Am I correct to think 457b > HSA > Roth > 401k/403b(no match) as far as what I should be contributing to?

I think I'll be able to max 457 and HSA in 2019. So anything else should go into a Roth right?

Riddle, for God’s sake please do not live off of just your wife’s salary. If I had to give you a second thought it would be to worry way less than most posters itt want you to worry about an emergency fund.

Does anyone have recommendations on somewhere where you can invest your HSA in the market?

What do you mean?

It honestly depends on the investment options in each. If your 401k investment options suck, then I'd fill other buckets first.

#1 - Maximize your matching options no matter what. Even before credit card debt imo.
#2 - Pay off credit card debt.
#3 - HSA (assuming you can invest it and try to avoid spending it on medical needs).
#4 - Maximize pre-tax options, ordering based on investment options. Then do a Roth if you're under the income limits (assuming you are over the limits for traditional).

In terms of an emergency fund, I'd probably make sure you have $5-10k liquid, but I'd much rather you see pay off the student loans and be maximizing your pre-tax windows each year before you build a full on emergency fund (3-6 months of expenses).

We use hsabank.com, links up to an Ameritrade account.

How are the fees and what vehicles do they allow you to invest in? Im going to do this for the first time this year, and its been confusing wading through all the options. Really wish Vanguard or some of the other big brokerage houses would offer these.


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Curious what people’s thoughts are on how much I should hedge my retirement plans based on risk of state pension going bankrupt at some point? Don’t want to get into specifics too much but my state is generally in the bottom third of those rankings of how stable a states pension is but not one of the really in trouble ones.

I’m early career, in another year or two will build enough time that I would qualify for about 15% of yearly salary in retirement if I quit then and if I stick with the state until retiring in my late 50s would come out to around 60%. In that hypothetical final salary would probably be 250k+ so would be a pretty substantial retirement income. Obviously there are huge concerns nation wide about if pensions will survive, but at the same time it doesn’t make any sense to me to contribute to my 401k at the same rate I would if I had no pension. Also our state seems to claim to segregate our contributions in some way so maybe those would be safe even if it went broke overall?

Any thoughts on best way to to think about this?

Went with them because they had about the lowest fees out there.

You can buy anything you can buy in an Ameritrade account. So basically anything.

As of last month, Fidelity offers individual HSAs with no fees. Sounds like it functions just like a normal Fidelity brokerage account, meaning you can trade Fidelity and iShares ETFs for free, and any other stocks or ETFs for their standard $4.95 commission. That should be your best option.

See https://www.bogleheads.org/forum/vie...?f=10&t=263661 and https://thefinancebuff.com/best-hsa-...hsa-money.html for more details.

Let's say you want to bet that Apple underperforms Nasdaq-100 in coming year. What's the most efficient way to do that? Not that I want to make that trade but I try to understand available instruments better.

Are you contributing to SS as well?

You said you are early career, so I can assume retirement is 30 to 40 years down the road? Remember that in 40 years 250k X.6 = 150K. 150k in 30 years will likely buy about the same as 50K today.

I would certainly be saving in my own account, preferably a Roth IRA.

Yeah I’m in SS. Minimum would be another 27 yrs till retirement. I’m switching jobs will be in the 180k range starting this year so trying to figure how much to put in my 401k/403b whatever account they offer on top of the ~10% going into the pension system. If the pension actually holds up vanguard online calculators are saying would only need an extra like 3-5%/yr but that seems too low given risk of pension not working out. I assume my salary will roughly/partially keep with inflation so whatever 180k x 30yrs inflation would be my final salary.

Getting an invite to invest on some sort of App Developer company based in LA called "Dynamic Mobile Solutions", have found many red flags around it, but also would like to know if not finding any of their supposedly key executives on linkedin should be another one to add.

Does pension insurance exist?

Pensions are super under-funded.

Are you in a field that will be politically untenable to reduce pensions for? (police, fire, teacher?)

No, I’m a physician so if they could be cut by field I’m sure we would be cut first (despite fact state docs here are making 50% compared to if we went to private sector). Although as state employees I think everyone is treated the same so they couldn’t specifically cut ours and not someone elses. In my mind I picture them grandfathering us in at somepoint and forcing everyone who is new to get 401ks instead. But maybe I’m naive.

Amazing. Thank you.


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How can you not know the answer to this and still feel the need to give advice on anything at all?

How should you handle investing in your retirement when the market is taking a big fat sh*t and every analyst says they fear a recession in 2019?

I'm handling it the same as last year and the year before that. The current 15% or so drop from the peak in stocks is something that will happen on average like every 24-36 months or something. If there's a mild recession the markets will probably drop like 15% more. And a 30% dip is something that happens every decade or so. If that is too rocky a road you should probably have more bonds in your portfolio.

Unless you're really into finance and have the desire to go eyeball deep into that stuff on a very regular basis, then you should just keep investing a set amount at set intervals. Don't worry about market timing. You'll be fine.

IMO if you are 10+ years from needing the money then just don't worry about it.

You think because I’ve never had a HSA and therefore don’t know what is the cheapest/best/easiest site to invest a HSA somehow disqualified me from knowing about anything?

Few things tilt me more in life that teachers almost always get included in that list. When teachers get discounts for random **** like fire, police & military do also chaps my ass. I just don’t see what they do as being on the same level as those other 3 occupations.

Shuffle reverse tell is pretty strong right now, so guessing investments added at these levels should be very profitable in the mid to long term.