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Response to A HERETIC I AM (Original post)

Thu Dec 22, 2011, 12:58 PM

10. you are sure right about Vanguard

My IRA is coming due Jan. 2012. Vanguard was going to fill out the paperwork and send it to me via email. This never happened. I'm not impressed I must admit.

I'm in a bad spot. I can get 7-year CDs at 2.75%. However, I'll be over 59-1/2 before the 7-year hitch is up (if I am still alive that is).

I am permanent/totally disabled which matters as I can tap the IRA without a penalty.

I've looked long and hard at Vanguard but like you said, they won't give you any advice.

Edward Jones has an office where I live and they are going door-to-door trying to drum up business. Not impressed again.

What a nightmare this economy is. The idea of getting a paltry 2.75% on my life's savings sickens me. Maybe it is the best I can get, I don't know. Given my situation, I am lucky I even have an IRA still.

I looked at managed payout funds with Vanguard (VPDFX). This is a new thing with them with little history behind it and requires $25,000.00 to buy into. Again, not impressed.

*sigh*

Oh what to do ...

In any event, thanks for your kind post Paul and Happy New Year 2012 to you.

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Arrow 16 replies Author Time Post
A HERETIC I AM Dec 2011 OP
Common Sense Party Dec 2011 #1
A HERETIC I AM Dec 2011 #2
elleng Dec 2011 #3
Jack Sprat Dec 2011 #4
A HERETIC I AM Dec 2011 #5
Jack Sprat Dec 2011 #6
A HERETIC I AM Dec 2011 #7
Jack Sprat Dec 2011 #8
A HERETIC I AM Dec 2011 #9
LineNew Reply you are sure right about Vanguard
CountAllVotes Dec 2011 #10
A HERETIC I AM Dec 2011 #11
CountAllVotes Dec 2011 #12
Common Sense Party Dec 2011 #13
CountAllVotes Dec 2011 #14
marissa686 Mar 2013 #15
steve2470 Sep 2013 #16
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