Home > Goals


November 20th, 2006 at 03:16 pm

I've been BUSY, both with work and with personal finance reading. I feel guilty for not being on top of the finance business earlier, especially when I had a higher income. Oh well, I can only look forward at this point.

Mr. Bean and I did get free credit reports over the weekend. Luckily, there were no surprises or red flags for either of us.

By December 1st, I will:

1. Open a Roth IRA (I'm leaning towards going through Vanguard, but welcome any opinions on this)
2. Open ING Savings

By December 15th;
1.Figure out what to do with my 401(k) from old job
2. Meet with insurance agent to review auto coverage (we only have 1 car, we picked coverage in a bit of a hurry, may be over covered in some areas).

By January 15th:
1. Compare rates at other car insurance companies to ensure we want to stay with current provider.
2. Analyze savings to see if some could be used for a low-medium risk investment

4 Responses to “Goals”

  1. Broken Arrow Says:

    Personally, I've settled on Vanguard myself. So, I have no other opinions. Big Grin

    I do think that I would rollover your 401k to a Traditional IRA though. I've heard horror stories about how people left their 401k with their employers, but the company was either sunk or bought out by another company. In those cases, I heard that it was very difficult to get your hands on your money. Being an independent entity, the IRA would protect you from such scenarios.

  2. threebeansalad Says:

    Yes, that's what I'm afraid of-- my old company was a small government contract company. It's not outside the the realm of possibilities that they could fold at some point.

    I want to max out the Roth IRA contribution this year, I hope I can do that AND still roll over the 401(k) over. I guess that's another thing to add to my "Figure Out / To Do" list!

  3. PRICEPLUS Says:

    Roth and INg account are good.(Take a look at Emigrant Direct in place of ING).

    401k should be addressed and your insurance should be researched. Way to go you appear to be right on top of things!Smile

  4. paigu Says:

    I sent the ING referral to ya. Happy Savings!

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