. And I wanna do the smart thing with this money that I'm giving to try to make my retirement a little better while I have this opportunity to collect sort of social security and a paycheck. So you don't actually need the social security money. You're getting right now. Well, I would have encouraged you to not take social security yet. And you there's not a strategy like there used to be where you could do goofy things to Canada goose your social security benefit, but you might consider instead of looking for how to invest the social security money to pay back to social security, what you've received already and delay taking social security. Here's why do you know Ted that every year, you wait you boost the benefit of your social security? Check by something close to eight percent. Right. So if you're going to keep working, you would best be served considering delaying taking social security till you're seventieth birthday. Which is when you you gotta take it because there's no benefit waiting a day pass seventy and you would get not only a much larger check at age seventy but any cost of living increases from then Ford forward or based on the much larger initial check that you get at age seventy. Oh, I thought about it. But when I ran the numbers is difference between what I would get your mouth that. I will collect between them. And now, it seemed like it was like ten or twelve year payback. That's right. That's exactly right. And the reason it's worth taking the ten to twelve year payback. Is that the big issue for so many of us is that we outlive our money, and that if you have made it age sixty five the mathematical probability that you'll live into your nineties has climbed by a tremendous amount. And so you likely to live longer than maybe you've mentally calculated. And so what happens is that? Let's say it takes 'til age eighty two for you to be back to where you would have been taking the money at sixty five the advantages that from eighty to forward you're going to have much more money every month. And that's why because you sound like you're in great health like you intend to keep working for a good while. So when you really need the money coming every month is at the point that you're not working anymore because otherwise what your face with is. You've got to figure out at least for these next five years how you're gonna invest it. And you're not gonna be able to get the level of return on your money investing, it that you get just by delaying receiving your social security. Well, I don't think a lot more into my 4._0._1._K that will alleviate higher taxes I'll pay because of the this funny. I'm collecting, right? That is true you'll reduce your taxable income, and that's a great idea. And if you can afford to you dump a lot more in your 4._0._1._K, and in addition to it if you still have extra money you'd be wise to set up a Roth IRA is well. Even at my job, even at your age because the beauty with the Roth is he put in after tax dollars. So if you've gotten to the point you put in everything you can dump into the 4._0._1._K, and you still have surplus cash, you do the Roth IRA in you, let that money build up, and then that gives you a normal flexibility in retirement because you have your pre tax money and your after tax money, and you're able to do great tax planning year-by-year in full retirement. So sounds like other than the fact that you wish you'd save more money for retirement, you're in a good position right now. Benny's with us on the Clark Howard show. Hello benny. Great. Thank you. Benny. How can I be of service to you? Wondering what's actually optional? And the state that I am an Alabama that he the uninsured motorists coverage. And I was wondering if it's necessary to get our get I love for you to buy uninsured motorist insurance. And the reason I do is, you know, how many people you're on the road with who were riding around without insurance at all or without much coverage. So if something happens, you're protected against both possibilities. When you have uninsured motorists coverage because often it will not be that somebody who hits you doesn't have insurance. It just they only have what are known as state minimums, and it's not going to be nearly enough. Maybe even to pay for a visit to the emergency room. Oh, so that's why I really love it. Do you know in the worst situations? The craziest things to happen when you don't have UM. You could have a friend riding in the car with you. And you're in an accident, not your fault and other driver's fault. And your friend gets hurt. And you don't have the UM and the person who hits you either doesn't have insurance or has minimal. This is the worst thing your friend in order to get medical bills covered may have to sue you. Oh, it's nasty stuff. I know about a story about that happening where someone who had been a lifelong friend, and it harm their friendship when they had to turn around because of their injuries and sue their friend, the driver who wasn't at fault. And what coverage would you? I think to say twenty five fifty and fifty one hundred and then I guess on for Katri more, right? I'm I'm crazy with this. I by high levels of UM. Whereas if you buy let's say you said the lowest limit was ten fifty is that right twenty five twenty five fifty four. Yeah. Do you know what if you had just moderate injuries, and you had a couple of days in the hospital? Do you know what kind of Bill that could be pretty big? And that's why the premium differences shouldn't be so ugly. That I think you go with as much coverage of UM is you can afford. And did not know that. I really didn't see something else. I'd like for you to do that can lower your premiums. And that is if you have a.

Ted Clark Howard Fidelity Investments Benny Canada Ford Alabama Katri twelve year thousand dollars eight percent five years
Workers can put more in their 401(k) and IRAs next year

San Francisco Chronicle Business & Technology News - Spoken Edition

02:43 min | 2 years ago

Workers can put more in their 401(k) and IRAs next year

"You're listening to the spoken edition of the San Francisco Chronicle. Workers can put more in their 4._0._1._K. And I are as next year by Kathleen Pender, thanks to inflation workers will be able to save an additional five hundred dollars in their tax sheltered, 4._0._1._K and individual retirement accounts. Next year, the Internal Revenue Service announced Thursday employees who participate in four oh, one K for three B and most four fifty seven plans and the federal government's thrift savings plan can contribute. A maximum of nineteen thousand dollars in twenty nineteen up from eighteen thousand five hundred dollars this year before that it was stuck at eighteen thousand for three years, those fifty and older can contribute and additional six thousand dollars the same catch-up contribution as this year. The limit on contributions to a regular or Roth IRA rises to six thousand dollars from fifty five hundred the first increase since twenty thirteen. Those fifty and over can contribute an additional one thousand dollars to an IRA same as this year. Unlike the other limits, the IRA catch-up is set by law and only goes up when congress raises it the other limits are indexed to inflation. But go up only when the accumulated increase hits five hundred dollars. Most workers don't come close to maxing out their retirement plans, only eight or nine percent of those participating in four. Oh, one K plans run by Fidelity Investments contribute. The max. Their average contribution is just over six thousand dollars. If you can max out, you should if you can't max out everyone. Make sure you order them. Correctly said Jeff LeVine financial planner with blueprint wealth alliance. If your employer matches for oh one k contributions contribute enough to get the full match. I after that if you have a health savings account max that out because it has triple tax benefits contributions taxed. Title. They typically grow tax free and remained tax free. When you take them out if used for qualified medical expenses after that contribute to your 4._0._1._K, or I era if you can if your income is too high you can't contribute to a Roth IRA, if your income is too high, and you or your spouse's active in a retirement plan at work, you may not be able to deduct your contribution to a regular IRA. Although you still could make non deductible contribution living said these income limits are also going up next year.

