u/pieeatingchamp

Received an email about them raising the price to $168/year. Gotta pay for those AI tokens, I guess.

My Spectrum internet/tv went out last Wednesday night, then I saw a tech working outside the next day, so I asked him was was going on and they said there was an issue related to a planned upgrade they didn't warn me about and when they tried to fix it, it because a much larger issue and they had to redo everything, whatever that meant.

Anyway, internet came back up later that Thursday, but my tv has been out since.

When I called them on Friday and Saturday, the automated system said there were issues in my area but they didn't have an ETA.

Today, my tv was still down and the Tuning Adapter lights were still blinking, so I called them and finally got transferred to the correct department.

Luckily a few months back my High Split Converters arrived, so the rep had me switch over to them so we could try and resolve the issue. And miracle of miracles, I eventually got both of my TiVos working again.

Apparently, they finally flipped the switch on High Split in my area (Lawrenceville, GA) and didn't bother informing me. I missed so many college football games this past weekend!

Every day, I think they are gonna finally kill support, but I survived another scare.

I think the app update I got this morning finally fixed the connectivity issues. Every since updating, my device shows in the app and the battery, temp, and humidity sensors are working.

My mom (74) just retired so I’m trying to help her figure out what to do with her terrible 401K. Apparently she didn’t have it invested correctly and it was set to a 2010 TDF back when she started working again in 2010.

Well, as you can imagine it hasn’t grown much, mainly because has no idea what she was even contributing to it. It only has a $20,421 balance.

I was thinking that she should have it converted to a Traditional IRA at Fidelity. Should she keep it all in SPAXX? Or just invest it a little?

She lives with her disabled sister, so between the two of them they have enough SS benefits to cover their rent and bills.

When she retired, he boss gave her $40K, since she was with them for 40 years, so she’s using that to pay off all her and her sister’s debt, except 1 CC, which she will pay off with the money she saves from paying all those CC bills and her car loan.

After the debt is gone that will give her around $1800 extra a month and her sister will have around $400 extra a month, so I think they will be ok, so long as they don’t go back into debt.

I asked her to put a good chunk of that into a 4.40% HYSA for an emergency fund, but maybe there’s a better option? I don’t think her RMDs would be too bad and maybe the HYSA would help offset them?

Anyway, what would you suggest she do with the 401K after she moves it to the IRA? And is the HYSA a good idea or should she put in a CD?

I recently found out that I can have both a Traditional and Roth 401K at work, so it was suggested that I redirect all future contributions to the Roth 401K and also make some changes with my Roth IRA.

My current Trad. 401K, which is a 2040 TDF, has a balance of $190K and my employer 2% will continue going to this.

For the Roth 401K, I chose FXAIX, which may be a bit risky, since I am 55 and 12 years from retirement.

My Roth IRA, which has $6.3K in it, was split between FXAIX and FTIHX prior to this move, but has been suggested to convert the FXAIX to FTIHX for more international exposure to balance out my new Roth 401K, which uses FXAIX and will get the $32,500 limit contribution.

My plan is to revisit my allocation around age 60 or 62 and make adjustments, if needed.

Does this seem ok or too risky? I started saving in my 40s, so I am a bit behind, but I also don't want to end up with nothing.

I started getting serious about my retirement investing sometime in my 40s and only have around $190K in my work 401K and about $6.3K in a Roth IRA.

Since I started late I am trying to make up a little ground and not sure which way to accomplish that, since I am currently 55 and plan to retire at 67...hopefully.

• Mortgage: $126K remaining at 2.875% with $1330 payment and would be paid off in 14 years normally
• Only Debt: $20K that will be paid off in 4-6 months by making $3000+/month payments

After debt is paid off, I will have that $3000 to do one of the following:

Option 1

• Increase my retirement savings to 20+% to hit all limits on Roth IRA and 401K
• Throw an extra $500/month at mortgage to pay it off in around 8 years, which would leave 3-4 years for investing the remaining $2500

Option 2

• Increase my retirement savings to 20+% to hit all limits on Roth IRA and 401K
• Throw everything at mortgage and pay it off in just under 3 years, which would give me around 9 years for investing $4300 due to not having a mortgage payment. But I would lose nearly 3 years of compounding interest and gains by investing that $2500 each month

I know Dave Ramsey says throw everything at the mortgage, but I don't know if he means that for mostly younger people or people in my situation, too.

What option would you go with?

