We have the bulk of our portfolio split between Fidelity, T Rowe and Vanguard. Some is with traditional IRA's, some (half) 401k and the balance taxable investments.
We have 18 months to go until retirement at age 55. Actually, I have semi-retired and run a business online to stay busy, and my husband will be done in 18 months.
We are pondering if I should start thinking about rolling over my 401ks to IRA's, and whether we should move our funds to one umbrella- though certainly no one investment.
We have resources to carry us until 59 1/2 and will not need early withdrawls. We are comfortable managing our own funds, and are not looking to pay someone to do that for us. We will not have to borrow funds from the 401k, so no real reason to keep it. Comfortable with investment choices, but they might be broader elsewhere.
However it would be nice to use the fund resources to get ideas for investment strategies in the years to come and to minimize taxes in a high tax state. So we thought having things under one roof might make sense.
Any thoughts as to pros and cons with keeping funds under one or multiple roofs?
We have 18 months to go until retirement at age 55. Actually, I have semi-retired and run a business online to stay busy, and my husband will be done in 18 months.
We are pondering if I should start thinking about rolling over my 401ks to IRA's, and whether we should move our funds to one umbrella- though certainly no one investment.
We have resources to carry us until 59 1/2 and will not need early withdrawls. We are comfortable managing our own funds, and are not looking to pay someone to do that for us. We will not have to borrow funds from the 401k, so no real reason to keep it. Comfortable with investment choices, but they might be broader elsewhere.
However it would be nice to use the fund resources to get ideas for investment strategies in the years to come and to minimize taxes in a high tax state. So we thought having things under one roof might make sense.
Any thoughts as to pros and cons with keeping funds under one or multiple roofs?