San Francisco Chronicle Kathleen Pender Fidelity Investments Internal Revenue Service Jeff Levine Congress Six Thousand Dollars Five Hundred Dollars One K Eighteen Thousand Five Hundred Nineteen Thousand Dollars One Thousand Dollars Nine Percent Three Years
"fidelity investments" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

03:45 min | 2 years ago

"fidelity investments" Discussed on NewsRadio 1080 KRLD

"Okay. I think it would also be great. If you sat down with somebody. At. As an example, Fidelity Investments. Or Charles Schwab or maybe both of them. Okay. And then the other you won't sit down with somebody. But I would definitely talk to somebody is vanguard. Okay. So I'm giving you a part time job. I want you to talk with three independent financial people. Right. Like you to talk with three of the big financial houses that I really trust right now. Vanguard if you were to use them, we'll charge you roughly a third of a point per year to manage your money for you. And they're pretty much the lowest cost to do that. And typically the fee only financial planners. I'm talking about charge. You one percent to do. So each year. After you decide which one you wanted to go with another words, much, right? Okay. So I want you to talk to three of those type of people vanguard Schwab, fidelity meet with all six. Okay. And vanguard again, the meeting will be by phone the others while being person, and then make your best decision from those six sources who would be where you would feel the most comfortable having somebody manage this nest egg for you. And again, Pat, I'm really sorry about your loss. Jeff joins us on the Clark Howard show. Hello, jeff. Hey Clarksburg to be on your show. We'll great to have you here. Jeff. How can I be of service to you? Yes, sir. I was curious on how I could not have to expect a income tax return every year and figure out a way to take money out of my paycheck and put into a savings account and destroyed check at the end of the year. So you're right now over withholding and you're ending up having to wait for a big tax refund. Each year. Yes, sir. All right. So there is no science to it as more art and the easiest way to do it unless you suddenly have gotten a big pay raise at work is. I did actually. Oh, congratulations. So your payroll office will tell you with your normal exemptions. What you're going to end up with his check each net. Check each pay period. You increase your withholding less money will be held back. Okay. So is it better to do that in the do exempt myself altogether. And then take that a percentage in Denton to let savings account. So how do you work for a big company that has a human resources department or payroll department is tiny employer? Big big player. So visit big employer. You can go to human resources and say, here's what I wanna do. I wanna reduce my withholding each pay period by X number of dollars. Okay. Hundred two hundred whatever and they'll just help you do that. They'll help you change. The we'll tell you fill out a new Wf four. And they'll reduce what you're having withheld. And then you won't get that refund. And that's what I recommend pretty much. Everybody do because you don't want to be in a position if you end up being a victim of tax ID fraud, you end up waiting ten to fourteen months for that refund. You're listening to the Clark Howard show..

Vanguard Charles Schwab Clark Howard Jeff Fidelity Investments fraud Pat Denton fourteen months one percent
"fidelity investments" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