I'm late (55) to the game in trying to get my investments going. I have an workplace 401K with 2% employer match. Currently I am putting 15% in it, but I was thinking about dropping it down to 2%, so that I could build my emergency fund to 3 or 6 months. I already have $1,000 in a 4.40% HYSA, so technically that's Baby Step 1.

I also have around $6.5K in my Roth IRA and I am contributing $300/month to my HYSA.

To help build the 3-6 month emergency fund, I was thinking about funneling both the 401K adjustment + the Roth IRA into the HYSA, which should allow me to hit $10,000+ by early next year.

However, that bypasses Baby Step 2, as I have one loan at 5.26% with an $880 payment, which I am paying $205 extra on. This extra payment was originally based on me contributing 15% to 401K, $686 to Roth IRA and $300 to the HYSA every month.

Since I have the $1,000 emergency fund, if I redirect the $300+686+300+whatever my 401K drop gives me extra each pay period, I could actually payoff that loan in about 8 months, if not sooner, thus freeing up $1,085 ($800+$205 extra) for going into my Roth IRA and then I could bring my 401K back up to 15%, if not more.

Obviously, if I go by the steps, I should payoff the loan, but I keep thinking about building a larger emergency fund. Should I just pay that loan off and follow the rest of the steps?

Just got this email. I already have 1 Gig dow, but I wonder if this means I will automatically get 1 Gig up?

Also, I wonder if that means my CableCARDs will finally stop working and I will need to switch to the HSCs for my TiVos?

https://preview.redd.it/79yd7ylnq24h1.png?width=736&format=png&auto=webp&s=08a6a7e2a85086087d3a9e2bebe6e9ffd8ec64c3

I have a $20,000 loan at 5.26% that I am looking into paying off as fast as possible. The base payment is $880 and I will be paying $205 extra each month. Repayment starts next month. Other than my mortgage, this is my only other debt.

However, I was thinking about pausing my monthly Roth IRA contributions ($686) and HYSA contributions ($300) to pay down this loan faster. Since I get paid bi-weekly, there I will also have an extra $750+ in July and December to pay against the loan principal.

By being this aggressive, I could potentially have it paid off around February, which would allow me to easily catch up my Roth IRA contributions using my March pay checks and bonus.

It would also free up $2,071/month from that point forward allowing me to max Roth IRA and 401K for 2027 easily. Especially since it doesn't include the annual raise I will be getting in early 2027. I've also asked for a 30% market correction on my current salary of $116K, which management said they have no issue with, but won't happen until around Q3/Q4 around budgeting time for 2027.

I only opened my Roth IRA last year and it has around $7K in it and just opened my HYSA (4.40%) this month and it has $1K in it. Combined, that's about 3 months of cushion for my expenses, but I could stop this aggressive repayment schedule, if an emergency came up.

Anyway, does this seem like a good strategy or should I just pay back the loan over the year, which was my original plan, and continue contributing to my Roth IRA and HYSA?

I started saving late and only have the following saved so far.

• Principal Work 401K - Just over $191K at 100% for American Funds 2040 Target Date Retirement R6 Fund. I am contributing 15%
• Fidelity Roth IRA - Just over $6k, since I opened it last year. I will max it this, including catch up. It's allocated to FXAIX

Lately, I've been wondering if I should switch my 401K TDF to Fidelity 500 Index Fund, but I am unsure, since my Roth IRA is already set to that. Or if I should make the switch, then change my Roth IRA to something else. Or if I should just split my 401K between a TDF and S&P 500 Index.

Basically I am trying to play catch up with what I have currently. I will be contributing more to both 401K and Roth IRA in the near future.

Thoughts?

I got started late saving and I'm 55 now with almost $190K in my work 401K, which is set to an American Funds 2040 Target fund. The only match 2%, but at least it's 100%. I contribute 15% of my pay to this, but will be upping that to 20% soon.

I also opened an Roth IRA a couple of years ago, but never contributed to it, but that changed last year now I have just over $6K in it with another targeted fund, which is FBIFX. I put around $700/month into this.

Is having both set to a targe date fund a bad idea? Should I move my Roth to FXAIX or something similar? Should I split my 401K into a target fund and SP500? I would like some set it and forget it, but I would also like to see a little more growth.

Oh, I recently opened a 4.40% HYSA that has $10K in it now. And will be contributing around $650/monthly to it.

While I didn't get the rate I wanted, due to my stubbornness on not giving up my TiVos, I did save nearly $100/month and got 1Gb/40 internet + the same tv package at a locked in rate for a year.

I will never give up my TiVos+CableCARDs until I am absolutely forced to by Spectrum or TiVo. Just love them too much.