I am shocked to read this… I don’t believe Facebook’s Canada benefits come close. In Canada, I’m pretty sure all we get is a lump sum. I’ve never heard of a company paying for 10 years following - so generous!
Andre, I'm curious to know why you ask your wife to sell all FB stock and invest everything in FZROX? The Fidelity Zero Index Funds (FNILX & FZROX) are too new but have you done a long-term comparative analysis of investing in a S&P500 Index Fund (such as VOO) vs. Total Market Index Fund (such as VTI or VTSAX)?
I am a big fan with FIdelity's approach on the zero funds. Their asset allocation and fee structure has me confident in their ability to mirror their intended tracking index. That said, I also own VTI, FXAIX, FSKAX... All of these would be fine choices. I just wanted something simple to execute against without adding any decision making stress. Even a target date fund could be a good option here if I really wanted to simplify and sacrifice extremely minimal fee's.
Facebook: All stocks don't vest - technically, you lose anything above $2M - arguably academic for most people.
I can appreciate pedantic correctness! All stocks up to $2M vest***
Amazon has policy that will pay out a lump sum of 4 times your annual base salary to chosen beneficiaries
I am shocked to read this… I don’t believe Facebook’s Canada benefits come close. In Canada, I’m pretty sure all we get is a lump sum. I’ve never heard of a company paying for 10 years following - so generous!
Andre, I'm curious to know why you ask your wife to sell all FB stock and invest everything in FZROX? The Fidelity Zero Index Funds (FNILX & FZROX) are too new but have you done a long-term comparative analysis of investing in a S&P500 Index Fund (such as VOO) vs. Total Market Index Fund (such as VTI or VTSAX)?
I am a big fan with FIdelity's approach on the zero funds. Their asset allocation and fee structure has me confident in their ability to mirror their intended tracking index. That said, I also own VTI, FXAIX, FSKAX... All of these would be fine choices. I just wanted something simple to execute against without adding any decision making stress. Even a target date fund could be a good option here if I really wanted to simplify and sacrifice extremely minimal fee's.