06:50 min | 2 years ago

"fidelity investments" Discussed on WBZ NewsRadio 1030

"Because I know a lot of people are like me. And how do I know that because I talked to them a lot. There are a little intimidated by it. That's why they don't do any. Yeah. You're right. Yeah. They're just they're sort of afraid. They don't think they know the right questions to ask him. That's what they say. You don't have to know the right questions. Sam asks you, the right class power that first meeting is facilitate all the questions, you know, what we'll do or started. But really it's my job to listen. And I listened with an open ear as to what bothers you. What concerns you already afraid of we trying to do what's the lifestyle that you want to live, and we sort of take all that first. And then we sort of dive deep and figure out an Alice hasn't Kim specific recommendations. It's that easy pound to fifty say the keyword. Just don't lose the money. Telling me that you want a complimentary consultation and somebody from my office, a call you back within twenty four hours to set up a convenient time and Sam never laughs at you. Folks. He never laughs believe me, he said to me those he asked me those same questions, and I thought he's just going to say, well, you're an idiot. You're. So your point is really well put which is people are intimidated. And we'll hey, you know, I'd rather be cleaning my kitchen floor then to spend an hour looking at something that might affect me for the next thirty years. I dropped my cell phone six months ago on my cell phones, I cracked and this and that and literally I have scotch tape holding the back. I just don't want to go to the store and spend like two hours. I I I just don't want to deal with. So when it's broken, that's probably one. Shame on me. So I I understand exactly that's the point. People are intimidated. You know, we're talking about the things that are concerning to people as close to retirement. I came across this study by Fidelity Investments, I wanted to just take a second to sort of lay down the groundwork. And really this four things to keep in mind. According to Fidelity Investments, the four things that really affect people's retirement number one long retirement that means you could be in retirement, not traditionally twenty thirty years twenty five years but much long. Susan, your mom was one hundred and three and four months and four. But who's counting my mom died on a month after her ninety fifth birthday. My dad died at ninety seven years old. And if they will all in this room with us, and we asked them, hey, how long do you think you'd live in retirement? They definitely wouldn't have said that. So we can't underestimate that. We're all trying to do the right thing. Like you trying to eat the right thing. Exercise more, you know, take care of ourselves. And with modern medicine, you know, people are just plainly living longer life expectancies longer. So we need to plan for retirement being longer. So that's according to again, Fidelity Investments, the four things to keep in mind. That's number one. Number two is inflation. I still think I can go into Dunkin donuts in by small coffee for less than a dollar. It's it's almost two bucks. How much was your first house that you that you bought forty two thousand forty two thousand dollars. You can't buy shed for forty two thousand dollars today knowing you could've put. S and H green stamps toward. My first house. I bought a nineteen ninety when I got married. It was too. I remember it was like two hundred thirty seven thousand five hundred bucks. I think I have four hundred dollars left in my Bank account after I bought it. But I'll bet you that. Same house today sells for eight hundred grand so things cost more. So inflation will eat away at your retirement savings, and you need to make sure you position what it is that you're trying to do in the right place. The third thing is market volatility. I look at my accounts almost daily some days. There's a red arrow going down some days, there's a green arrow going up. But when you are in retirement, you really can't afford to have any Reggie can't afford to again. Now. Follow our rules rule. Number one. Just don't lose the money and rule. Number two. Don't forget rule number one. I mean, and I'm sitting here nodding and smiling because I just went through that Samaranch. I had some money in the market, and I don't have the stomach. I just couldn't possibly deal with the thought of losing that because you're in a different time of your life. Now. Absolutely. We were able to because what I said to you. So Susan these Santini how Meazza Susan would you like me to do? And what was your response? He said I want to use the money. I want to use it. I I don't have the stomach to watch it go up and down, and I want to be able to enjoy it. Now, he said to me, I remember two things. And it was you pulled me aside after workshop that we did together. And you said Sam here, I need you to help me with this money. It's really, you know, most of my savings, and I want to enjoy it. I'm not really interested in leaving a lot to my to my ears, but two things one I wanna paycheck from it two. I wanna make sure that I don't go to sleep at night. I don't want to worry about the principal going down and disappearing on me. So we're able to put some strategies together. And now you get a paycheck in addition to your to your pension. You get like two pensions is going to say it's like having another pension. Check don't have to worry. It's on autopilot. It's great, you know, and I don't worry salmon. Susan speaking of workshops, let's talk about those because you have some coming up, and then we'll get back to the fourth thing. According to the study. Yeah. So we have some workshops coming up. We're really going to talk about the five things that you need to be clear on and make sure that you're in the right position to retire. That's called the five steps to a successful retirement. Hey, Mike, remind everybody the dates love to Sam. And this is a very special event, by the way, folks, it's happening Saturday October twenty seventh at the Dedham Hilton and Tuesday October thirtieth at the crown plaza in Woburn that is a a new start but Sam the Saturday day special event. Yes by by popular demand. People saying, you know. Oh, I don't want to sit in traffic. So yes, I'm gonna work on a Saturday. That'll be no traffic, and as you say the dream team. We're gonna talk about how to protect and make sure that you enjoy your retirement so Saturday, October twenty seventh at the datum Hilton ten AM and Tuesday October thirtieth at the crown plaza in Woburn, and that's at noontime, folks. If you want to be they're registered now at just don't lose the money dot com, again, that's just don't lose the money dot com with the retirement dream team. Sam Lang John Conley? Ryan Marston, and even Sam attorney Phillip Moreau is going to be there. Yeah. Folks. Gonna join us. We'll talk to us about estate planning importance of having the correct documents how to protect your house and all that good stuff. That's why we say they are the retirement dream team. You know, for a long time, my whole career, I used to tell people might then when you have something that you have to buy something you're going to.

Sam Lang John Conley Fidelity Investments Meazza Susan Woburn Dedham Hilton Alice Reggie Samaranch principal Phillip Moreau Ryan Marston Kim Mike attorney Santini forty two thousand forty two t forty two thousand dollars four hundred dollars twenty thirty years
"fidelity investments" Discussed on WTMJ 620

