I just retired and my income stream will stop shortly. I have some decisions to make. Currently 90% of my money is in (5) Fidelity accounts (money market, rollover IRA, managed account and personal investment account, MetLife Annuity). Also, I have an IRA with Prudential that I have to roll over.
Questions:
Questions:
- Any concerns having all my holdings with one company?
- Stay with Prudential and do a IRA rollover or move it to Vanguard?
- Thinking of moving the Pru-IRA to an annuity. Being I would start drawing around March, would fixed be better that a variable. I assume fixed yields a higher rate. The Pru variable annuity pays .5% less then Met for a joint account.