Yes, I agree...it can be confusing. I had my HSA at another firm before I moved it to Saturna and it was run very differently. I also manage an HSA for my son at TD Ameritrade...also run differently. Like I said, I have not made any withdrawals, but Saturna said if I needed cash for medical expenses, to just let them know and they would send a check (?!?)...no documentation necessary. I guess they are using the honor system there...my prior firm had an actual debit card.

I have been given a debit card and a bank account has been set up through BNY Mellon. I am having bi-weekly payroll deductions to begin funding the HSA. You have to have a minimum amount in the account before you can branch off into investments for the funds.

@little5bee: I hope PRHSX was one of the funds from Price.
Regards,
Ted
YTD: +24.14%
2014: +31.94%
2013: +51.40%
2012: +31.93%
2011: +11.01%
2010: +16.33%
2009: +32.19%

Hi Dex,
Often the retirement decision is a high anxiety event because of portfolio performance uncertainty. If the retirement depends on a portfolio drawdown, a few bad years can do lasting damage.
There are plenty of millionaires in the USA. In very rough numbers (it changes so precision gives a false signal), the Millionaires Club is about 5% of US households. Since there are about 123 million households in the US, there are about 6.2 millionaire households. These households are not evenly distributed across the Country. Here is a recent estimate map published in the WSJ:
http://blogs.wsj.com/economics/2014/01/16/where-are-the-u-s-s-millionaires/
The Southern states are at the bottom of the heap. The likelihood of a millionaires household increases with age, with education, with being married, and with multiple wage earners in a household. No great surprises. About one-third to one-half of millionaires are in households below typical retirement ages. Here is a Link that makes that claim (see chart 4):
http://taxfoundation.org/article/who-are-americas-millionaires
However, when retiring, sometimes “A Million is Not Enough”. That’s the title of a book by financial advisor Michael K. Farr. But the real answer depends upon many individual factors that can not be adequately addressed in any book.
Many of these individual factors can be nicely addressed by exercising retirement planning tools that are accessible on the Internet. I have referenced these resources frequently on MFO, and am not reluctant to do so again. I am a fan of these tools since they help to reduce retirement planning anxiety, especially when Monte Carlo analyses capabilities are integrated into their toolkits.
One of my favorites is The Flexible Retirement Planner site. Here is the Link:
http://www.flexibleretirementplanner.com/wp/
The workhorse tool on this site is its Monte Carlo simulator. Please give it multiple test runs for your specific circumstances. Exploring “what-if” scenarios will increase a user’s understanding of what is influential, what actions are positive, and what options are harmful.
A more barebones Monte Carlo simulator, with many fewer options, is available on the MoneyChimp website. Here is the Link to it:
http://www.moneychimp.com/articles/volatility/montecarlo.htm
The MoneyChimp code inputs can’t be made more simple. You get to choose your own tool. I might test both resources because both are efficient time-wise.
The bottom-line output from either simulator is the probability of success (avoiding portfolio bankruptcy). There are many actionable options to move the likelihood into an acceptable green-coded probability zone. This is a terrific planning tool, and should make a final decision just a little more comfortable and definitely more reliable.
Knowing how to become a millionaire is not a mystery; the discipline to achieve that goal is yet another matter. The ball is in your court. I wish you good planning, a good decision, and good luck.
Best Regards.

As an additional funding source have you considered a rollover into your hsa?
If you haven't already done so and have a tax deferred IRA you can make a one time rollover from your IRA to you hsa. The amount cannot exceed your maximum allowable hsa contribution. For an individual that would be $4350 for 2015 and a but more if you have a family hsa plan.
Its a nice way to move what would be taxable IRA dollars into tax free hsa. This is not a distribution...its a one time rollover.
Article on topic:
rules-for-ira-to-hsa-rollovers
IRA to hsa worksheet:
IRA_to_HSA_Worksheet.pdf

I just wanted to thank the MFO community....I reached a big milestone in my HSA, thanks to all of you and the T Rowe Price funds you have recommended over the years. It is greatly appreciated!

Hi l5b,
What's the milestone? Hopefully the Health Savings Account finds you healthy, wealthy and wise. Were you able to set an hsa with TRP funds at TRP or through an intermediary?

@Catch: Thanks for the thoughts. The 2 funds I referenced above were/are part of my 75% "hold forever" position. Essentially, no changes are ever made in that "bucketed" group of half dozen or so funds except for very occasional rebalancing. The only caveat: With increasing age, I've gradually shaded that entire group more and more to the conservative side (and may continue doing so). So the move I noted above (from PRFRX into RPSIX) was in keeping with that risk reduction. Still, it hurts to sell a deadbeat and have it turn around on you.
Hope I made a little sense. Regards

Morn'in @hank
You noted: "Buying and selling rarely pays. Maybe a lesson in there for others."
>>>Hell, this statement would take this house right out of the investment game, period.
Everyone's buy and hold and/or rebalance period has various conditions, eh?
Best case scenario, I suppose, would be a buy/hold of VTI and PIMIX 50/50% mix. Stir the pot once and let simmer.....
Take care,
Catch

http://www.marketwatch.com/story/how-traditional-retirement-formulas-fall-short-2015-07-15?page=2
http://paulmerriman.com/retirement-distributions-2015/
Of course the author doesn't ask the correct questions in this article:
What are the chances of accumulating $1mm money by about 55 or 60? Answer small.
Then again with the right amount of inflation many more people will be able to do so!

Many of the bank loan funds are having decent years over 3% YTD ala LSFYX and DBFRX. Same with many of the junk funds ala JAHYX.

A year ago I bailed from Price's floating rate (bank loan) fund, PRFRX, after enduring about 3 years of very poor performance. Guess what? It's up around 3.5% YTD. Meanwhile, RPSIX, where I put the $$, is flat YTD. Another case of being "a day late and a dollar short."
Buying and selling rarely pays. Maybe a lesson in there for others.

FYI: Smart beta has emerged as one of the most exciting and hotly debated investment trends of the past 10 years.
Going by many different names—strategic beta, Fundamental Indexing, factor investing and others—smart beta is a
catchall term for rules-based, quantitative strategies that aim to deliver better risk-adjusted returns than traditional
market indexes.
Regards,
Ted
http://www.etf.com/sites/default/files/smart-beta-guide-043015.pdf

@MFO Members: Here's what Lukemon was commenting on. Thank, Lukemon for the heads-up.
Regards,
Ted
http://www.amazon.com/Great-Minds-Investing-William-Green/dp/3898799247/ref=sr_1_1?ie=UTF8&qid=1436962195&sr=8-1&keywords=great+minds+of+investing
Another Book On Fund Managers Is "Value Investing With The Masters"
Some of these money managers William Miller of Legg Mason Value Trust, David Dreman of Dreman Value Management and Martin Whitman of Third Avenue Funds are well-established advocates of the value approach. Others are relative newcomers, such as the Oakmark Funds' William Nygren and Jean-Marie Eveillard of First Eagle SoGen Funds. The general approach to the interviews is the same: a brief summary of the manager's background, including education.
http://www.amazon.com/Value-Investing-Masters-Interviews-Market-Beating/dp/0735203210/ref=sr_1_1?s=books&ie=UTF8&qid=1436962899&sr=1-1&keywords=value+investing+with+the+masters

Yes - Fear must be rampant among many fund managers to drive them into cash at 1% (+-). Really kills return. As I posted a week or so ago, the normally sane and intelligent managers at Oakmark have nearly all of OAKBX's fixed-income allocation (typically around 30-35%) sitting in cash and short-term stuff as of last report. Highly unusual for a fund that likes to hold some longer-dated government bonds to off-set its equity positions.
-
Oops. Apparently Mark's is a duplicate post. Apologies to whomever I've offended by responding to it.
Maybe we need a computer here that would detect duplicates and prevent their being posted? (as one who has made the same mistake in the past).

FYI: Value mutual funds did well in the first two of the past 10 years but have lagged their growth and core counterparts since then, leaving the style trailing for the whole period.
Regards,
Ted
http://license.icopyright.net/user/viewFreeUse.act?fuid=MTk5MzkzOTE=
Enlarged Graphic:
http://news.investors.com/photopopup.aspx?path=071515webLV.jpg&docId=761703&xmpSource=&width=986&height=1135&caption=&id=761693

OK. Just could you note...
My bad on the Alarm Rating column...basically, latest legacy Fund Alarm Ranking...HR - Honor Roll, TA - Three Alarm, ND - No Designation (ie. In between), Dash - Less Than 5 Years Old, so not ranked in legacy system.
The output is from the MFO premium site, which I'm coming to rely on more and more.

Hey, income funds on my mind lately, just past the 59.5 mark.
A look back at some notables this past year, sorted by APR highest to lowest:

Hi Charles,
I am having a problem understanding the numbers in your 1-Year Display Period.
Mona

FYI: Jeffrey Gundlach is locked in a protracted stare-down with an unlikely foe: Morningstar Inc.
Gundlach, who formed his investing firm DoubleLine Capital LP in 2009 and built it into one of the most successful fixed-income fund companies, is sparring with the research firm over what DoubleLine says have been a series of false and misleading statements about its flagship fund, according to people familiar with the matter.
Regards,
Ted
http://www.marketwatch.com/story/bond-king-jeff-gundlach-feuds-with-unlikely-foe-2015-07-14/print
WSJ Article: (Click On article Title At Top Of Google Search)
https://www.google.com/#q=Bond+King+Gundlach+Feuds+With+Morningstar+wsj
M* Snapshot DBLTX: http://www.morningstar.com/funds/XNAS/DBLTX/quote.html

FYI: Retirement accounts that rely too much on stocks are at risk should the market turn bearish.
Regards,
Ted
http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2015/07/14/portfolio-analysis-a-hyper-aggressive-129-million-portfolio-with-holes?int=9a2208

Bonds currently make up 32% within the portfolio:
ABNDX ... 0.2% ... -0.5%
AIBAX ... 0.5% ... 0.6%
AHITX ... 1.1% ... 1.9%
TAFTX ... 5.7% ... 0.1%
AMHIX ... 5.7% ... 0.5%
ABHIX ... 0.3% ... 1.4%
RPHYX ... 17.4% ... 1.2%
LSBRX ... 1.4% ... -2.6%
The whole mess is up 0.6%, same as Skeet.

Hi, @willmatt72,
Bonds are a part of my overall asset allocation and carry a weighting range of 20% to 40% within my portfolio with a neutral weighting being 30%. Currently, bonds make up about 20% of my portfolio; and, with this, I bubble at the low range. The bond funds that I currently own are GIFAX, LALDX, LBNDX, NEFZX, THIFX & TSIAX. I have representations to bank loans, short term securities, high yield securities and other type of bonds and income generating securities through my multi sector income funds. As from review of my last Instant Xray (June 26th) analysis my fund managers collectively have reduced bonds, within the portfolio, by a couple percent and raised stocks by a like amount while keeping cash and the other asset classification the same. However, short positions within the portfolio were increased form 6% to 8%.
As I write, my fixed income sleeve year-to-date is up 0.6% while a bond index fund that I track is down 0.5%. My hybrid income sleeve which consists of AZNAX, ISFAX, CAPAX, FKINX, PASAX & PGBAX is up year-to-date 0.9%. Both sleeve's total return have not been able to keep pace, thus far this year, with their distributions made resulting in a decline in sleeve valuation. However, other sleeves within the portfolio are showing net positive total returns resulting in positive results for the portfolio as a whole after accounting for all gains and distributions taken.
Hope this information is helpful.
Old_Skeet

FPA Crescent Fund
Q2
2015 Update
Positioning:
Gross exposure to equities is circa 57%
and net exposure is approximately 53%
. Fixed Income remains low at around 2.3%
Added
to private investments, specifically
real estate partnerships
Cash is approximately 43%.
Outlook:
Challenging to find opportunities that meet our investment criteria.
We are looking at
coal, for profit education and aerospace/defense*******
http://www.fpafunds.com/docs/fpa-crescent-fund/q2-2015-crescent-update-w_o-cpi-docx.pdf?sfvrsn=2
*******Not exactly a politically liberal view of the future economy in those industries, is it.
.