WTMJ 620

11:27 min | 2 years ago

"fidelity investments" Discussed on WTMJ 620

"I guess in the cloud safely, and I wanted to get your heart of it. And if so what do you think of is this Fidelity's product, Fidelity Investments? Exactly. Nobody's asked me about that. No good while it's called like. Is that fidelity safe? What did they call it? Exactly fit safe. All right. So what they do is they provide fidelity any of the big investment companies have massive data storage centers that they either operator they lease. And so the capacity required to store digital records like account records insurance policies. Special documents. You wanna keep track of like, you got a will anything like that? If you wanna have a digital copy of them the capacity that they make available is teensy tiny. You know, it doesn't take a lot of. Cloud storage at all to do that. So it's really smart. A fidelity is away particularly to get their own customers. Interested in having backup copies of records. It's good for fidelity is good for you. And they make it free as I recall, not just to fidelity customers. But you don't you have to be a customer of fidelity to use it. I have no idea. So I if it still true that anybody can use it safe. It's a great way for you to store all your digital records. A lot of people now use Google photos to do it where you essentially take pictures of your documents and store them in Google photos free storage forever. The only issue with anything like fed safe is with anything else. Like this. You got to hope that the security standards or able to withstand the attacks the hackers which is a risk all of us face anywhere. We store stuff. And then the second is today at some point decide if they want to charge for it. You'd have to make a decision to move things to a different place or pay their fee. Got it. But as far as a way to store all year important personal records. I love that. I love it because I'm getting older. I mean, I'm eighty years old. You sound like you have a very young voice for eighty good for you. It hasn't talking to walking around here in the sunshiny where I moved from New York. So you you had to go from one high tax state to another high tax state. This is I couldn't believe it. I didn't own a house in New York. But only a piece of property in California proposition thirteen because I bought a house that's more expensive than the older house rather than less expensive, quite a shock. Well, but you are enjoying life and the great weather. You bet. All right. Well, continued good health to you. And I would feel absolutely fine and sleep well at night using could save. Well, thank you. And that's important. Thank you have a great day Anna's with us on the car coward show. Halloween, anna. Anna company, your husband works for is not as generous as they used to be are. They know they are what are they doing to your husband? Just a couple of months ago stopped matching his 4._0._1._K contribution. And what was their reason for their sudden loss of generosity? I don't actually no I'm not sure if they gave one or what it was no match anymore. They're offering the thing. But whatever money he puts in. That's all she wrote. Yes. So I wanted to know 'cause we are able to fully fund the spousal rock for me. But we're only able to put about five thousand dollars four one day. And so I was wondering should we continue to put it into his 4._0._1._K even without the match or should we just start him of LA great question. So the advantage of the 4._0._1._K is it just comes out automatically. To think about it. It just happens. And that's a that's a valuable thing not having to have the intention but getting it done, but sounds like you is a couple had been getting it done. Anyway, with your raw you're getting it fully funded. So if you were to choose if you in fact, use a low cost provider for that raw. All things being equal with no match in the 4._0._1._K. I'd love it. If he instead of contributing to the employer 4._0._1._K put that five thousand or maybe bump it up to fifty five hundred into his own Roth. Okay. Would you recommend than rolling whatever in that 4._0._1._K end with that? You can't do that. While he works there. Okay. Okay. So the money that's their stays there. But putting future contributions and do a Roth. I think could be very valuable. Okay. And so it's just better taxwise or. Yeah. So the difference is the employer plan may a moderate cost low cost or high costs plan. Okay. But let's see you got the underlying expenses. If you use one of the El cheapo companies, I have on my investment guide. Then the money is going to be going in low cost and the difference is the 4._0._1._K the money that goes in gets a tax deduction up front, but everything in the account, including earnings will be taxed down the road. Right. Where the Roth is the opposite. The money goes in the Roth has already been taxed, but it grows tax free in the spent tax free. Now, there would be an exception to him doing. The Roth is an alternative what kind of money is your husband making a year in general terms. I'm he makes was six years if he's making six figures, then scratch what I said, and he should stay in the 4._0._1._K. Why is that because the tax benefit of being able to put money in pre-tax is valuable enough at a six figure salary that it would be to his advantage to continue to put in the 4._0._1._K even without a match. Okay. But I will say that if he is in a job in the six figures, it'd be great if he put aside more money each year than the five grand. I know we're pulling for medical full. It's a little low. God it got it. Okay. All right. But in that case with that kind of income he should keep doing what he's been doing. Even though they're not being generous anymore. Most people most people don't make income in that kind of stratosphere. Yes. For them for them doing the Roth would be a better choice. But your husband's case, the 4._0._1._K would probably be the best thing to continue. That sounds good. I appreciate you taking my call great day to David's with us on the Clark Howard show. Hello, david. Hey clark. David here thinking of buying a new home from a company that when you look online people hate their guts. Well, that's that's what it seems like and we're considering buying a home from a large national homebuilder in the online reviews aren't so good. And that concerns me. Yeah. But then again, I looked at some of the online reviews for other large builders, and there's aren't any better. So I'm wondering, perhaps, it's only the people that are dissatisfied or leaving the reviews are. Well, it's a great question. You ask, and it has long been an issue in home building is that it's very rare that somebody says, I love my builder. I love them. I mean, I can't wait to have them build me another home someday. You know, you just don't hear that because it's a tough business. But I'll tell you this. My bias has always been to buy used homes instead of buying a new home really because we're we're considering both. And the reason I'm a big fan of used homes is when you buy that new home, it is an unknown. You don't know if they're going to meet their construction schedule if it's going to have the quality construction that you saw in the model home, if you're gonna get something very different than what you had anticipated. And then there yard what are you gonna do if the workmanship is poor or whatever because I'm sure a lot of. The complaints. You see your about workmanship warranty. Correct. Right. So when you buy a used home, it's already found it's real true market value likely when you buy an new home development from a big national builder where they're building a huge number of homes and development. They're guessing what that home should be priced. You buy in there. And then you need to sell a few years down the road if they guessed wrong, and they priced too high. You bought too high. Then you end up losing money when you go to sell the other thing is a used home. You almost always get more square footage per dollar or the square footage. You get you buy at a cheaper price per dollar. However, which way you want to do the math. Sure, I hadn't even thought about that. So that's really good advice. So if you're going in you go in you've done you've done first thing, I give you credit. Do you know what? Percent of people buying a new home. Do what you did. And go look the reputation of a national builder. I have no idea. Nobody. Nobody people get so entranced by the website and the colorful, brochures and looking at the neighborhood and all that. And you're just like it's full rose colored glasses. So looking at what you looked at and seeing some of the unhappiness people have had or with your builder that you're considering a lot of unhappiness, it makes you step back and look at the whole picture. You know, the neat thing about a used home. David. It's there it's done. You don't have to worry about delays. You haven't inspector you find out how good or bad the construction is. And you get more square footage for your money. Well, that sounds good to me. So just think about that is alternative. We will get very good advice. I appreciate that. Right. I hope you get a great home new or used. Okay. Thanks Clark legs. You're listening to the Clark Howard show. I'm.

Fidelity Clark Howard Roth David Anna company Fidelity Investments Google New York California LA El cheapo five thousand dollars eighty years four one day six years
"fidelity investments" Discussed on NewsRadio 1080 KRLD

