Positive 401(k) rollover experience with Vanguard

In an effort to simplify my finances a bit, I decided to finally rollover my 401(k) from the job I was laid off from last year. I had put it off waiting for the old employer’s last annual match to hit this past February, and then put it off after my experience rolling over the [...]

Dealing with a layoff BEFORE it happens: Part 3 – Retirement and investment account considerations

I posted previously about some things to consider before a layoff hits. The first of four installments discussed saving vital information and the second installment discussed work-related expenses. This third installment discusses items to consider as it relates to your retirement and savings accounts. Decisions you make in your final few months of employment could make a difference of [...]

Dumb luck as an investment strategy

OK, this is totally in the “don’t try this at home” department, because people a lot smarter than me have tried to do this and failed miserably. With that disclaimer out of the way…

I recently made the decision that I needed to rollover the funds in my old employer’s 401k plan (not the one [...]

Layoffs on the way? Why you may lose part of your 401k as well…

As I noted previously, I was laid off last week from my job at one of the Big 4 accounting firms. While I won’t name it, it is a four letter name that I now regard as a four letter word. As I am dealing with the challenges of an accelerated job search, transitioning out [...]

Happy New Year! Here’s my financial to-do list

Happy New Year, fellow cheap bastards! Everyone looks at the beginning of a new year as a new beginning of sorts, and it seems like everyone likes to put together their list of resolutions. I’ve never really liked the practice or the term, mainly because most people come up with stuff like “I want to [...]