The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Need a 401(k) opinion||Date: 3/29/2002 10:12 PM|
|Author: AcmeFool||Number: 34072 of 81375|
I still have money in a previous employer's 401(k) program. I need to move it out. The question is where?
Should I roll it over to my current 401(k)?
Or should I roll it over to an IRA?
Your input is appreciated.
Obviously, this will be a personal decision in the end...but if I were in your position, I would roll the 401(k) into an IRA with Vanguard. This would give me access to all of their index funds (my desired "simpleton" allocation is 80% Total Stock Market; 20% Total Bond Market). There are many options and you need to investigate all the possibilities...
Take your time...learn about all the options...and then make your move. Don't be in a hurry...the worst thing you could do would be to make a decision you regret!
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|