NewsRadio 1080 KRLD

05:46 min | 2 years ago

"fidelity investments" Discussed on NewsRadio 1080 KRLD

"Don't have that accountable person making sure that your business is being handled. Right. That's how I'm feeling. Okay. Great. Thank you card by best to you. And I don't I'd love it. If you could give me feedback if you really find good landing place for that. Okay. Okay. I'll be happy to continued success. Young king is with us on the Clark Howard show. Hi, how are you? Hey, I'm doing good. How are you? Great. Thank you. You wanna talk about Fidelity Investments? Yes, I'm twenty to learn more about investing. And the now of the each episode seem like us very popular, and they offer some no fee. Low transaction ups, and they also have some yearo management and the dot com. The thing I wonder what's your take Welby? What was that a good way to try to learn how to deal with other kinda? A lot. Trading. Right. So so with the new offering from fidelity with the zero funds their mutual funds. They're not ETF's. And they're they're right at the heart of where I like all investors to start which is a concept that I was coined by Charles Schwab, the guy who has. Big investment company, but he popularized the idea of something known as core and explore that you start off your investing wide. So what Fidelity's done with their two zero cost index funds, which one of them is total US stock market owns thousands of US publicly traded companies, and then the zero cost international index fund which again. Owns thousands of shares different individual foreign stocks is with those two things you own investing here and in much of the rest of the world at no commission and at no ongoing management costs. And the reason Fidelis doing it is they're trying to attract people like you that are starting out with investing and making it zero cost for you to do. So and you start off completely widely diversified, which you know over time. I'm just totally Andy you being diversified two ways. One is having your money really spread out. A second is that you add to the money over time which allows you to do something known as dollar cost averaging which lowers the risk of investing particularly in the shorter term like when the stock market bust happen last decade. I kept investing every month. In my widely in my wide Bank of funds. I did it every single month even as the market was going down. Because every time I was putting money on. I was buying more holdings because the price was going down the same money was buying me more of it. And as what actually happened the market recovered, and I ended up with a very nice return by just having the guts to stay in and keep putting money yet. So the fidelity to zero funds the international and domestic that gives you that initial exposure. There's no minimums you can just get started with whatever money add to it as you wish. And then if you wanna go wider with investing and do different things and own different kinds of funds to add to that oriented stocks. Go for it. So you would recommend those vehicle. Well, I liked them. I mean, they're not all I like like if you're doing a Roth IRA. I love for it to be even simpler and just do a target retirement fund with a Roth for the year closest to when you hope to retire. Right. Do they have a commitment? If if those two zero fun, you you conduct gave them a favor the opinion if I invested just like you said after the stop it's not a market is not doing well, then people come to cash out the sideline for a while. Oh, sure you can cash out if you want in a in a regular investment account. You might have tax do if you made money while you were in it. But the ideas, you can you can buy and sell funds when you wish, but the idea these to these are the kind of things that you wanna be on through your lifetime all long term long term. And I'm totally into long-term. I know there are people that are in get in now get out now all that. That's not me. I want you to stay in the game. I want you to have a plan. I want you to have it spread out diversified. And you stay in it and March to it by adding money to it. On a set schedule all three year lifetime and build. Well, but remember the highest priority is always saving money and retirement accounts. I is the first goal you do. You're listening to the Clark Howard show..

Fidelity ETF Clark Howard Fidelity Investments Andy Fidelis Charles Schwab three year
"fidelity investments" Discussed on News 96.5 WDBO

News 96.5 WDBO

05:46 min | 2 years ago

"fidelity investments" Discussed on News 96.5 WDBO

"Don't have that accountable person making sure that your business is being handled. Right. That's how I'm feeling. Okay. Great. Thank you card by best to you. And I don't I'd love it. If you could give me feedback if you really find a good landing place for that. Okay. Okay. I'll be happy to continued success. Young king is with us on the Clark Howard show. Hi, how are you? Hey, I'm doing good. How are you? Great. Thank you. You wanna talk about Fidelity Investments? Yes. I'm trying to learn more about investing and the now the ETF seem like us, very popular and ability, they offer some no low transaction ups, and they also have some. Old. Management and the dot com. The thing I wonder what your take Welby at. What was that a good way to try to learn out to back without? Kinda. A lot. Trading. Right. So so with the new offering from fidelity with the zero funds their mutual funds. They're not ETF's. They're they're right at the heart of where I like all investors to start which is a concept that I was coined by Charles Schwab, the guy who has that big investment company, but he popularized the idea something known as core and explore that you start off your investing wide. So like what Fidelity's done with their two zero cost index funds, which one of them is total US stock market owns thousands of US publicly traded companies, and then the zero cost international index fund, which again owns thousands of shares different individual foreign stocks is with those two things you own investing here and in much of the rest of the world. At no commission, and it no ongoing management costs. And the reason Fidelis doing it is they're trying to attract people like you that are starting out with investing and making it zero cost for you to do. So and you start off completely widely diversified which over time. I'm just totally end you being diversified two ways. One is having your money really spread out. A second is that you add to the money over time which allows you do something known as dollar cost averaging which lowers the risk of investing particularly in the shorter term like when the stock market bust happen last decade. I kept investing every month. And my widely in my wide Bank of funds. I did it every single month even as the market was going down. Because every time I was putting money on. I was buying more holdings because the price was going down the same money was buying me more of it. And as what eventually happened the market recovered, and I ended up with a very nice return by just having the guts to stay in and keep putting money in. So the fidelity two zero finds the international and domestic gives you that initial exposure. There's no minimums you just get started with whatever money add to it as you wish. And then if you wanna go wider with investing and do different things, and and own different kinds of funds to add to that oriented stocks go for it. So you would recommend those vehicle. Well, I like them. I mean, they're not all I like like if you're doing a Roth IRA. I love for it to be even simpler just to target retirement fund with a Roth for the year closest to when you hoped to retire. Do they have a commitment? If if those two zero fun, you you conduct gave them a favor. The opinion if I invested just like you said after the stock it's not a market is not doing well, ten people come to cash out the be sidelined for a while. Oh, sure, you can cash out if you want in a in a regular investment account, you might have tax do if you made money while you were in it. But the ideas, you can you can buy and sell funds when you wish, but the idea these to these are the kind of things that you wanna be on through your lifetime all long term long term. And I'm totally into long term. I know there are people that are in now get out now all that. That's not me. I want you to stay in the game. I want you to have a plan. I want you to have it spread out diversified. And that you stay in it and March to it by adding money to it. On a set schedule all three year lifetime and build wealth. But remember the highest priority is always saving money and retirement accounts. I as the first goal you do you're listening to the Clark Howard show..

