quote:
tybur, you’re in your 30s…your retirement fund should be invested rather aggressively.
dont listen him. dont worry about. you got lotsa time to worry about retirement!!! Earth might not even be here by the time you have to retire, then look at all that money you could have fun with!!
DIBS — Sure, it’s did “ok” in 2009… ya know, to make up for the 40% loss in 2008. So, *finally* my contributions are a hundred dollars less than value of my account. Very sad if you ask me.
It’s TIAA-CREF, if you were wondering.
That’s correct m4l — I don’t have a “fixed benefit” pension, but I do have a very healthy employer contribution. I don’t think I would have opted for the fixed benefit scheme anyway — if I leave, I lose everything. What I have is portable. And leaving is definitely an option… not in the near future, but I don’t see myself here forever.
tybur, you’re in your 30s…your retirement fund should be invested rather aggressively. it should also have a fairly large international component. Presumably it did very well in 2009, correct???
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“According to the new Metro Wealth Index, created by consulting firm Capgemini, the New York Metropolitan area had 650,000 high-net worth individuals, or people with $1 million or more in investible assets in 2009. That is 18.7% higher than in 2008.
Once again, the New York area topped the list of metro-area wealth centers. Its total was greater than the combined total of the next three runners up–Los Angeles, Chicago and Washington.”
Oh, and yes, by all means, listen to someone with not a dime to his name who can’t do his own 1040EZ. that’ll work well.
TIAA CREF has a pretty good long term record. How much do they give you in strategy or allocation choices for investing the money.
quote:
tybur, you’re in your 30s…your retirement fund should be invested rather aggressively.
dont listen him. dont worry about. you got lotsa time to worry about retirement!!! Earth might not even be here by the time you have to retire, then look at all that money you could have fun with!!
*rob*
DIBS — Sure, it’s did “ok” in 2009… ya know, to make up for the 40% loss in 2008. So, *finally* my contributions are a hundred dollars less than value of my account. Very sad if you ask me.
It’s TIAA-CREF, if you were wondering.
That’s correct m4l — I don’t have a “fixed benefit” pension, but I do have a very healthy employer contribution. I don’t think I would have opted for the fixed benefit scheme anyway — if I leave, I lose everything. What I have is portable. And leaving is definitely an option… not in the near future, but I don’t see myself here forever.
who you calling ‘older’?
Pete, Tybur6 newer recruit. his hookup is not as juicy as you older members – ie Union likes to sacrifice the new meat when negotiating concessions
keep working for the state, tybur6. best retirement fund around (except for the feds of course).
tybur, you’re in your 30s…your retirement fund should be invested rather aggressively. it should also have a fairly large international component. Presumably it did very well in 2009, correct???
A little nugget for BHO:
http://blogs.wsj.com/wealth/2010/08/03/new-york-has-the-most-millionaires/
***
“According to the new Metro Wealth Index, created by consulting firm Capgemini, the New York Metropolitan area had 650,000 high-net worth individuals, or people with $1 million or more in investible assets in 2009. That is 18.7% higher than in 2008.
Once again, the New York area topped the list of metro-area wealth centers. Its total was greater than the combined total of the next three runners up–Los Angeles, Chicago and Washington.”