I will be early retiring at the beginning of next year and am still confused about the mechanics of setting up my rollover IRA and a separate taxable account funded from my deferred account. I have been lurking for a couple years now on several of the retirement related boards and feel comfortable with a self directed IRA. I am a little hazy on the cheapest way to initially set it up.I have read numerous messages where it is recommended to have at least two brokers. That should you have an IRA account with someone like Schwab, you can get advantages of the organized service brokerage with nice website and then a secondary discount brokerage like E*Trade for placing your trades. I did call Schwab, had an initial discussion about setting this up, and fees and got indirect answers. Well, the answer was "buy our index fund, yada yada".I will have planned a safety net with my defined benefit and 6 years of laddered CDs in my IRA, my taxable account and paid for vacation home.Since I believe its likely I could live for another 40 years, and that is I would like to have my assets allocation weighted heavier in equities. At this point in my planning, I would like with a portion of my IRA to just buy VFINX and QQQ and hold them forever. I will need to buy my CD's. I will need to buy my rule makers or Foolish 4's or what ever method I eventually chose for my stocks for both accounts. It seems like it could cost a lot in transactions and fees to get this set up.I have sent an email to my employer to see if they would initially write separate checks for my 401 roll over. From my plan booklet, I don't see this happening.Anyone have any ideas on this? FOOl On.Susan
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