ETF US Clark Howard Fidelity Investments Fidelis Welby Charles Schwab three year
"fidelity investments" Discussed on Clark Howard Show

Clark Howard Show

05:26 min | 2 years ago

"fidelity investments" Discussed on Clark Howard Show

"Right? That's how I'm feeling. Okay. Great. Thank you. Bye best to you and I don't. I love it. If you could give me feedback if you really find a good landing place for that. Okay. Okay. I'll be happy to continued success. Young. He is with us on the Clark Howard show. Hi. How are you? Hey, I'm doing good. How are you clock. Great, thank you. You wanna talk about Fidelity Investments. Yes, I'm twenty two about investing. And the now of the ETF seemed like a very popular and ability. They offer some no fee, no transaction ETF and they also have some zero management and that kind of thing. I wonder a what you're paying Welby at what was that good way to try to learn how to invest with other kind of cost a lot for the trade in the right so. So with the new offering from fidelity with the zero funds, their mutual funds, they're not ETF's and they're they're right at the heart of where I like all investors to start, which is. A concept that I was coined by Charles Schwab. The guy who has that big investment company, but he popularized the idea of something known as core and explore that you start off your investing. Why? So like what Fidelity's done with their two zero cost index funds, which one of them is total US stock market owns thousands of US publicly traded companies, and then the zero cost international index fund, which again. Oh, owns thousands of shares, you know, different individual foreign stocks is with those two things you own investing here and in much of the rest of the world at no commission and at no ongoing management costs. And the reason Fidelis doing it is they're trying to attract people like you that are starting out with investing making it zero costs for you to do so. And you start off completely widely diversified which you know over time. I'm just totally end d you being diversified two ways. One is having your money really spread out. And the second is that you add to the money over time which allows you do something known as dollar cost averaging, which lowers the risk of investing particularly in the shorter term. Like when the stock market bust happened last decade. I kept investing every month in my widely in my wide Bank of funds. I did it every single month even as the market was going down because every time I was putting money in, I was buying more holdings because the price was going down the same money was buying me more of it and is what actually happened. The market recovered. And I ended up with a very nice return by just having the guts to stay in and keep putting money in. So the fidelity, two zero funds, the international and domestic that gives you that initial exposure. There's no minimums. You just get started with whatever money add to it as you wish. And then if you wanna go wider with investing and do different things and and own different kinds of funds to add to that or individual stocks go. For it. So you would recommend those vehicle? Well, I like them. I mean, they're not all I like like if you're doing a Roth IRA I love for it to be even simpler and just do a target retirement fund with a Roth for the year closest to win you hoped to retire. Right? Do they have a commitment? If if those two zero fun you, you kinda gave them a favor Famer Kanda opinion. And if I invested just like you said for the stock is not a market is crash, not being well. Can people come to cash out the the be sidelined for while? Oh sure. You can cash out if you want in a in a regular investment account, you might have tax too. If you made money while you were in it, but the ideas you can, you can buy and sell funds when you wish, but the idea these to these are the kind of things that you wanna be on through your lifetime. All kinds of long-term long-term. And I'm totally into long-term. I know there are people that are in, did it now get out now, all that. That's not me. I want you to stay in the game. I want you to have a plan once you have it spread out diverse. Defied and that you stay in it and marched to it by adding money to it on a set

US ETF Fidelity Investments Fidelis Clark Howard Charles Schwab Welby
Trump says he will have dinner with Apple CEO Cook on Friday

Bloomberg Businessweek

00:29 sec | 2 years ago

Trump says he will have dinner with Apple CEO Cook on Friday

"President Donald Trump said he planned to. Host apple chief, executive officer Tim cook for dinner last night at his Bedminster. Golf club in New Jersey Trump tweeted that he was looking forward to the meal saying. Cook is investing big dollars in the US White House and apple spokespeople did not immediately respond to requests for, information on what the pair, had planned to discuss at dinner it came just over a week after apple became the first American Corporation to attain a market value of one trillion

Turkey Tesla Bloomberg Elon Musk Charlottesville Susanna Palmer Apple Tim Cook President Donald Trump United States Bloomberg World Jason Kelly Chief Executive Officer Jerry Timor CEO Fidelity Investments Potvin Executive Officer Donald Trump Europe
Trump says he will have dinner with Apple CEO Cook on Friday

Red Sox Baseball

00:29 sec | 2 years ago

Trump says he will have dinner with Apple CEO Cook on Friday

"Maderas can video games. Boost kids empathy researchers at. The university of Wisconsin Madison have developed a video, game for middle schoolers at forces them to decipher emotions in order to advance the results showed that number of kids who played the game showed better empathy and perspective in as little as two weeks I'm Ann Cates And I'm Susanna Palmer from Bloomberg world headquarters as investors worry about Turkey's sliding toward a full

Turkey Tesla Susanna Palmer United States Bloomberg Maderas Apple President Donald Trump Tim Cook Bloomberg World University Of Wisconsin Madiso Chief Executive Officer Elon Musk Fidelity Investments Europe Timor Ann Cates Jason Kelly Donald Trump
Trump says he will have dinner with Apple CEO Cook on Friday

Bloomberg Business of Sports with Scott Soshnick and Michael Barr

00:29 sec | 2 years ago

Trump says he will have dinner with Apple CEO Cook on Friday

"Now is, how, far, the pain might spread a plunge in the lira sent tremors through global markets, yesterday, as, tensions flared, up between the US and Turkey at one. Point, the lira fell as much as seventeen percent against the dollar Jerry in Timor is director of global macro at Fidelity Investments and he sees implications for Europe the question is. Whether this. Becomes contagious now in how to what degree does it. In fact the, the, European, banks especially, the southern European banks which have a

Tesla Turkey Elon Musk Chief Executive Officer Tim Cook Apple President Donald Trump United States Fidelity Investments Europe Susanna Palmer Twitter Director CEO Donald Trump Bedminster Corporation New Jersey One Trillion Dollars
Turkey woes see Wall Street end week on sour note

Bloomberg Best

00:41 sec | 2 years ago

Turkey woes see Wall Street end week on sour note

"A losing Friday and a losing week a week in which the s. and p. five hundred index was in striking distance of a record. But stocks fell is Turkey's. Economic crisis threatened to spread, Brad MacMillan is chief investment officer at Commonwealth financial network the big. Story right now is Turkey and the real concern there. Is are we entering into another emerging markets crisis Yuri Timur is director of global macro at Fidelity Investments he sees implications. For Europe and the question is indeed whether this becomes contagious now. And how To what degree does it infected European banks especially the southern European banks which have a fair amount. Of exposure to.

