Totally Fake Reader Mailbag Edition

[These aren't real questions that avid readers have sent in, yearning for my sage advice. I'm just paraphrasing some discussions I've had about money with family, friends, and co-workers]

I just changed jobs. Should I leave my 401(k) with my old employer, or roll it over to my new employer's 401(k) plan?

No.

You shouldn't do either. You should rollover your old 401(k) into an IRA with low-cost mutual funds, like Vanguard. There are 2 main problems with 401(k) accounts in general:

First, the investment choices they offer are usually going to be fairly limited. They might not even have index funds. Opening an IRA with someone like Vanguard, Charles Schwab, or Fidelity gives you access to just about all of the mutual funds each company offers. It's like comparing a state-run grocery store in the Soviet Union to a well-stocked Wal-Mart in the United States.

(Click here for the rest of Rob's blog)

Rob Aeschbach is a male military spouse who spent 12 years as an active duty Marine before becoming a Navy spouse. Since then he has been a stay-at-home-dad for more than 10 years, served in the Marine Corps Reserve until his recent retirement, and started a personal finance blog.

Topics: rob aeschbach male military spouse finances macho money 401(K) investment retirement advice financial planning

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SAHD Life: Sad-At-Holidays-Dad - Anxiety, Depression, Loneliness

Holiday Depression "SAHD Life" is a blog segment by male military spouse and stay-at-home-dad, Taurus James - husband for 15 years, father for 7 years, SAHD for 2 years. In this post, Taurus takes a look back at his personal struggles with anxiety, depression and lonliness during the holidays and encourages others to seek help.

When I was a boy, I loved the holidays. I had great anticipation and excitement during Christmas. I loved being with family and friends during Thanksgiving. Food, football (Washington Redskins forever!) and fellowship are what I looked forward to the most.

But then something happened. I didn't know exactly when, but I was definitely a grown-up at the time when I started dreading the holidays. Thanksgiving and Christmas became the worst times of the year for me. The things I loved about these holidays and anticipated as a boy, I hated as a man and a father.

Posted in Dads

Totally Fake Reader Mailbag Edition

Totally Fake Reader Mailbag Edition

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SAHD Life: Sad-At-Holidays-Dad - Anxiety, Depression, Loneliness