No. of Recommendations: 0
OK, we've done lots of homework, read the books, did the workbook, downloaded IRS Pub 590, 575, etc., talked to the company holding the 401k (that was interesting) and have made some decisions. We're rolling the 401k into a self-directed IRA (have already located the discount broker after much research). Have all the instructions from both ends. So now we're down to the wire on where to put the money. We want growth, want to preserve the capital,and will need income starting next year. We're both 54 and the assests are just under 1 million now. We will be taking SEPP (Substantial equal periodic payments)in 2000 (think we have a pretty good understanding of that compex subject). We already know we want a part in Vanguard's S&P 500, and a portion in the foolish 4 (not sure which one or if we should try 2 of the versions). If we go with roughly 1/3 in the Foolish 4 (Rule Maker I think), and perhaps 1/3 in the Rule Breaker, then we still will some funds to place. We looked at the No-Load Index Funds list you guys have and the most astounding one is RYOCX. When I searched for it on your quotes section, it had a sad face. Any comments on any of the above is welcome. Love the site, glad we found it.

PS. Just got our August issue of PC Computing and in an article named "Internet Investing" the Motley fool was referred to as the 'gold standard' for analyst and pundit opinion.

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!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.