Bloomberg John Mater Elon Musk Vinny Del Giudice Turkey Charlie Pellett United States Yuri Timur Vinny Del TO San Francisco Twitter Fidelity Investments Europe Commonwealth Financial Network New York CEO Brad Macmillan
Core inflation reading jumps the most since 2008

Bloomberg Best

00:22 sec | 2 years ago

Core inflation reading jumps the most since 2008

"Mike Mike moss and I'm. Charlie Pellett at Bloomberg world headquarters, a losing Friday and losing week a week in which the, s. and p. five. Hundred index was, in striking. Distance of a record but, stocks. Fell is Turkey's economic crisis threatened to spread Brad MacMillan is chief investment officer at Commonwealth financial network the big. Story, right now

Turkey Bloomberg Mike Mike Moss Bank Of America Merrill Lynch Brad Macmillan Charlie Pellett Commonwealth Financial Network Fidelity Investments Vinny Del Giudice Chief Investment Officer Director Europe White House Timor Joan
What matters most to the economy?

Marketplace All-in-One

00:44 sec | 2 years ago

What matters most to the economy?

"I started this business with five hundred dollars, which is nothing I think. And that was just enough to buy thirty jackets to by the appliques to buy the supplies and a one month subscription to a squarespace website. And that was it. You know, I was like working for my parents living room. Literally, my whole business has been started from my parents couch, and it's been a wild wild start. I think the first listed goal I was in was for this platform called remiss glass, let you know Baleno oriented platform, and it was like, whoa, this is reaching a bigger audience at such a short period amount of time. Like I've only been in business for thirty days, and I think that's kind of when I realized maybe people do like the stuff, and maybe this would be something that I should pursue further and kind of say goodbye to all of my design clients.

Fidelity Investments Kai Rozelle Dan Powell Daniel Ramirez Charlton Thorpe Jeff Peters Ben Tolliday Gorski
The Fed: Why can't the 'bank of banks' be your bank?

The Indicator from Planet Money

09:26 min | 2 years ago

The Fed: Why can't the 'bank of banks' be your bank?

"A difference between how banking actually works in this country and how it should work. So says, Morgan Rix, I'm Morgan riffs. I'm a law professor at Vanderbilt, but before that I was at the treasury department and worked on banking policy there. And then even before that, I worked in finance and law where I primarily focused on banking issues, Morgan and a couple of other colleagues have recently proposed that all of us you and me and other normal people or normal. H people should have the option of having a basic checking account with the Federal Reserve. If we want it, the fed is in charge of monetary policy in this country, but also. Oh functions is a kind of Bank itself. It is called the central Bank, and it is basically the Bank of banks banks have to have a Bank to and the fed offers deposit accounts and payment services to banks and financial institutions throughout the country. And Morgan's idea is that these basic banking services should be available to everyone to the public, not just a banks. This idea he says, would solve at least two problems at directly affect a lot of people. I not everyone has easy access to a Bank account to the US. We have an unbiased population that's about seven percent of all households, seven percent that is almost nine million US households with no Bank account. And these tend to be low income households. Part of the reason the banks turn away these customers is that they consider them to be unprofitable. People without Bank accounts face all kinds of problems. What do you do when you get a paycheck? You need to convert it into cat, which means you're probably going to a check cashing outlet of some sort, and and they're generally charging. Call it two percent off the top. So you're paying a haircut on all your earned income and your, you're probably not that high to begin with by the way, if you don't have a Bank account. So that's ends up being a lot of money for the people involved. So you want to just pay routine bills. You may need to go stand in line at a Bill, pay center to pay utility Bill, as opposed to doing with the rest of us do for the most part, at least more affluent people which is to use convenient online Bill pay. So there's a lot of of actual fees and costs there's time and inconvenience cost associated with not having a Bank account. It's like an example of how it's more expensive to be poor. You know what I mean? There's no doubt about that. And it's also a problem for everyone else because it's easier for us all businesses and individuals to to transact with people who have make accounts, your employer would rather do direct deposit than have to cut a physical check. But if you don't have a Bank account, they need to cut a check. So if everyone had access to a Bank account at the fed, the first problem it would solve is that simply more people. Would have a Bank account. The second problem it would solve Morgan says, is it even those of us who do have Bank accounts would stop getting kinda ripped off on those accounts? Think about it this way. As Stacy mentioned, the Federal Reserve is in charge of monetary policy, which means it. It moves interest rates up or down depending on how the economy's doing. And one of the ways that the fed changes interest rates in the whole economy is by changing the interest rates that it pays to the banks that have accounts with the fed. So for example, the fed has raised interest rates from zero to about two percent in the past few years. So banks that have a deposit account with the fed or getting almost two percent interest on their deposits. So in theory, in theory, the banks shoot pass on these new exciting interest rates to their customers, but do they pass on those rates? No.

Federal Reserve Bank Morgan Rix Bank Of Banks United States Stacey Fidelity Investments Cardiff NPR Yemen Vanderbilt Sally Helm Representative Professor
Instagram Has Just Launched A Lite App • Featured, Instagram • WeRSM

Morning News with Manda Factor and Gregg Hersholt

00:47 sec | 2 years ago

Instagram Has Just Launched A Lite App • Featured, Instagram • WeRSM

"Has raised six hundred million dollars through a new round of funding that values the company at fifteen point one billion dollars lifts valuation was seven and a half billion in april of two thousand seventeen the company said it raised the funds mostly from existing investors led by fidelity investments which has now poured about eight hundred million dollars into facebook instagram app has added video chat as part of it's direct messaging feature and set it can be used by up to five people out of time instagram also announced a new topics feature on exit ed's explore tab as well as new photo filters that's your money now on wall street the closing numbers were negative the dow down by one hundred and sixty five points the nasdaq down by one hundred sixteen the sp five hundred down by.

Fidelity Investments Instagram Facebook Eight Hundred Million Dollars Six Hundred Million Dollars One Billion Dollars
"fidelity investments" Discussed on NewsRadio1620

NewsRadio1620

02:44 min | 2 years ago

"fidelity investments" Discussed on NewsRadio1620

"The guests and i've done a little bit of research and i want to give you the listeners a sense of this the title head of workplace solutions thought leadership my experience with fidelity over the years is that they are constantly trying to are doing a good job staying in front of thought leadership and when you you say you're the head of any portion of thought leadership at fidelity investments you've given yourself a pretty big role genie thomson describes herself that way genie welcome to the show thank you so much for your time we did a study in partnership with the stanford center on longevity and we studied twelve thousand people some of whom had recently recently retired and some who were considered pre retirees and you're absolutely right we found that there's many people who love their jobs actually and their identity is from their jobs when you think about you know professionals such as doctors lawyers professors who they what they do is who they are and so for those people we found that in many cases thinking about retirement is a loss of who they are and they don't jump right into retirement they would prefer to continue working we also have found that in in some cases we also studying you know women that were working in many cases one of the triggers for women to retire is when they have grandchildren assuming that yes assuming that they're they they're feeling closing up from a financial perspective you know many people once they get your place where they feel financially ready to retire it often takes an extra events such as having grandchildren maybe a reorganized work change in boston actually you know bad winter here in new england we have terrible winters for them to actually pull the trigger and for women one of those triggers is grandchildren what about the financial preparedness.

fidelity investments genie thomson stanford center boston
"fidelity investments" Discussed on The Skeptics' Guide to the Universe

The Skeptics' Guide to the Universe

02:02 min | 3 years ago

"fidelity investments" Discussed on The Skeptics' Guide to the Universe

"Yeah it's just a few there a plausible connection and is there any negligence on the part of the company you don't have to prove a causing effect they just acknowledged that the science may not be there yet and they're not going to count that against you santer a lot of companies that worked into there yet worked into the cost air well everyone we're going to take a quick break from our show to talk about a new sponsor that we have this week fidelity investments has partnered with atlantic's granted content studio to produce a podcast called the future according to now us this is a pretty cool new podcast i mean they go through a ton of scientific research and in attack innovation to really give us a good dose of what's going to actually impact our lives in the future so what they do is they talked to experts from around the world where denver fi which innovations actually matter like right now so they're episodes can cover one week the implications of robotic caretakers and then the next week they could talk about the ethical questions that could slow the introduction of selfdriving cars yeah they also talk about facial recognition technology the future of genetic manipulation which i think is fascinating the end of plastics which is weird if you think about and what happens when cities get smart so you should check out the future according to now go to apple podcast spotify stitcher and all of your favorite podcast platforms to listen all right guys let's get back to our show or a camera in his flu vaccine season at least in the northern hemisphere absolutely i got mine a couple months ago before i started traveling have y'all got in yours oh yes ask me why i haven't got mine because you've had a really bad cold name as i live here because i'm sick and i kicked kennett yeah but two weeks let's talk a little bit about a really cool study that was just published in scientific reports sorry to nature publication so like nature's the umbrella but unsigned typical worth on november second so very recently.

fidelity investments denver genetic manipulation atlantic apple spotify flu vaccine kennett two weeks one week
"fidelity investments" Discussed on The Future According to Now

The Future According to Now

01:52 min | 3 years ago

"fidelity investments" Discussed on The Future According to Now

"The development of plastics was a revolution in manufacturing that raise standards of living around the world it turned a manmade material into an essential part of our lives that may never change but with the unforeseen environmental damage being caused by the use of plastic we may be ready for another revolution driven by consumer demand the development of new materials that can give us what we need without harming the planet we all share move the future according to now is a podcast from fidelity investments to learn more or to get in touch visit us at the atlantic dot com slash fidelity podcast listen on apple podcast or spotify next time i've seen that face before a look at the news developments in these scanning technology thank you for listening promotional content produced by atlantic rethink the branded content studio at the atlantic for fidelity investments fidelity and atlantic rethink the branded content studio at the atlantic are independent entities the views and opinions expressed by the speakers are their own and do not necessarily represent the views of fidelity or its affiliates information presented is for information purposes only and is not investment advice or an offer of any particular security this information must not be relied upon in making any investment decision fidelity cannot be held responsible for any type of loss incurred by applying any of the information presented these views must not be relied upon as an indication of trading intent of any fidelity fund or fidelity adviser fidelity and the fidelity investments in pyramid designed logo are registered service marks of f m r l l c copyright 2016 all rights reserved.

fidelity investments investment advice spotify fidelity
"fidelity investments" Discussed on Science Friday

Science Friday

01:37 min | 3 years ago

"fidelity investments" Discussed on Science Friday

"Support for science friday comes from destination medical center a strategic economic initiative in rochester minnesota to build global destinations for life science medicine and health learn more at d m c dot amen support for this podcast comes from atlantic rethink the branded content studio at the atlantic creator of the future according to now a new podcast that explores the innovations that will change our lives in the foreseeable future check out the future according to now from fidelity investments and atlantic rethink learn more at the atlantic dot com slash fidelity podcast the science friday i am i replayed oh diet tom's they are a type of singlecelled algae found all over the world they're considered a model organism a staple in labs studying ocean water quality they're like the little white mice used to study human health i'll dia tom's are that from marine microbiology research in fact they are so well studied that some facts about diet tom's seem irrefutable for instance we know that the only reproduce a sexually of course that means by a single cell division or so we thought until one of those happy accidents were always hearing about in science my next gas caught a subset of diet times in the act of sexual reproduction kimberly halls ease assistant professor in the department of microbiology in oregon state university dr jose woke up the science friday thank you very much these.

minnesota fidelity investments tom cell division assistant professor dr jose rochester department of microbiology oregon