Personal Investments • need advice on 401 after leaving job

I would favor moving it to an IRA at Fidelity. Do you have any other qualified accounts? You can aggregate IRAs and not 401ks for purposes of RMDs. You are very concentrated in one stock and that is very risky, especially at your age. I would sell the stock and go to cash. Call Fidelity and have them administer the transfer, and then re-invest all the proceeds (including Stable Value) at your desired AA in a 2 or 3 fund portfolio using Total Stock (VTI), Total Bond (BND) and/or International Stock, or the equivalent Fidelity alternatives.

I favor simplicity as we age. Simple investments and simple administration of investments.

Statistics: Posted by goodenyou — Sat Mar 09, 2024 4:43 pm — Replies 4 — Views 193

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