Quicken for Mac.
Any issues with editing security names like payees long term? Right now it all works great but wouldn't mind renaming to make it more organized for my brain and not have everything capped or Class A in the name, etc. 😄 If it causes any issues, I'll leave as is because you know, if it ain't broke, don't fix it.
I feel like it "shouldn't" cause an issue. These are downloaded transactions.
Over the past couple of years, I tried Copilot Money, Monarch and Simplifi alongside classic. I wanted to switch. I wanted something with parity across mobile devices since I was becoming more mobile. I wanted something that I can do on my iPad and iPhone. This was my favorite part when I used the aforementioned.
After trying them out, none of the other apps could match what Classic can do overall. Simplifi was the closest and getting closer. Each app was lacking and Classic only really lacked in the mobility department. Now that I added a Charles Schwab Brokerage account, moved investments over from Northwestern Mutual, opened up an individual brokerage account to buy some individual stocks, Classic was there again to help with the seamless transition just like they with other items like kids MM funds and being able to separate that from our main accounts, etc. Funny, our kids MM fund connects better than Simplifi. Don't understand that logic but chalked up another plus for Classic.
Even before switching to Quicken Classic for Mac years ago, Quicken Classic Windows was solid for me, so it's a bummer that Windows users have issues with it. They should rebuild from the ground up like they did for Mac. Quicken for Mac is such a solid, semi modern looking product and you can even use the companion apps mostly without issue.
While Quicken Classic isn't perfect, you get more than the others at a similar to lower price point.
Finally, you own your data. Simplifi recently had an issue with missing transactions that while they did fix, did not have to worry about that in Classic. If you rdata disappears with an aggregator, it's gone unless you export to CSV every now and then. Classic has that backup functionality built in and restore your data no problem.
If I was starting over or new to the game, it probably would be Simplifi or something else but there are reasons why Classic is still the grandaddy of them all and why they have been around for 40 years with my data file going back to 2006.
Long story short. I'm mid 40's behind on my retirement due to my early 20's. While I can't control the past, I can control my future. I make around $120k and max out my company's 401k at 5% which already has 31k in it in a target date fund.
I moved over 62k in my Northwestern Mutual account over and put it in a Schwab MM Fund until I know what I want to do.
I recently got into invidiual stock purchases which I've been loving. Opened up an Individual Brokerage account and only put in about $6400 but already up almost 11% in the past couple of weeks since I started.
I'm very happy I moved over from NM and really liking Schwab and the additional flexibility with my IRA since it was a former employer plan.
Traditional Roth and debating between SWYNX, SWYMX and CVLOX and/or buying stocks with it. While I think Target date funds are good I'm also unsure of them too over time as they are supposed to auto adjust.
Any other thought or recommendations? My thought is to be aggressive for the next 10 years before switching to moderate while still having my fun individual brokerage account for stock purchases.
