Skip to main content
No. of Recommendations: 0
Hi,

I have been a registered fool for a little over a year now - but not an active one (trying to do better).

Prior to becoming a fool, I was strictly into managed funds thru work 401ks. Over the last year, I have migrated to index funds and have a couple of stocks - this has been a positive change and I am grateful to fools everywhere.

90% of my retirement funds are in the 401k and 10% in a Roth IRA. I will soon be rolling my 401k into a traditional IRA as I change employers. I plan to continue contributions to the Roth only.

I am 37 and am interested in trying to retire (at least partially) at 55. Since traditional IRA's won't allow retirement until 59 1/2 (I guess Roth's are the same), I was considering shifting my focus to taxable investing to provide usable funds for 55.

Is this a reasonble approach?
Would you purchase the index funds directly from the fund mgr or thru your discount broker?

Thanks......David
Print the post  

Announcements

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.