I'm in a little bit of a financial planning panic. I was out of work for almost 7 months and just started working again at the end of June. I definitely overspent this summer with plans of reeling myself back in this fall and getting prepared to refinance my house to buy out STBX. We had originally agreed that he would give me one year, but now I'm only getting 90 days. Granted, the 90 days will be from when the divorce is finalized and we don't even have an official settlement yet, but my attorney suggested that I get a mortgage pre-approval to help move things forward and I wasn't really ready for that. So now after obsessing over my budget for the last year planning on buying him out and making sure I can afford it, it's all coming up on me at once and I'm panicking.
- I just took over being Treasurer for my Girl Scout troop from someone who hates banking and isn't money minded. Given that, she really did a fine job and I'm grateful she did it for 3 years, but OMG the state of the books and the randomness of her spreadsheets.
- I have an HSA at Health Equity, where investment options are limited to a set list of funds. I'm wondering about moving my $ out to something like HSABank where I can invest in whatever, but it's an active HSA so I would have to move the contributions out on a regular basis or at least a few times a year and I don't know if it's worth the hassle. Right now I have everything thrown into a Vanguard 2055 Target Retirement Fund.
- Anyone else here in a defined benefit pension plan? I know they're rare and I'm lucky to have one, but sometimes I get stressed out by all the "you have to max out your 401k" talk. Our pensions will pay out about 55% of our final income, and we've saved a ton for retirement on top of that, but we aren't maxing and sometimes I feel bad.
I also have a Health Equity HSA. Late last year I opened an HSA with Fidelity to have more investment options. I’ve been doing quarterly “partial transfer out” transactions using the HE online portal. Now that I have all the info (Fidelity address required me calling them), it takes less than 5 minutes each time. Hope that helps!
Sorry to bump a really old thread, but sahara78, can you tell me more specifically how you're doing the "partial transfer out" on the Health Equity site? I can't seem to find this anywhere.