I did pretty much what TMF Pixy said. I moved out of Aetna (most of the subaccounts had expenses around around 3.2%-3.5%) and into a 403(b)7 with Fidelity (Spartan US Equity Index - expense ratio 0.19%). Ask your human resources people for a complete list of 403(b) providers - sometimes they don't advertise very much within an organization that there is more than one provider. I had no problems with Aetna other than expenses, and have been glad I made the move. Also, start the Roth IRA! I did that for the tax-free returns and because I don't get a company match. Investing in a Roth through a discount broker will let you hold stocks of individual companies (although many do offer mutual funds if you want) and you can do such things as the Foolish Four, Rule Makers, Rule Breakers, or various stock screen approaches. Although I don't get any matching funds, I like the automatic discipline of having the money taken out without me ever seeing it. Once you are used to it you never miss it. I may cut back in years to come when, but right now I'm making up for lost time I spent in grad school without any kind of retirement savings.Good luck on getting out of the annuity! Hope it works out ok.Taylor
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