@DerekOlsen I left our broker last year and his 5,77% sales charge, and opened my own account through Vanguard this year where I can buy my own funds sales charge free. Since it was my first retirement account, I just tried out their, VTIVX Vanguard Target Retirement 2045 Fund Investor Shares. I own a pretty nice chunk of VTSAX taxable liquid shares, so I am comparing how the VTIVX shares perform to my VTSAX and learn from this experiment this year, so I can figure out what I want to do next year.
@PoF Do you have an opinion on target retirement funds like the one I bought, comparing it to 100% stock index funds?
I also talked to Vanguard before I bought them, and at any time, I learned that I can trade them internally without a penalty, and buy a different fund, so I thought I may as well try something else so I can have experience and comparison with the funds I am already happy with. It’s not like I was going to be stuck with them forever.
I own a mixture of Roth IRA and IRA. Since I am self-employed, my taxable income guides many of my health insurance decisions I have to make, so I usually wait until the end of the year and just see where my income is at before I decide on if I go Roth or not, depending on how it impacts my insurance options.
I was interested in opening my first SEP this year, but it was after the October 1 deadline, so I was unable to. So be aware of that deadline. Although, this year seems to have worked out fine for me. Hope that helps.