No. of Recommendations: 0
I have recently retired and like some fools failed to plan appropriately. I have put some money into a tsa account with fidelity,however I don't feel the investment is providing sufficent returns at 3.5%. I can withdraw 10% per year for rollover without penalities. Currently I can withdraw $1200 and in May I can draw another 10% which will be about $1700. My question is where to put this money for now until I can amass the necessary $3000 to invest in something like the vandguard index.I am a novice and ignorant in terms of investing and any help would be appreciated.I am currently reading up on the motely fool but until I can get a grasp of the concepts.I'm swinging in the dark.
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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 Glassdoor #1 Company to Work For 2015! 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