No. of Recommendations: 0
I have a unique situation. I have a lot of money saved for retirement, 47yrs old, but it is all in one stock. To sell the stock to diversify would expose me to large capital gains taxes which would erode my savings. Approximately 1/4 is in a 401k which I can transfer funds from the Company stock (HD) to mutual funds. The balance is in stock options which all are mature and can be exercised. I know that I should diversify but the stock is doing well and the cost of diversifying could have a serious negative tax impact. Any ideas?
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.