UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: gingerfff Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76421  
Subject: Just 6 Mo. to go!! Date: 6/22/2000 5:13 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Hi everyone:

I'm new to this site; though I have been lurking for several months. I've heard lots of very useful information on this and other boards that I read.

Right know I'm need to make a decision, and thought this would be a good place to start looking for info.

I'm going to retire the end of January 2001 at 59 1/2. I work for a public school in Massachusetts and am currently investing into a TSA (IdS-American Express). I'm not very happy with it's results; I've also been reading a lot here about Annuities not being so great.

With only 6 mo. left of full time employment, is it too late to invest in a Roth IRA for the 2000 year, in place of my TSA. I do not have a Roth IRA now, only a regular IRA. If I do go the route of a Roth, I would like to invest in vanguard 500 index. Any suggestions.

Also, when I retire, I will be getting a lump sum of around $8000. That will do a job on my taxes. Any way around that? Thanks all.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement